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Evaluating Management Planning Effectiveness

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Management Planning

1) Evaluating the planning function of management.
2) The impact that legal issues, ethics, and corporate social responsibility have had on management planning at a chosen company and an example for each.
3) Factors that influence the company's strategic, tactical, operational, and contingency planning.

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Solution Summary

Some criteria in evaluating management planning effectiveness were provided. A discussion of the impact of legal, ethical, and corporate social responsibility concerns on management planning was also made.

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1. Evaluating the planning function of management

Planning is one of the primary functions of a manager. It involves formulation of goals and objectives and determining in advance, future strategies that should be implemented to achieve predetermined goals and objectives. The manager's performance in this function can be evaluated in terms of the effectiveness of the plans in:

a) providing direction for the company's operations,
b) serving as tools in determining factors of production requirements,
c) being used as control measures,
d) being used as instruments in identifying redundancy of operations,
e) reducing unnecessary costs, and
f) ensuring cost-effective operations.

Ineffectiveness in any of the above aspects manifests a weakness of the manager in the performance of the planning function.

2. Impact of ...

Solution provided by:
Elisa Valdez, PhD
Education
  • Bachelor of Science in Business Administration, University of the Philippines
  • Master in Business Administration, Saint Mary's University
  • Doctor of Philosophy in Education, University of the Philippines
  • Doctor in Business Adminstration (IP), Polytechnic University of the Philippines
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