Cieverose College, Inc. Organization and Management: Performance Standards Learning Outcomes
Cieverose College, Inc. Organization and Management: Performance Standards Learning Outcomes
Cieverose College, Inc. Organization and Management: Performance Standards Learning Outcomes
For this week, this module will discuss the nature of planning, compare and contrast
different types of plans and describe planning at different levels in the firm.
PERFORMANCE STANDARDS
Learning Outcomes:
1. Determine the definition and nature of planning.
2. Identify the planning process and different types of plans.
3. Understand the difference of planning in every levels of the firm.
To start with this module, you are advised to follow these simple instructions to assure
learning.
1. Look for a good place to study to. It should have clear surroundings, proper ventilation, free
from different noise, and make sure the lights are on.
2. Prepare all the learning tools and materials.
3. Answer the pre-test based on your retained learning.
4. Read and analyze the content of the module.
5. Takedown notes so that you will remember all the important details.
6. Finish all the activities in the module. Enjoy every moment of doing it.
7. Let the facilitator/guardian evaluate your work.
8. Review and prepare for the post-test.
9. Apply the skills you have learned after doing all the activities.
PL
ANNING
Process that involves the setting of organization’s goals, establishing strategies for
accomplishing those goals and developing plans of actions that managers intend to use to
achieve the organizational goals.
NATURE OF PLANNING
Primary function
Functions of management largely depends upon planning. It provides the
basic foundation from which all future management functions arise.
Goal-oriented
Plans arise from objectives. Objectives provide guidelines for planning.
Continuous planning
It is an on-going process of adapting the organization with the changes in
business.
Flexible
Planning selects the best alternatives based on certain assumptions. There is
a possibility of dead log in the functions of the management. It has one more
alternative to suit future situation.
Managerial function
It is found at all levels and all departments of an organization. It involves
choosing the future course of action from among alternatives.
PLANNING PROCESS
Establishment of objectives
Developing premises
1. Establishment of objectives
It involves identification of goals and objectives of the organization by carefully
examining the internal and external environment affecting the business.
2. Developing premises
Premises are assumptions about the environment in which plans are made and
implemented. Thus, assumptions about market demand, cost of raw material,
technology to be used, population growth, government policy, etc. are to be made while
formulating a plan.
TYPES OF PLANNING
1. Operational Planning are about how things need to happen. This type of planning
typically describes the day-to-day running of the company.
a. Single use plans are created for events and activities with a single occurrence.
b. Ongoing plans include policies for approaching problems, rules for specific
regulations and procedures for a step-by-step process for accomplishing
particular objectives.
4. Strategic Planning are all about why things need to happen. It includes high-level
overview of the entire business. It is the foundational basis of the organization and
will dictate long-term decisions. The scope of strategic planning can be anywhere
from the next two years to the next 10 years. Important components of a strategic
plan are vision, mission and values.
5. Tactical Planning are about what is going to happen. It supports strategic planning
and includes tactics that the organization plans to use to achieve what’s outlined in
the strategic plan. Often, the scope is less than one year and breaks down the
strategic plan into actionable chunks.
You are the new CEO of your family business which is a restaurant. The theme of
your business is old-fashioned which is one of the reasons why your customers are keep
on coming back because of its vintage ambiance. However, now that we are on a
pandemic, your profit decreases since there are few customers who can personally go and
visit your shop. Since you were old-fashioned restaurant, you don’t have delivery options
since this will also increase your expenses. How are you going to deal with it? Write your
specific plans.
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Based on your answers, identify how each level of the firm will execute those plans
you made. Refer to the discussion in this module.
Imagine that you are about to establish your own company. Create a plan for your
company following the planning process discussed in this module.
1. If the strategic goal of your organization is the improvement of its profitability, what
routine tasks could be included in your operational planning? Name some of these
tasks.
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2. Describe present day organizational planning. Is it rigid or flexible? Explain your answer.
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References:
Payos, R., Espinosa, E., Zorilla, O. (2016). Organization and Management First Edition.
Manila, Philippines. REX Book Store.