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Anglicky v odbornch pedmtech"Support of teaching technical subjects in EnglishTutorial: Business Academy

Topic: Planning

Prepared by: Ing. Adla Hrabcov

Projekt Anglicky v odbornch pedmtech, CZ.1.07/1.3.09/04.0002je spolufinancovn Evropskm socilnm fondem a sttnm rozpotem esk republiky.

Planning managerial functionPlanning is an essential 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 plan that expresses the way how to achieve the desired goal.

2planningStrategicTacticalOperative

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.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.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.

PLAnningLong-termMedium-termShort-term

over 5 years

Long-term planning is considered for a time period over 5 years - strategic planning.

1 5 years

Medium-term planning is considered for a time period of 5 years tactical planning.up to 1 year

Short-term planning concerns the plans in a time period of 1 year operational planning.

Each plan should give answers to following questions:

pecificeasurablegreed ealistic imely S.M.A.R.T rule

is 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:

General aim Specific aim

Create an The following year to increaseadequate profit profitability of equity by 5%

Increase productivity Through quality supervisionof the production to reduce a waste rate indepartment productionAchieve a higher level The following monthof managers to organize a lecture for managers on.. Goals general vs. specific

Goal conflictBusiness owners may be aimed at immediate profit, sale of shares or merge with another company - but this does not have to be acceptable for managersManagers goal is to obtain the highest rewards for themselves it may not be acceptable for trade unions and company ownersEmployees (trade unions) aim to get the highest wages. On the contrary, managers or owners want to reduce the costs = to pay as low wages as possible

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 determined and goals are regularly monitored. This method is successfully used to monitor skilled and motivated employers that perform their work independently and initiatively.Management by objectives - MBO

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 profitincrease productivityreduce waste rateincrease qualification of workersproduct promotion

What does MBO mean?Way of inventory controlManagement by objectivesEmployees transfer on a higher position

The aim of planning is:Determine long-term goalsDetermine the way how to make profitDetermine the goals and ways to achieve them

The short-term plan is for example:Weekly production planCompanys visionMonthly plan shiftsChoose a correct answer:

VEBER, J., et al. Management: zklady, modern manaersk pstupy, vkonnost a prosperita. Praha: Management Press, 2009. ISBN 978-80-7261-200-0.

VEBER, Jaromr, DDINA, Ji, HRZOV, Helena, KOEN, Vclav, MAL, Milan, SRPOV, Jitka. Pklady z managementu a jejich een. 1. vyd. Praha : Fortuna, 1998. ISBN 80-7168-576-3.

ZLMAL, Jaroslav, BAK, Petr, BELLOV, Jana. Zklady managementu. 1. vyd. Kralice na Han: Computer Media, 2011. ISBN 978-80-7402-083-4.

AJDLEROV, I., KONEN, M.: Zklady managementu . Uebn texty, Ostrava: VB-TUO, 2007. ISBN 978-80-248-1520-6.

Bibliography: