Business Administration & Management
Mr. Bernstein
The Planning and Organizing Functions, pp 324-341
April 23, 2014
2
Business Administration & Management
Mr. Bernstein
Four Functions of ManagmentPlanning OrganizingImplementing Controlling
3
Business Administration & Management
Mr. Bernstein
Strategic PlanningSWOT analysis:
StrengthsWeaknessesOpportunitiesThreats
4
Business Administration & Management
Mr. Bernstein
Strategic PlanningSWOT analysis:
Strengths (internal positives – what do you do well?)Weaknesses (internal negatives – in what areas are you lacking?)Opportunities (external conditions that may facilitate success)Threats (external conditions that may hinder success)
5
Business Administration & Management
Mr. Bernstein
Planning Tools: GoalsMust be specificMust be achievableMust be clearly communicatedMust be consistent with other goals (and overall company goals)
What are your goals?
6
Business Administration & Management
Mr. Bernstein
Planning ToolsBudgetsSchedules, or TimeframesStandards, or BenchmarksPolicies and Procedures – must be met at all times
7
Business Administration & Management
Mr. Bernstein
Organization Chart
8
Business Administration & Management
Mr. Bernstein
Characteristics of a Good OrganizationResponsibilities are clearly assigned
Everyone knows everyone’s roleAccountability
Everyone must accept their responsibilitiesUnity of Command
Line and Staff, Matrix ReportingProper Span of ControlCentralization vs. Decentralization
9
Business Administration & Management
Mr. Bernstein
Organization Chart for Matrix Organization