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Theory
Applications
 MBO
•Management By Objectives
TMQ
•Total Quality Management
Policy Making
It is important to distinguish between
objectives and policy.
Objectives emphasize aims and are
stated as expectations while policies
emphasize rules and are stated as
instructions intended to facilitate
decision making.
Sources of Policy
Policies can be categorized
according to their source:
1. Originated policy
2. Appealed policy
3. Implied policy
4. Externally imposed policy
Effective Policy Development
Policies fall into two basic groups:
those that deal with the managerial
functions of planning, organizing,
staffing, directing, and controlling and
those that deal with the functions of
the enterprise, such as selection and
development of technology,
resources, finance, personnel, and
public relations.
Characteristics of good policies
would include them being:
1. Consistent
2. Flexible
3. Distinguished from rules and
procedures
4. Written
Implementing Policy
Policies are carried out or enforced by
procedures, rules and regulations.
Procedures are guides to action and
therefore are subordinate to policies.
Procedures are helpful in routine
decisions because they break down
the process into steps.
Decision Making
It is an important part of
management, one of the very basic
planning principles.
It is the selection from among
alternatives.
It is the core in planning.
It is a judgement and therefore a
choice between alternatives.
Steps in Decision Making
Group Decision Making
The approach to decision making
by groups is somewhat different from
individual decision making, primarily
because of group dynamics.
There are, in some cases, several
advantages to group decision making,
including:
1.Group judgement
2.Group authority
3.Communication
There are also distinct disadvantages
to the group approach.
1.Cost
2.Compromise
3.Indecision
4.Power
5.Authority
Factors in Making Decisions
1. Experience
2. Experimentation
3. Research and analysis
Conclusion
Preparing for the planning process is
an important aspect of sustaining an
organization’s viability.
It requires examining the factors in the
process, setting a proper environment
within the organization, and making
decisions based upon sound
guidelines.

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Planning (theory applications)

  • 2.  MBO •Management By Objectives TMQ •Total Quality Management
  • 3. Policy Making It is important to distinguish between objectives and policy. Objectives emphasize aims and are stated as expectations while policies emphasize rules and are stated as instructions intended to facilitate decision making.
  • 4. Sources of Policy Policies can be categorized according to their source: 1. Originated policy 2. Appealed policy 3. Implied policy 4. Externally imposed policy
  • 5. Effective Policy Development Policies fall into two basic groups: those that deal with the managerial functions of planning, organizing, staffing, directing, and controlling and those that deal with the functions of the enterprise, such as selection and development of technology, resources, finance, personnel, and public relations.
  • 6. Characteristics of good policies would include them being: 1. Consistent 2. Flexible 3. Distinguished from rules and procedures 4. Written
  • 7. Implementing Policy Policies are carried out or enforced by procedures, rules and regulations. Procedures are guides to action and therefore are subordinate to policies. Procedures are helpful in routine decisions because they break down the process into steps.
  • 8. Decision Making It is an important part of management, one of the very basic planning principles. It is the selection from among alternatives. It is the core in planning. It is a judgement and therefore a choice between alternatives.
  • 10. Group Decision Making The approach to decision making by groups is somewhat different from individual decision making, primarily because of group dynamics. There are, in some cases, several advantages to group decision making, including:
  • 12. There are also distinct disadvantages to the group approach. 1.Cost 2.Compromise 3.Indecision 4.Power 5.Authority
  • 13. Factors in Making Decisions 1. Experience 2. Experimentation 3. Research and analysis
  • 14. Conclusion Preparing for the planning process is an important aspect of sustaining an organization’s viability. It requires examining the factors in the process, setting a proper environment within the organization, and making decisions based upon sound guidelines.