The Planning Function of Management - 1206 Words

Most companies have a vision, mission statement, and a set of core values. These three things are normally made up by a group of senior managers or a leadership team. Once these three things are decided upon, the upper management or leadership team should deliver the information to the management below them, so the important information is delivered to all levels of employees within the company. After the these three things have been set, most companies will post their vision, mission statement and core values somewhere for all employees to see. Often time’s new employees are given copies of these three things in orientation or on their first day of work. Coming up with the vision, mission statement and core values are just one way that†¦show more content†¦Again, this is a way of planning that requires the participation of all levels of management. Operational planning is used mostly by lower level or front line managers. These are the routine tasks of scheduling, hu man resource tasks, and daily statistics which are looked at when planning for future staffing and projects. Although these tasks are carried out by lower level management or supervisors, they upper management still has a say in these tasks. The upper level management or leadership team more than likely made those tasks as a part of the employees daily routine; so again, all hands of management play a roll in the operational planning as well. Contingency planning tends to be the one that is discussed the least. Contingency planning is very important in most companies, as this is where the safety and disaster planning comes into play. These plans are made by all levels of management as well as employees who are non-managers. Each department knows its own needs when it comes to its contingency plans, it is important to have all employees involved in the planning. For example, a fire drill plan; all the employees know where the closest exit to their workspace is, and they can all agree to find a common meeting place outside of the building. This is not a plan that has to be done by a specific level of management. There has to be some management oversight, but all the department employees need to be inShow MoreRelatedThe Management Functions Of Planning927 Words   |  4 Pagesassigned reading and peer-reviewed journals. The three concepts discussed are: The Management Functions of Planning, The Management Functions of Controlling and The Management Functions of Organizing. The management functions of planning is a crucial function of management as it is setting goals for specific results and determining how to achieve those results Satterlee (2013). There are many aspects that impact planning within an organization such as it gives organization direction; decreases uncertainty;Read MorePlanning Functions of Management1530 Words   |  7 PagesPlanning Functions of Management â€Å"Planning is concerned with the future impact of today s decisions. It is the fundamental function of management from which the other four functions stem† (Erven, 1999). Considering planning is the first of the four functions of management, one can appreciate the importance and impact it has on the other functions. Production cannot begin and staff cannot be mobilized unless the planning phase has been completed. Factors however, do exist which affect the planningRead MorePlanning Management Functions1840 Words   |  8 PagesManagement Functions Planning Introduction In this assignment we should learn more about management, this function and the principal task of the function management is planning. 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Later on, the producers became mindful of the costs associated with ineffective planning which potentially results in poor quality of products of dietary supplementsRead MoreFunctions Of Planning : Planning, A Essential Aspect Of Management1838 Words   |  8 Pagesin a period of five years. PROJECT PLANNING: Projects involving a few activities, resources, constraints, and inter-relationships can be visualized easily by the human mind and planned informally. However, when a project crosses a certain threshold level of size and complexity, informal planning has to be substituted by formal planning. The need for formal planning is indeed much greater for project work than for normal operations. Without effective planning, there may be chaos (Chandra, 2009)Read MoreFunctions Of Management : Planning, Directing And Controlling Essay933 Words   |  4 Pagesfour major functions of management in order to succeed. 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