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Welcome to PlanningSkills.COM

This website focuses on a wide variety of topics related to organization and individual planning situations. The primary focus is business planning.

Planning is an anticipatory decision making process that involves situation analysis, forecasting outcomes and events, evaluating alternative courses of action, anticipating consequences and considering implementation issues and contingencies. Planning often begins with asking one or more questions, for example: What if ...? Could we ...? Do we ...? Is it possible...? How should we respond ...? How can we ...? Is it feasible to ...?

In general, planning is a proactive process that is intended to help individuals, groups and organizations achieve performance objectives.



Featured Glossary Term

Market Development Strategy

A market development strategy involves selling present products or services in new markets. Managers take actions like targeting promotions, opening sales offices and creating alliances to operationalize a market development strategy.


Featured Planning Tip

Implement a Management Control System

A Management Control System is tool, technique or process, either manual or computerized, that enhance the likelihood that established objectives, goals, targets and standards will be achieved.

In general, operational control is the process of comparing actual performance with planned performance, analyzing the differences, and taking the appropriate corrective action.

Anthony and Govindarajan (2007) define Management Control as the process by which managers influence other members of the organization to implement the organizationís strategies. Management control systems are tools to aid management for steering an organization toward its strategic objectives and competitive advantage. Management controls are only one of the tools which managers use in implementing desired strategies. However strategies get implemented through management controls, organizational structure, human resources management and culture.



Anthony, R. and V. Govindarajan, Management Control Systems, Chicago, McGraw-Hill Irwin, 2007.




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Copyright © 2004-12 by D. J. Power (see his home page). PlanningSkills.COMsm is maintained by Alexander P. and Daniel J. Power. Please contact them at djpower1950@gmail.com with questions. See disclaimer and privacy statement. This page was last modified on Monday, July 30, 2012.
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