Why and how do managers plan? What types of plans do managers use? What are the useful planning tools and techniques? How can plans be well implemented? | PowerPoint Presentation to Accompany Management, 10/e John R. Schermerhorn, Jr. Prepared by: Jim LoPresti University of Colorado, Boulder Published by: John Wiley & Sons, Inc. Chapter 7: Fundamentals of Planning Management 10/e - Chapter7 Planning Ahead — Chapter 7 Study Questions Why and how do managers plan? What types of plans do managers use? What are the useful planning tools and techniques? How can plans be well implemented? Management 10/e - Chapter7 Study Question 1: Why and how do managers plan? Planning The process of setting objectives and determining how to best accomplish them. Objectives Identify the specific results or desired outcomes that one intends to achieve. Plan A statement of action steps to be taken in order to accomplish the objectives. Management 10/e - Chapter7 Study Question 1: Why and how do managers plan? Steps in the planning process: Define your objectives. Determine where you stand vis-à-vis objectives. Develop premises . | PowerPoint Presentation to Accompany Management, 10/e John R. Schermerhorn, Jr. Prepared by: Jim LoPresti University of Colorado, Boulder Published by: John Wiley & Sons, Inc. Chapter 7: Fundamentals of Planning Management 10/e - Chapter7 Planning Ahead — Chapter 7 Study Questions Why and how do managers plan? What types of plans do managers use? What are the useful planning tools and techniques? How can plans be well implemented? Management 10/e - Chapter7 Study Question 1: Why and how do managers plan? Planning The process of setting objectives and determining how to best accomplish them. Objectives Identify the specific results or desired outcomes that one intends to achieve. Plan A statement of action steps to be taken in order to accomplish the objectives. Management 10/e - Chapter7 Study Question 1: Why and how do managers plan? Steps in the planning process: Define your objectives. Determine where you stand vis-à-vis objectives. Develop premises regarding future conditions. Analyze and choose among action alternatives. Implement the plan and evaluate results. Management 10/e - Chapter7 Figure The roles of planning and controlling in the management process. Management 10/e - Chapter7 Study Question 1: Why and how do managers plan? Benefits of planning: Improves focus and flexibility. Improves action orientation. Improves coordination. Improves time management. Improves control. Management 10/e - Chapter7 Study Question 1: Why and how do managers plan? Personal Time Management Tips: DO say “no” to requests that distract from what you should be doing. DON’T get bogged down in details that can be addressed later. DO screen telephone calls, emails, and meeting requests. Management 10/e - Chapter7 Study Question 1: Why and how do managers plan? Personal Time Management Tips: DON’T let drop-in visitors instant messaging use up your time DO prioritize your important and urgent work DON’T become calendar bound by .