Business Management, 13e CHAPTER 4 Planning and Organizing 4.1 4.2 4.3 4.4 The Planning Function Using Planning Tools The Organizing Function Developing Effective Organizations ©2013 Cengage Learning. All Rights Reserved. Business Management, 13e 2 4.1 The Planning Function DLT ● Recognize the importance of planning to business success. ● Differentiate between strategic and operational planning. CHAPTER 4 ©2013 Cengage Learning. All Rights Reserved. Business Management, 13e 3 Why Plan? ● The value of a business plan ● The importance of planning CHAPTER 4 ©2013 Cengage Learning. All Rights Reserved. Business Management, 13e 4 Elements of a Business Plan ● Nature of the business ● Goals and objectives ● Marketing plan ● Financial plan ● Organizational plan CHAPTER 4 ©2013 Cengage Learning. All Rights Reserved. Business Management, 13e 5 Levels of Planning ● Strategic planning ● Operational planning CHAPTER 4 ©2013 Cengage Learning. All Rights Reserved. Business Management, 13e 6 4.2 Using Planning Tools DLT ● Identify the characteristics of effective goals. ● Describe several business planning tools and how they are used. CHAPTER 4 ©2013 Cengage Learning. All Rights Reserved. Business Management, 13e 7 Establishing Direction Goals ● Characteristics of effective goals ● Specific and meaningful ● Achievable ● Clearly communicated ● Consistent with each other and with overall company goals CHAPTER 4 ©2013 Cengage Learning. All Rights Reserved. Business Management, 13e 8 Planning Tools ● Budgets ● Schedules ● Standards ● Policies ● Procedures ● Research CHAPTER 4 ©2013 Cengage Learning. All Rights Reserved. Business Management, 13e 9 Procedure for Admitting Employees and Visitors CHAPTER 4 ©2013 Cengage Learning. All Rights Reserved. Business Management, 13e 10 4.3 The Organizing Function DLT ● Describe factors that managers should consider when organizing work. ● Discuss how the characteristics of good organization contribute to a more effective work environment. CHAPTER 4 ©2013 Cengage Learning. All Rights Reserved. Business Management, 13e 11 Organizing Work ● The role of organization charts ● The process of organizing work ● Division of work ● Facilities and working conditions ● Employees CHAPTER 4 ©2013 Cengage Learning. All Rights Reserved. Business Management, 13e 12 Organization Chart For Part of a Retail Business CHAPTER 4 ©2013 Cengage Learning. All Rights Reserved. Business Management, 13e 13 Organization Chart for Ingram Company CHAPTER 4 ©2013 Cengage Learning. All Rights Reserved. Business Management, 13e 14 Organization Chart for Ingram & Kerr CHAPTER 4 ©2013 Cengage Learning. All Rights Reserved. Business Management, 13e 15 Organization Chart for Ingram Kerr, Inc. CHAPTER 4 ©2013 Cengage Learning. All Rights Reserved. Business Management, 13e 16 Characteristics of Good Organization ● Responsibility and authority ● Accountability ● Unity of command ● Span of control CHAPTER 4 ©2013 Cengage Learning. All Rights Reserved. Business Management, 13e 17 4.4 Developing Effective Organizations DLT ● Describe the strengths and weaknesses of four types of organizational structures. ● Make recommendations for improving business organization. CHAPTER 4 ©2013 Cengage Learning. All Rights Reserved. Business Management, 13e 18 Types of Organizational Structures ● Line organization ● Line-and-staff organization ● Matrix organization ● Team organization CHAPTER 4 ©2013 Cengage Learning. All Rights Reserved. Business Management, 13e 19 Line Organization CHAPTER 4 ©2013 Cengage Learning. All Rights Reserved. Business Management, 13e 20 Line-and-Staff Organization CHAPTER 4 ©2013 Cengage Learning. All Rights Reserved. Business Management, 13e 21 Improving Business Organization ● Decentralized organization ● Flattened organization CHAPTER 4 ©2013 Cengage Learning. All Rights Reserved.