mg tweek3

8
IE20403 Business Management Mohd Yuszren Yusak Menara 8A

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Page 1: Mg Tweek3

IE20403Business Management

Mohd Yuszren YusakMenara 8A

Page 2: Mg Tweek3

Get all related materials

http://www.slideshare.net/yuszren

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Exam movies to watch

• Internal Affairs 2 –DVD will be provided for personal view.

• The ‘CASINO’ Martin Sorcese’s film-staring Rober De Niro, Joe Pesci & Sharon Stone – will be provided.

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Week 3-Planning & Decision Making

• Planning• How to make plans that works• Planning from top to bottom• Steps & limits to Rational Decision Making• Groups to Improve Decision Making

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Planning

Choosing a goal and developing a strategy to achieve that goal

-goal-wiki- projected state of affairs that a person or a system plans or intends to achieve

Or a desired end-point (what you wanted to achieve)

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Benefits of Planning1. Greater effort are put forth2. Leads to persistence3. Clear direction4. Encourage task strategies-encourage to think

a better to accomplish the task5. Proven-

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Pitfalls of Planning

1. Impede change-prevent adaptation. Fail to see plan aren’t working

2. False sense of certainty-plans are based on assumption

3. Detachment of planners-planners need to know everything

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Make plan that Works

1. Set goals2. Develop commitment3. Develop effective action plans4. Track progress toward goal achievement5. Maintain flexibility