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Planning: Meaning, Process, Needs, Importance and Limitations of Planning

Planning is the first and foremost function of management. It focuses on the future course of action. It decides in advance as to what is to be done, how is to be done, when is to be done, where is to be done, who will do it and how results are to be evaluate. Planning directs effort of individual and groups as we as resources of an organization towards the common objectives. Planning is the inter-actual process. It includes thinking before doing. So it is initial for management. According to Marry Cashing Willos, "Planning is the continuous process of selecting, developing the based course of action to objectives." According to Koontz and O'Donell, "Planning is deciding in advance what to do, how to do it, when to do it and who is to do it. Planning bridges the gap from where we are to and where we want to go." Hence, planning is predetermination of objectives and inter-actual course of action to be taken to achieve specific goal efficiently and on time. ...

6 Steps to Overcoming Goal Setting Barriers

Overcoming from goal setting barriers in the organization is a very big challenge. Goal settings and plans are dynamic processes and they have to face many obstacles. There are several ways to overcome internal obstacles and deal with external obstacles. 6 Steps to Overcoming Goal Setting Barriers Overcoming obstacles are guidelines for setting goals and planning effects; 1. Understand the objectives and limitations of goals and plans. 2. Communication and Participation. 3. Consistency, modification, and updating. 4. Effective rewards system. 5. Encourage change and motivated employees. 6. Prepare for future contingency. 1. Understand the objectives and limitations of goals and plans Managers should understand the purpose of goals and planning processes. The objectives of goals and plans are; Set a goal and identify the possible ways to reach the goal. But setting a goal and planning is not a success for the company. Managers should understand that they have limit...

7 Barriers to Goal Setting/Formulation in Organization

7 barriers to goal seeting in an organization are described as below: 1. Inappropriate goal The goal should be suitable for the internal factors of organizations, such as; Financial status, size, market share and more. Inappropriate goals come in many forms. Goals can also be inappropriate if they are absent, they put too much emphasis on the quantitative or qualitative measures of success. Financial goals are quantitative, objective and verifiable. The organization is heading to the problem if they choose those goals which are beyond their understanding. 2. Inappropriate rewards system Inappropriate reward system is barrier for setting goals and plans. Unintentionally rewarding for poor targeting behaviour or poor goal-setting behaviour should not be rewarded or even punished; These definitely have a bad effect on the people in charge of the goal setting and receipt. If a company puts a lot of emphasis on rewards for short-term performance and results, then employees c...

Goal Setting process and importance

The goal setting process includes the following three steps: 1.Environmental Scanning Environmental scanning refers to the identification and analysis of various environmental forces, which affect the activities of an organization. The objective or purpose of the organization is also affected by the factors present in the organizational environment. Environmental scanning can also be defined as obtaining information, changes in the environment and the process of surrounding development. The following aspects have been included in environmental scanning: a.Political and Legal Environment It deals with the policies, constitution, rules and regulations, business policies, international relations created by the government. There will be subsidies and restrictions in the business sector. When establishing goals, these factors should be carefully studied and considered. b.Economic Environment This includes the financial status of consumers, their spending habits in the market, in...

Steps to successful goal setting

As a life and executive coach, I work with many people on my goals. Setting a goal puts you in the driver's seat, which gives you the power to change your life or take the company in the future. Being enticing in that voice, it is more common except for those goals. To be successful, check your goals against your ten steps so that you can fulfill them: 1. Belief The first step for goal setting is to have full faith and confidence in the process. If you are not sure that you can completely change your life and get what you want, then you can also forget about the goal setting and do something else. If you are in doubt, then look around you. Whatever you can see, it started as an idea. Turn your thoughts into reality. 2. Visualize what you want Think about what you have a deep desire in your life or you want your company to be one year from now. What is the change? What do you need to know or learn? Need to address spiritual, emotional, personal, financial, social or physical...

Organization: Meaning, Objectives and Characterstics

An organization is the formal association of two or more people who are in agreement to look for a common goal through efficient combination and implementation of plans, policies, rules and procedures. Organization helps people develop through joint efforts. An organization comes into existance only when there are a number of persons willing to contribute towards a common goal. In the definition of W. G. Scott, "A formal organization is a system of coordinated activities of a group of people working cooperatively towards a common goal under authority or leadership." Organization can be viewed into two ways static sense and dynamic sense. In a static sense, an organization is a structure performed by a group of individuals who are working together towards a common goal. In a dynamic sense, organization is a process of combining and assigning various function to different people and fixing the responsibilities for accomplishing these works. Objectives of an Organization...