Strategic Planning For The Future Of A Company - 1261 Words

Management can best be defined as the process of achieving a goal effectively and efficiently through the delegation of people and resources. The major criteria that managers must employ to attain these goals are planning, organizing, staffing, leading, and controlling. By far, the most essential of these functions remains planning. Planning is the process of deciding what objectives to pursue in the future, and how those objectives will be attained. Planning plays an integral role in the long-term future of a company. If managers did not plan ahead, the organizing, staffing, leading and controlling elements would be unnecessary, because the company would have no goals to reach. Planning consists of translating an organization’s mission into reasonable objectives. The organizations purpose is first expressed as the mission statement. Then using this mission, the strategic planning begins, followed by tactical and operational planning respectively. These derived goals need to be SMART –specific, measurable, attainable, results-oriented, and have target dates. Strategic planning involves only the top-level managers, tactical planning involves only the middle managers, and the operational planning involves first-line mangers. Planning is a process that should engage people of all levels of management. Actively involving everyone will bring in a wealth of ideas, providing more options to chose from. Keeping the team engaged will build a sense of camaraderie making everyone feelShow MoreRelatedPlanning And Strategic Decision Making1606 Words   |  7 PagesPlanning and strategic decision making should be integrated within the management of corporat ions in today’s society of technological advancement. With the changes in the global marketplace and increased competition from expanding third-world economies, companies are having to rethink their competitive strategies. Therefore, the incorporation and development of strategic plans are vital in companies for future success. As engineering companies realize an ongoing need for self-reflection and assessmentRead MoreImportance Of Strategic Planning Essay1196 Words   |  5 PagesImportance of Strategic Planning Strategic planning has a focus on stabilizing the current environment, and it also support the organizations business plans and goals. Strategic planning helps to implement new projects, new technology, consolidation of data centers, data warehouses, exponential data growth, cost of ownership, and resources available in an organization to assess the future requirements. Strategic planning analyzes the business plan, potential blockage or other issues in the currentRead MoreFin 370 Week2 Team Assignment Starbucks Essay1056 Words   |  5 PagesSTARBUCKS PLANNING 1 To understand the relationship between strategic and financial planning we first need to determine both of their meanings. The definition of strategic planning states that it is a â€Å"systematic process of envisioning a desired future, and translating this vision into broadly defined goals or objectives and a sequence of steps to achieve them.† Strategic planning is a management tool that helps an organization focuses its energy, to ensure that members ofRead MoreImportance of Strategic Planning1247 Words   |  5 PagesImportance of Strategic Planning Strategic planning has a focus on stabilizing the current environment, and it also support the organization s business plans and goals. Strategic planning helps to implement new projects, new technology, consolidation of data centers, data warehouses, exponential data growth, cost of ownership, and resources available in an organization to assess the future requirements. Strategic planning analyzes the business plan, potential blockage or other issues in the currentRead MoreStrategic Planning Within Ge927 Words   |  4 PagesThe strategic planning process is the formulation of the company’s major objectives and execution plans. This process is of particular interest in GE. Strategy formulation is the process of choosing the best methods for a company where customer needs; competitive position and internal capability are the three factors that play the main role in strategic planning. Every manager needs to have at least a simple notion of strategic planning to formulate his strategic plans. Strategic Planning is a wideRead MoreThe Benefits and Limitations of Strategic Planning for Organizations1722 Words   |  7 PagesThe Benefits and Limitations of Strategic Planning for Organizations It was August of 1914 and Germany had committed virtually its entire army to the invasion of Belgium and France. Few German troops remained to defend East Prussia against the invasion of two huge Russian armies. Despite