Tag Archives | Management

Difference between Organisational Goals and Individual Goals

This article will help you to learn about the difference between organizational goals and individual goals. Difference between Organisational Goals and Individual Goals The hierarchy of objectives makes clear distinction between individual and organisational goals. Organisational goals are framed for different levels of the organisation and individual goals represent the goals of people working in the organisation. Managers at different [...]

By |2023-02-19T23:59:30+05:30August 9, 2016|Difference Between|Comments Off on Difference between Organisational Goals and Individual Goals
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Classification of Plans in An Organisation : 4 Classes

After reading this article you will learn about the classification of plans. Class # 1. Classification on the Basis of Levels in the Organisation: Similar to objectives, plans are made for different organisational levels. Plans classified on this basis are discussed below: 1. Strategic Plans: Strategic plans are made to achieve the overall organisational goals. They achieve strategic goals through [...]

By |2016-08-09T07:56:16+05:30August 9, 2016|Planning|Comments Off on Classification of Plans in An Organisation : 4 Classes
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Process of Strategic Planning: 8 Steps

This article throws light upon the eight main steps involved in the process of strategic planning. The steps are: 1. Objective Formulation 2. Analyse the Impact of Environment 3. Analyse Resource Position of the Firm 4. Establish Alternative Strategies 5. Evaluate Alternative Strategies 6. Choice of a Strategy 7. Implement the Strategy 8. Measurement and Control of Strategy. Step # [...]

By |2016-08-09T07:56:16+05:30August 9, 2016|Strategic Planning|Comments Off on Process of Strategic Planning: 8 Steps
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