Management | Online Assignment
For an organization, develop a SWOT presentation following outline, 8 slides, 8 bullet points using Powerpoint. in APA format
With so many excellent posts thus far, I wanted to share some addition insights you may be able to use for those of you who have not yet posted to the discussion boards! This week we begin to evaluate the first of the management functions: planning (p in planning, organizing, leading, and controlling). Planning is the basic function of management that involves developing a course of action [either in the future or even in real time], then deciding in advance the most appropriate course of actions to achieve those pre-determined goals. According to a classic author in management, Koontz stated, “Planning is deciding in advance – what to do, when to do & how to do. It bridges the gap from where we are & where we want to be” (p. 23). Thus, planning is a systematic way of thinking with a key goal to accomplish pre-determined goals. Planning is necessary to ensure proper utilization of resources in a business environment. It is all pervasive, and also helps in avoiding confusion, uncertainties, risks, waste, and more. In all, here are some additional features of planning that may help you organize how you think about this in an organizational context … planning is …
- focused on achieving objectives
- a primary function of management
- pervasive and continuous
- part of the decision making process
- a cognitive, mental practice
As you work through the readings, I hope you can see how all of this “fits” together to highlight the value of planning in organizations, especially for promoting a culture of forward-thinking and helping organizations adapt to change.
As always, please feel free to reach out if you have any questions. I am very happy to support your efforts to be successful in this class. Thank you!
~Greg
Source: Yost, R. C., O’Rourke, P., & Koontz, H. (1964). Principles of management: An analysis of managerial functions. New York: McGraw-Hil
Google Scholar is another way to find journal articles online. Not every result will have the full text available, but many will. Go to http://scholar.google.com to start searching.
Robbins, S. P., & Coulter, M. (2018). Management. Pearson Education.
- Review the following chaptersto assist in this week’s discussion board and assignments:
- Chapter 7 – Managing Change and Disruptive Innovation
- Chapter 9 – Managing Strategy
Notes on SWOT Management:
SWOT stands for Strengths, Weaknesses, Opportunities, and Threats.
Strengths and weaknesses are internal to your company—things that you have some control over and can change. Examples include who is on your team, your patents and intellectual property, and your location.
Opportunities and threats are external—things that are going on outside your company, in the larger market. You can take advantage of opportunities and protect against threats, but you can’t change them. Examples include competitors, prices of raw materials, and customer shopping trends.
A SWOT analysis organizes your top strengths, weaknesses, opportunities, and threats into an organized list and is usually presented in a simple two-by-two grid. Go ahead and download our free template if you just want to dive right in and get started.
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