104 Outcome: Planning

What you’ll learn to do: identify the types of planning managers engage in and how these relate to the achievement of organizational goals

Photo of a chalkboard: The words "ALWAYS REMEMBER TO PLAN AHEAD" are written from left to right in white letters. The final letter "D" in the word "AHEAD" doesn't fit on the line and is squeezed in slightly below and to the right of the "AHEA."

In this module we will explore not just the importance of planning, but the different types of planning and plans that managers are responsible for within the organization. Many of the managers’ planning activities are established during the early stages of an organization through its business plan. The business plan provides the foundation for planning activities, but as the business grows and develops it’s the manager’s responsibility to adapt and take the plans to the next level.  A business without solid strategic, operational, and contingency plans will have a hard time meeting its organizational goals—unless it intends to survive by luck alone.

In this section we’ll see what effective planning looks like from the manager’s perspective.

LEARNING ACTIVITIES

The learning activities for this section include:

  • Reading: Planning
  • Self Check: Planning

Take time to review and reflect on this activity in order to improve your performance on the assessment for this section.

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Introduction to Business Copyright © by Lumen Learning is licensed under a Creative Commons Attribution 4.0 International License, except where otherwise noted.

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