This website uses cookies to ensure you have the best experience. Learn more

Management Planning Essay

353 words - 2 pages

Planning in the business world is the same as anywhere else. In order to deliver the best possible scenario, or plan, there has to be a collective of data, a reviewing process, organization, as well as a decision making process. These steps relate directly to the planning process that is used in the business world today. For the business, this planning process has to start with a goal. Once the goal or goals are established the planning process can begin.
The planning process sets forth a strategy for a given amount of ...view middle of the document...

• Controlling their employees through controlling and managing change, and managing technology and innovation.
Many factors can influence the need of change to the management structure of a company. For a company like BP, there had to be a descent change when the company went through recent events. The oil spill caused legal issues, which lead to the company having to reevaluate their management strategy to take care of the issues. They had to come up with solutions that were both ethical and attainable through the company’s leadership. With the oil spill bringing on quite a bit of controversy, BP also had to try to make things right in the public eye through what they did managerially. Even though the oil spill was an accident, the staff had to come up with new policies to not only ensure that the spill would get cleaned up, but to also ensure that the workers would have different safety precautions as well as have a different plan of action to prevent another occurrence.
• Many legal issues and law suits against BP from fisherman and property owners.
• Staffing and quality control.
• New compliance and safety policy measures.

Other assignments on Management Planning

Strategic Planning Essay

4766 words - 20 pages IT STRATEGIC PLANNING “You’ve got to be very careful if you don’t know where you are going, because you might not get there.” Yogi Berra BACKGROUND Henry Mintzberg, former president of the Strategic Management Society, points out that “strategy can not be planned because planning is about analysis and strategy is about synthesis.” 1 Failure to recognize this basic distinction accounts for the frequent failure of such exercises, as does an

Manpower Planning Essay

965 words - 4 pages CASE STUDY: MANPOWER PLANNING AND VIRTUAL HUMAN RESOURCE MANAGEMENT Just a few years ago, computer technology offered a revolutionary change in human resource management. Organizations experimented with computerized skills inventories, pay and benefits administration and applicant tracking systems. Today, the revolution continues but is undergoing fundamental changes as computer technology and the Internet grow at unprecedented rates. Human

Succession Planning

500 words - 2 pages William J Rothwell, Putting Success into your succession planning May, 2002. This article identifies the factors and strategies that can assist an established or growing organization meet its continua yearn for skilled people at all levels of an organizational functions through succession planning. Succession planning is simply a process by which the management identifies the potential successors of different functions in the company, thereby

Sucession Planning

1290 words - 6 pages way of achieving the herculean task of developing inside-outsiders is through Succession Planning. What is Succession Planning? Simply put, succession planning is identifying and developing internal employees for critical roles in the organization. Successful organizations look at succession planning as an ongoing process and not a standalone event. It takes time to identify potential employees and to develop their competencies that can be

Tourism Planning

3884 words - 16 pages fact, it has been argued that local community participation or community-based tourism is the essence of ecotourism sustainability. Even the National Ecotourism Plan has acknowledged the participation of the local community for the development and sustainability of ecotourism. Since the local communities play an active role in the planning, development and management process. The benefits of ecotourism for local communities can be broadly

Personal Planning

712 words - 3 pages I have been dealing and working with personal planning all my life, as a child and even as a teenager I was making dreams and setting goals for life. On occasion these goals are far stretched and sometimes even fairy-tale like, we tend to see life through a rose-colored glass, not taking into account the many sidetracks life throws our way. I feel that at that stage in life our goals tend to be less focused and somewhat unreachable. However, the

The Importance Of Planning

554 words - 3 pages your product. Contingency planning is a systematic approach to identifying what can go wrong in a situation. Rather than hoping that everything will turn out OK or that "fate will be on your side", a planner should try to identify contingency events and be prepared with plans, strategies and approaches for avoiding, coping or even exploiting them. (Strategic Management Skills) For example, a restaurant's contingency plan might call for its

Call Center Planning Process

1031 words - 5 pages Call Center Planning Process Carrie "Shellie" Cobbs Health Care Management HCS 325 Karissa Stewart May 05, 2013 Call Center Planning Process The process in place for answering phone calls at Synergy Orthopedics needs additional resources to allow better customer service. The call volume has doubled in the year since the Physicians have started taking more ER, emergency room, call. The hold time for patients

Devry Materials Planning

811 words - 4 pages Chapter 12 Question 11: briefly describe MRP II and closed-loop MRP. MRP II did not replace or improve MRP. Rather, it expanded the scope of materials planning to include capacity requirements planning, and to involve other functional areas of the organization such as marketing and finance in the planning process. Production, marketing, and finance personnel work toward developing a master production schedule. Although manufacturing people

Financial Planning Manner

1344 words - 6 pages Course: Financial Planning Name: Le Khac Bao Duy - 201100335 1. Identify and define key financial words or concepts. 1. Real Estate Investment Trust (“REIT”): A security that sells like a stock on the major exchanges and invests in real estate directly, either through properties or mortgages. REITs receive special tax considerations and typically offer investors high yields, as well as a highly liquid method of investing in real estate

Strategic Planning At Apple Inc

1116 words - 5 pages STRATEGIC PLANNING AT APPLE INC. Review: One of the most demonstrated and an innovative firm in the world is Apple Inc. Apple Inc. is an American company which is a multinational corporation. The headquarter of Apple Inc. is located in Cupertino, California. This company has expertise in developing, designing and selling personal computers, and computer software and consumer electronics. Macintosh, the iPod, and the iPhone are the best-known

Similar Documents

Management Planning And Ethics Essay

1240 words - 5 pages Management Planning and Ethics Student __________ Axia College of University of Phoenix MGT 330 Management Theory, Practice and Application Instructor ________ Date _________ Management Planning and Ethics Only during the last few decades has planning become a widespread function of management. In the mid-1900s formal planning was only adopted by a few large corporations. Nowadays, aggressive and opportunistic entrepreneurs who

Management Planning And Control Essay

1410 words - 6 pages -industrial and fast-pace businesses. This reform in organizational structures has also exerted significant influence on the evolution of management control system (henceforth MCS). The development of the modern capitalism economy provides a rich experience base for discussing the concept of MCS and the methods of enabling the firm succeed in future. Management control can be understood as the complete package which steers the organization to its

Planning Essay

698 words - 3 pages and make best use of these sources during planning. | 3. | Obtain and consider the following for the most recent internal audit of the auditable unit and consider whether any of this material could be updated and re-used: * Previous work papers * Most recent report * Status of management action on all findings | No. | Step | Reference (e.g., to supporting documents) | Done by orN / A | 4. | Determine whether any work needs to be done

Strategic Planning Essay

729 words - 3 pages reasoned judgment and the nursing process. Nursing Forum,44(2), 72-78. Retrieved from: http://search.proquest.com/docview/190 Nardini, J. M. (2001). Strategic planning-a road map for the new millennium. Nephrology Nursing Journal, 28(2), 117. Retrieved from: http://search.proquest.com/docview/ 216524926?accountid=458. Thomas, A. M. (1993). Strategic planning: A practical approach. Nursing Management, 24(2), 34. Retrieved from http://search.proquest.com/docview/231407793?accountid=458