The Process of Planning Changes and Evolves Over Time, Just

question 155

Essay

The process of planning changes and evolves over time, just like all aspects of effective management. Think of an organization with which you are fairly familiar, such as your employer or your college or university. Then choose one of the four planning approaches listed below, and write a short essay explaining how the organization could effectively use the chosen planning approach to improve its performance in a turbulent environment.
•Decentralized planning
•Stretch goals
•Performance dashboards
•Flexible goal setting

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Definitions:

Security Interest

A legal claim or lien on collateral that secures the fulfillment of an obligation, often used in lending to ensure repayment.

Manufacturer

A company or individual that produces finished goods from raw materials in large quantities using tools, machinery, and labor.

Restaurant

A business establishment where meals or refreshments may be purchased by consumers.

Consumer Goods

Items that are purchased for personal or household use, rather than for manufacturing or resale purposes.