the numerical inferiority, Colonel Hoffmann, chief of the German Eighth Army staff, created an audacious strategy to surround and annihilate one of the Russian armies. He began to planRead MoreDisney Strategic Initiative Paper1214 Words   |  5 PagesDisney Strategic Initiative Paper Tammy Adams, Kecia Darnell, Chelsea Hensley, Elizabeth Munns, and Zameika Williams University of Phoenix FIN 370 Professor Stephen Beadnell October 18, 2010 Strategic Initiative Paper Introduction This paper will address the strategic and financial planning associated with the operations of Disney. In addition, the paper will show the correlation between strategic and financial planning. The impact of the organization’s initiative costs, sales, and associatedRead MoreThe Success Of Robert Bradford1513 Words   |  7 Pagesthe Center for Simplified Strategic Planning. In his current role, Robert has successfully facilitated strategic planning for businesses ranging from insurance companies to environmental services firms. Peter Duncan earned a Bachelor of Arts in Physics from Middlebury College as well as a Masters of Business Administration from the Amos Tuck School of Business Administration. Mr. Duncan also began his career in the field of technology working for several small companies. In 1984, he was a memberRead MoreStrategic Management For Competitive Advantage1132 Words   |  5 Pages Strategic Management for Competitive Advantage Framework The article mainly talks about strategic management employed by organizations to meet their strategic objectives and hence achieve organizational mission. This will enable the firm to establish a competitive advantage (Gluck, Kaufman, Walleck, 1980). A competitive advantage is when a company can provide better services or offer equally better products than other organizations. The input of the customer and the competitive landscape mustRead MoreStrategic Plan Overview1037 Words   |  5 PagesPhoenix Material Strategic Human Resource Management (HRM) Plan Overview Strategic Planning Purpose Strategic planning is a necessary process to ensure an organization understands its future, and emerging operational environment and issues. Strategic planning also develops measurable plans, processes, and procedures to prepare for that environment and the future. Context Strategic planning examines all business aspects and is more than envisioning the future, because it requires

Richard The Third, Transitions - 1300 Words

How the character of Richard the third, transitions to other stories character’s As we had seen, in the play of Richard the third how Richard is treated throughout the play either by alliances or foes we see the many reasons why that they seem to effect Richard. Either in his rule or treatment of others, the treatment from himself and the treatment he receives from other, and how he acts towards himself and others for his wants and needs. Throughout the play, Richard had always found ways to get rid of those in his way and manipulate due to not only power but for revenge. From the very begging in Richard’s speech he speaks about his deformities, mistreatment from his family and others, and his poor sufferings. In His speech in act 1 scene 1 he said (Shakespeare, William. Richard the Third. â€Å"Why, I, in this weak piping time of peace, have no delight to pass away the time, unless to see my shadow in the sun and descant on mine own deformity.†) Here in this sta tement we see how Richard starts to plan his attack on those around him not only in the play we see this, also countless other things. Like in such stories like The Hungry Artist and The Old Man with Enormous Wings the reader is given a sort of feeling of sympathy for the man characters as they are often mistreated and jeered at, at the most part don’t really have a choice to be the way that they are (except for the story of The Hungry Artist, although it was a way of â€Å"living†), and how the characters find ways toShow MoreRelatedThe And Of The United States Resolution Agreement And Release1145 Words   |  5 PagesWhereas, the parties to this resolution agreement and release (â€Å"Agreement†) are Nikki Anne Richard (hereafter referred to as â€Å"Mrs. Richard† or â€Å"Guardian†) and Donald Jones (hereafter referred to as â€Å"Mr. Jones† or â€Å"Parent†), individually and on behalf of student, G’onna Jones (hereafter referred to as â€Å"G’onna† or â€Å"Student†) and the Beaumont Independent School District (hereafter referred to as BISD or District) (collectively referred to as â€Å"Parties†); Whereas, certain disputes exist concerningRead MoreRichard Wright s Impact On Society1375 Words   |  6 PagesUndoubtedly, Richard Wright was a patient who was anything but stagnant. 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Secondly, I will talk about why Americans have every right to live in fear, and finally I will tell you how to prevent the spread of this deadly disease. **1st Transition**Now that I have outlined my discussion, lets discuss how Ebola was discovered. BODY FIRST POINT: Ebola first appeared in Central Africa in 1976. In this first outbreak, 280 of 318 people who contracted Ebola, died. Thats an 88% fatality rateRead MoreAnnalee Ferguson. Dr. Wolfe. Dc American History. 30 March1268 Words   |  6 PagesLynch King, Jr., became a stellar football player, friend, and student (Green). Though law was always in his wheelhouse, graduating in the top third of his class at Yale’s Law School, Ford never intended on being in a position higher than Speaker of the House, which he strived so hard for. (Friedel and Sidey). He was selected to be the Vice-President to Richard Nixon by senior Congressional leaders after Nixon’s vice resigned (Green). 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Effect of Caffeine on Heart Rate in Daphnia free essay sample

At high levels of consumption caffeine has been linked to restlessness, insomnia and anxiety, causing raised stress and blood pressure. This can lead to eart and circulation problems. Hypothesis: Daphnia subjected to a caffeine solution will show a rise in heart rate as caffeine is a stimulant that speeds up the body affecting the nervous system and rate in which the nerve pulses are sent and received in humans. (Caffeine increases the heart rate of Daphnia. ) Null Hypothesis: There is no significant difference between the heart rate of Daphnia in distilled water compared to that in caffeine. Safety: Handle cavity slide carefully to prevent breakage. Ethics for the Daphnia: 1. Every possible attempt to keep Daphnia alive. 2. Use low concentration of caffeine so not to harm the Daphnia. 3. Place the Daphnia in the presence of pond water instead of distilled water. 4. Use the same Daphnia throughout the whole experiment and handle it with care. We will write a custom essay sample on Effect of Caffeine on Heart Rate in Daphnia or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page 5. Turn off the microscope light between observations to prevent the Daphnia from overheating while on the microscope. Materials: Culture of Daphnia (water fleas), cavity slides, dropping pipettes, distilled water or pond water, 0. 5% of caffeine solution, stopwatch, paper towels, microscope. Independent variables: Type of treatment- distilled water/ pond water and 0. % caffeine solution. Dependent variables: Number of heart beat per 20s Other variables: 1. Size of daphnia 2. Volume and concentration of caffeine 3. The time of Daphnia being immersed in the caffeine solution 4. Surrounding temperature 1. Have ready the 0. 5% of caffeine solution, the Daphnia culture, a stopwatch, cavity slides, pipettes and other materials. 2. Catch a daphnia with the pipette and place into well on a deep well cavity slide. 3. Use the microscope to get the daphnia in focus. If the Daphnia isnt too large, use a cover slip to hold it in place. . Add two or three drops of the 0. 5% of caffeine solution. Leave the Daphnia immersed in the 0. 5% caffeine solution for 1 minute before removing the excess of the caffeine solution by using a pipette. 5. Using your stopwatch, count how many times the Daphnias heart beats in 20 seconds. Each heartbeat is recorded by tapping a pencil on a piece of paper and counting up the pencil marks after the specified time. 6. Repeat Step 5 for 2 times and record heart rates. Find the average heart rate of Daphnia with a 0. 5% caffeine solution. 7. Repeat all the above steps for the control (pond water). Results: Table Treatment Heart beat rate/beat per 20s Mean heart rate / beat per 20s beat per min repeat 2nd repeat 3rd repeat Distilled water/ pond water 94. 00 95. 00 96. 00 95. 00 285. 00 Mean heart rate / 0. 5% caffeine solution 110. 00 100. 00 100. 00 103. 33 310. 00 Graph: Discussion: 1 . It is considered ethical to use invertebrates such as daphnia rather than large organisms e. g. monkey or human in scientific studies. Daphnia has reduced awareness of pain because of the lack of a well developed nervous system. It is transparent and its heart is visible without the need for dissection. Daphnia is abundant in nature and there is no threat to it or its dependent species (food chains). Some people also feel that it is bred for fish food and will thus die anyway. Daphnia can reproduce asexually and may be clones, therefore there is no loss of genetic variation. At the other extreme, some research on animals involves suffering or loss of life. Animals that are kept in confinement on University premises are normally species that have been bred for many generations in captivity e. g. mice,