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Anglicky v odborných předmětech "Support of teaching technical subjects in English “. Tutorial: Business Academy Topic: Planning Prepared by : Ing . Adéla Hrabcová. Projekt Anglicky v odborných předmětech, CZ.1.07/1.3.09/04.0002
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Anglicky v odborných předmětech"Support ofteachingtechnicalsubjects in English“ Tutorial: Business Academy Topic: Planning Prepared by: Ing. AdélaHrabcová Projekt Anglicky v odborných předmětech, CZ.1.07/1.3.09/04.0002 je spolufinancován Evropským sociálním fondem a státním rozpočtem České republiky.
Planning is anessential managerial function; on its basis another functions are dependent. Planning means setting future goals and means to achieve them. Objective – expresses a state that should be achieved in the future. The result of planning is a planthat expresses the way how to achieve the desired goal. Planning – managerial function
planning Strategic Operative Tactical Strategic plans formulate the main goals of the company. They determine its strategy or direction. It is a long-term planning that determines future development of the company. Long-term planning is a task of the top management. Operative plans reflect actual situation. They are based on tactical plans. These plans are considered as short-term plans – daily, weekly, monthly. They are created by middle and operational management. Tactical plans specify tasks arising from strategic plans. They are created for a shorter time period. This type of planning is ensured by middle management.
PLAnning Long-term Short-term over 5 years Long-term planning is considered for a time period over 5 years - strategic planning. Medium-term up to 1 year Short-term planning concerns the plans in a time period of 1 year – operational planning. 1 – 5 years Medium-term planning is considered for a time period of 5 years – tactical planning.
S.M.A.R.T ruleis used when setting the objectives. The name SMART is an acronym made up of initial letters of English terms that define the requirements for properly set goals: pecific easurable greed ealistic imely
Goals general vs. specific General aimSpecific aim Create an The following year to increase adequate profit profitability of equity by 5% Increase productivity Through quality supervision of the production to reduce a waste rate in departmentproduction Achieve a higher level The following month of managers to organize a lecture for managers on…..
Goal conflict Employees (trade unions) aim to get the highest wages. On the contrary, managers or owners want to reducethe costs = to pay as low wages as possible Managers‘ goal is to obtain the highest rewardsfor themselves – it may not be acceptable for trade unions and company owners Business owners may be aimed at immediate profit, sale of shares or merge with another company - but this does not have to be acceptable for managers
Management by objectives - MBO The author of this control method is Peter Drucker. It includes goal determination by top management, determination of managers who are responsible for meeting the goals and then gradual development of objectives for line managers and other workers. The personal responsibility for tasks and methods of evaluation are determinedand goals are regularly monitored. This method is successfully used to monitor skilled and motivated employers that perform their work independently and initiatively.
General steps for drawing up the plan: • specify business plans • secure information for plan creation • prepare a proposed plan • introduce the proposed plan • wait for an opinion on the proposed plan • modify the proposed plan • approve the proposed plan • issue the final form of the plan
QUESTIONS • What does the letter ‚M‘ in the SMART method mean? • What does the letter ‚T‘ in the SMART method mean? • Try to modify the general objectives to meet the SMART method • increase profit • increase productivity • reduce waste rate • increase qualification of workers • product promotion
Choose a correctanswer: What does MBO mean? • Way of inventory control • Management by objectives • Employee‘s transfer on a higher position The aim of planning is: • Determine long-term goals • Determine the way how to make profit • Determine the goals and ways to achieve them The short-term plan is for example: • Weekly production plan • Company‘s vision • Monthly plan shifts
Bibliography: • VEBER, J., etal. Management: základy, moderní manažerské přístupy, výkonnost a prosperita. Praha: Management Press, 2009. ISBN 978-80-7261-200-0. • VEBER, Jaromír, DĚDINA, Jiří, HRŮZOVÁ, Helena, KOŘENÁŘ, Václav, MALÝ, Milan, SRPOVÁ, Jitka. Příklady z managementu a jejich řešení. 1. vyd. Praha : Fortuna, 1998. ISBN 80-7168-576-3. • ZLÁMAL, Jaroslav, BAČÍK, Petr, BELLOVÁ, Jana. Základy managementu. 1. vyd. Kralice na Hané: Computer Media, 2011. ISBN 978-80-7402-083-4. • ŠAJDLEROVÁ, I., KONEČNÝ, M.: Základy managementu . Učební texty, Ostrava: VŠB-TUO, 2007. ISBN 978-80-248-1520-6.