Today, many organizations and managers face new challenges everyday. One critical aspect of the challenges that managers lack in is within the planning stage. You have been asked by your manager to conduct a preliminary search of recommending the two most common types of contemporary planning techniques addressed in the textbook. Using the business article collections in the Library and other credible sources, respond to the following questions regarding the two techniques:
Compare and contrast these two techniques, with particular emphasis on the implications of these techniques for the manager and the organization.
Which technique better aligns to your workplace? Why?
Explain why the technique that would not work within your workplace.
What steps would you recommend your manager to take to plan in his/her decision making?
Defend your viewpoint with business article collections.
Two comments.
1) We have no idea what your text reference are, and what they say, and therefore have great difficulty suggesting to you a solution approach.
2) I read the first two sentences in the assignment. If your college instructor wrote that, heaven help you get an education. You wont get much assistance if effective writing or thinking from that person. Those sentences surely were written by a much lessor educated person. They reflect poorly on the instructor. I was reading the sentences as an essay, and cringed as trite nonsense the wording, before I realized it was the instructor outlining his thinking what your assignment was. Perhaps English is a second language to him.
Good luck.
To answer these questions, as an AI, I don't have access to specific business article collections or knowledge about your specific workplace. However, I can guide you on how to conduct a preliminary search and provide general information about common planning techniques.
1. Preliminary Search:
Start by accessing the business article collections in your library's database or use credible online sources such as academic journals, business magazines, or reputable websites like Harvard Business Review, Forbes, or McKinsey. Search keywords like "contemporary planning techniques," "managerial planning techniques," or "strategic planning techniques."
2. Two Common Types of Contemporary Planning Techniques:
Some commonly discussed contemporary planning techniques are:
a. Scenario Planning: Scenario planning involves creating multiple possible scenarios of the future to anticipate potential challenges and develop strategies accordingly. It helps managers make better-informed decisions by considering various uncertainties and trends.
b. Agile Planning: Agile planning is a flexible and iterative approach to planning that focuses on adapting and responding to changing circumstances. It emphasizes continuous learning, collaboration, and quick course correction.
3. Comparison and Contrast:
- Manager and Organizational Implications:
Scenario planning enables managers to develop long-term strategies, consider potential risks and uncertainties, and adapt the organization's goals accordingly. It helps organizations anticipate and prepare for future challenges.
Agile planning, on the other hand, allows managers and organizations to respond quickly to changing circumstances, prioritize value delivery, and boost innovation.
- Workplace Alignment:
The choice of technique that aligns better with your workplace depends on the nature of the organization, its industry, and the managerial style. For example, if your workplace operates in a complex and uncertain environment, scenario planning might be more suitable. If your workplace requires quick adaptability and collaboration, agile planning might be the better choice.
- Technique Not Suitable for Your Workplace:
You can mention a technique that would not work within your workplace based on factors such as organizational culture, management style, or industry-specific limitations.
4. Steps for Planning in Decision Making:
- Understand the organization's goals and objectives.
- Conduct a thorough analysis of internal and external environments.
- Identify potential risks, uncertainties, and opportunities.
- Involve key stakeholders in the planning process.
- Develop alternative scenarios or plans.
- Evaluate and choose the most viable and aligned plan.
- Implement the plan and regularly monitor progress.
- Adapt and adjust the plan as necessary.
5. Defending Your Viewpoint:
Support your recommendations and viewpoint with evidence from business articles by citing relevant studies, surveys, or expert opinions. Look for articles that discuss the effectiveness or drawbacks of different planning techniques in real-world scenarios or how they align with organizational goals.
Remember that conducting a thorough search of business article collections will provide you with more specific and credible insights to respond to the questions in detail.