170 likes | 178 Views
Chapter 3. Planning and Goal Setting. Chapter outcomes. Define productivity. Describe how plans should link from the top to the bottom of the organization. Identify what is meant by the terms benchmarking, ISO 9000 series , and six sigma. Contrast policies and rules.
E N D
Chapter 3 Planning and Goal Setting
Chapter outcomes Define productivity. Describe how plans should link from the top to the bottom of the organization. Identify what is meant by the terms benchmarking, ISO 9000 series,and six sigma. Contrast policies and rules. Describe the Gantt chart. Explain the information needed to create a PERT chart. Describe the four ingredients common to goal-setting programs. Define entrepreneurship and explain how it affects supervision.
Planning defined Formal planning—specific goals are formulated, committed to writing, and made available to organizational members. Informal planning—Planned in the head, but not written down. There is little or no sharing of these plans with others.
Productivity Productivity = Output / Labor + Capital + Materials
EXHIBIT 3–1 Industries in which the United States is a major producer in the world market.
Types of plans Strategic planning Tactical planning Short-term plan Intermediate-term plan Long-term plan Standing plan Single-use plan
Continuous-improvement programs Benchmarking ISO 9000 Series Six Sigma
Standing plans A plan that can be used over and over again by managers faced with recurring activities Policies Procedure Rule
Single-use plan Plan designed for a specific activity or time period Programs Budgets Schedules Examples Exhibit 3–4 budget Exhibit 3–5 schedule
EXHIBIT 3–4 Department expense budget.
EXHIBIT 3–5 A sample Gantt chart.
Developing a PERT chart Identify every significant activity that must be achieved for a project to be completed. Determine the order in which these events must be completed. Diagram the flow of activities from start to finish Compute a time estimate. Determine a start and finish date for each activity and the entire project.
EXHIBIT 3–7 PERT chart for the furnace modernization project.
EXHIBIT 3-8What may happen in traditional objective setting.
Goal setting A process where employees jointly determine specific performance goals with their supervisors. Key to effectiveness Goal specificity Participation Time limits Performance feedback I Dreamed a Dream
EXHIBIT 3–9Comparison of entrepreneurs and traditional supervisors.