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Aug 20, 2024 · Proverbs 16:3 states, “Commit your work to the LORD, / and your plans will be established” (ESV). This wonderful verse speaks of our responsibility to serve God and the result of discharging our duty faithfully. The first verb, commit, is a word that, in Hebrew, literally means “to roll.” Other passages such as Genesis 29:3 and Psalm 22 ...
- Proverbs
While many questions can be asked and answered about the...
- Proverbs
Show your works to LORD JEHOVAH and he will establish your thoughts. Share your plans with the LORD, and you will succeed. Lay open thy works to the Lord: and thy thoughts shall be directed. Commit thy works unto the LORD, and thy thoughts shall be established.
- Proverbs 16:9 ESV / 349 helpful votes. The heart of man plans his way, but the Lord establishes his steps.
- Proverbs 16:3 ESV / 329 helpful votes. Commit your work to the Lord, and your plans will be established.
- Jeremiah 29:11 ESV / 253 helpful votes. For I know the plans I have for you, declares the Lord, plans for welfare and not for evil, to give you a future and a hope.
- Proverbs 19:21 ESV / 252 helpful votes. Many are the plans in the mind of a man, but it is the purpose of the Lord that will stand.
- Developing an Awareness of the Present State. According to management scholars Harold Koontz and Cyril O’Donnell, the first step in the planning process is awareness.13 It is at this step that managers build the foundation on which they will develop their plans.
- Establishing Outcome Statements. The second step in the planning process consists of deciding “where the organization is headed, or is going to end up.”
- Premising. In this step of the planning process, managers establish the premises, or assumptions, on which they will build their action statements.
- Determining a Course of Action (Action Statements) In this stage of the planning process, managers decide how to move from their current position toward their goal (or toward their domain).
- Long-Term and Short-Term Plans
- Operational Plans: Standing Plans and Single-Use Plans
- Policies, Procedures, and Regulations
- The Role of Budgets in The Planning Process
- Forecasting, Scenario Planning, and Contingency Planning
- Management by Objectives (MBO) and Smart Goals
- Benchmarking
- Key Points
When you decided to attend college, you had a long-term plan in mind. You would spend the next four or five years preparing to become a teacher, a businessperson, or perhaps an ecologist. Or, you may have committed two or three years to become a nurse, a medical technician, or an electrician. Your long-term goal was necessary to make sure that your...
An operational plan describes the specific goals and objectives and milestones set by an organization during a specific period. (Objectivesare specific tasks undertaken to meet broader goals. A goal may be to increase product sales by 3 percent; an objective may be to hire two additional sales agents.) It will allocate the tangible resources (labor...
As stated above, the most common examples of standing use plans are policies, procedures, and regulations. These plans are usually published and handed out to new hires or posted on the organization’s employee website for easy reference. 1. Policiesprovide broad guidelines for the smooth operation of the organization. They cover things like hiring ...
Refer back to Figure 1 and locate the box labeled “Budgets.” Notice that budgets are examples of single-use, short-term plans. An organization’s budget is a document that details the financial and physical resources allocated to a project or department. They are single-use plans because they are specific to a particular period or event. For example...
Forecastingis simply making a prediction about the future. Anyone can make a forecast—the trick is to be right or close enough so that important planning decisions can be based on the forecast. Some “botched” forecasts by business leaders follow: Scientific forecasting is using mathematical models, historical data, and statistical analysis to make ...
Management by objectives, or MBO for short, is a tool that can be used to improve the performance of an organization by creating clearly defined objectives agreed upon by management and by the employees. Peter Drucker, a prolific author and a leader in management theory, coined the phrase “management by objectives” in 1954. The intent of MBO is to ...
The last planning tool we’ll discuss in this section is benchmarking. You may think that your organization has an excellent long-term plan and effective short-term plans, but how do you really know? Even if your company is showing growth, is it growing as fast as your competitor? A benchmark is a standard used for comparison purposes. Benchmarkingi...
Planning tools are designed to help you determine goals, guide behaviors within the organization, and help you evaluate your performance against external benchmarks. Plans are essential, but good managers know to be flexible when conditions demand.
Planning process involves the setting up of business objectives and allocation of resources for achieving them. Planning determines the future course of action for utilising various resources in a best possible way. ADVERTISEMENTS: The steps involved in planning process are: 1. Being Aware of Opportunity 2.
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Procedure. The purpose of a procedure is to facilitate operations on a day-to-day basis once a plan has been implemented. Other key characteristics of a procedure include: It describes a process. It addresses the minutiae of who will carry out the plan, when and how it will be accomplished. It has a narrow application.
