Planning. Vision: Define basic function or task of an organization. Objective. Goals or end points / results that are to be achieved. Strategies. Direction in which resources are channelized to reach goals. Policies. Guide points of what to do and what not to do. Guide in decision making.
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Vision: Define basic function or task of an organization
Goals or end points / results that are to be achieved
Direction in which resources are channelized to reach goals
Guide points of what to do and what not to do. Guide in decision making.
Establish required method of handling future activities. E.g. Procedure for placing a purchase
Clearly spell out what action one should do and one should not
Designed to carry out course of action
A numberised program/ Statement of anticipated results.
Intentional structure of roles. Must be flexible.
Function – Product – Territory – Customer – Process - Sequence
Staffing and training
Selecting appropriate person and bringing best out of a person and retaining.
Reporting and delegation of authorities
Designing business portfolio
Collection of businesses and products