by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
[cite] Back to: Business Management What are the categories or types of goals? There are generally 3 types of organizational goals that generally align with the organizational level at which they are created: Strategic Goals – Strategic goals are generally...
by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
[cite] Back to: Business Management What are SMART Goals and Objectives? SMART is a method used in various industries as an organizational framework. Applying the individual elements of this framework is an effective method of developing goals and objectives. SMART is...
by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
[cite] Back to: Business Management What are the Goals and Objectives of an Organization? Goals are the desired outcomes of the businesss activities. Objectives tend to be precise, measured actions, with time for completion. Generally, obtaining a goal will require...
by TheBusinessProfessor | Feb 23, 2025 | Strategy, Entrepreneurship, & Innovation
[cite] Back to: Business Management What is a Values Statement? In addition to the mission and vision statements, companies will frequently create a values statement. This statement seeks to reinforce the core operating values of the company. Values statements are...
by TheBusinessProfessor | Feb 23, 2025 | Strategy, Entrepreneurship, & Innovation
[cite] Back to: Business Management What is a Mission Statement? A mission statement tells what a business does, how it does it, and from whom. It can be thought of as the organization’s raison d’tre or reason for existing. In summary, it is a strategy...
by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
[cite] Back to: Business Management What Contingency Factors affect the Planning Process? There are numerous Contingency Factors associated with planning. Organizational Level – Most organizations are hierarchical to some extent. In terms of planning, Higher...
by TheBusinessProfessor | Feb 23, 2025 | Research, Quantitative Analysis, & Decision Science
[cite] Back to: RESEARCH, ANALYSIS, & DECISION SCIENCE What is Environmental Scanning? Environmental scanning is done to identify potential environmental uncertainty. More specifically, it concerns scanning the immediate environment for environmental contingencies...
by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
[cite] Back to: Business Management What are the various different types of Management Planning? Managerial plans can generally be divided into 4 categories. Each of these is discussed below. What is Strategic Planning? A strategy is an orientation or manner for...
by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
[cite] Back to: Business Management What is Managerial Planning Process? Managerial Planning is a multi-step process that managers undertake as a core function. Some would argue that planning is the most important function, as it provides direction and provides...
by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
[cite] Back to: Business Management What are Learning Organizations? The concept of a Learning Organization was proposed by professor David Garvin in his article Building an Organization (1993). Marvin defined a learning organization as an organization skilled at...
