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Business Administration & Management. Mr. Bernstein The Planning and Organizing Functions, pp 324-341 May 5, 2014. Business Administration & Management Mr. Bernstein. Four Functions of Managment Planning Organizing Implementing Controlling.

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business administration management

Business Administration & Management

Mr. Bernstein

The Planning and Organizing Functions, pp 324-341

May 5, 2014

business administration management mr bernstein
Business Administration & ManagementMr. Bernstein

Four Functions of Managment

Planning

Organizing

Implementing

Controlling

business administration management mr bernstein1
Business Administration & ManagementMr. Bernstein

Strategic Planning

SWOT analysis:

Strengths

Weaknesses

Opportunities

Threats

business administration management mr bernstein2
Business Administration & ManagementMr. Bernstein

Strategic Planning

SWOT 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)

business administration management mr bernstein3
Business Administration & ManagementMr. Bernstein

Planning Tools: Goals

Must be specific

Must be achievable

Must be clearly communicated

Must be consistent with other goals (and overall company goals)

What are your goals?

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Business Administration & ManagementMr. Bernstein

Planning Tools

Budgets

Schedules, or Timeframes

Standards, or Benchmarks

Policies and Procedures – must be met at all times

business administration management mr bernstein6
Business Administration & ManagementMr. Bernstein

Characteristics of a Good Organization

Responsibilities are clearly assigned

Everyone knows everyone’s role

Accountability

Everyone must accept their responsibilities

Unity of Command

Line and Staff, Matrix Reporting

Proper Span of Control

Centralization vs. Decentralization

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Business Administration & ManagementMr. Bernstein

Organization Chart for Matrix Organization