STANDING PLANS are used over and over again because they focus on organizational situations that occur repeatedly. SINGLE USER PLANS are used only once, or at most, couple of times, because they focus on unique or rare situations within the organization. STANDING PLANS: Policies, Procedures and Rules: A POLICY is a standing plan that furnishes […]
Tag: Plans
WHAT IS A PLAN?
A Plan is a specific Acton proposed to help the organization achieve its objective. A crucial part of the management of any organization is developing logical plans and then taking the steps necessary to put the plans in to action. Regardless of how important experience related intuition may be to managers, successful management actions and […]
THINGS TO CHECK IN A BUSINESS PLAN
We have been consulting an investor ( a strategic VC Operations) on investing in various projects. Common findings: The entrepreneurs who had approached the investors were operating more from their gut feelings than from data. They are very optimistic about their future prospects, even though they have been facing tough times for a long time. […]
MANAGEMENT INNOVATIONS 