Week 1 OM

DESCRIBES A COMPANY'S 

REASON FOR EXISTENCE. ANSWERS THE QUESTION WHY THE COMPANY EXIST.

• Mission

• Values

• Vision

• Specific plans for specific areas of the company.

• Translate broader plans into functional goals for each area or department

• Operational Plan

• Strategic Plan

• Tactical Plan

DESCRIBES WHAT THE COMPANY WANTS TO ACHIEVE AND 

WHERE IT WANTS TO GO IN THE FUTURE.

• Mission

• Values

• Vision

• It engages on mapping out exactly specific objectives and determining the most valuable course of action required to achieve those objectives.

• Controlling

• Leading

• Organizing

• Planning

• Designed by TOP Management,

• Broad plans based on company's vision. mission and values and address the company as a whole.

• Operational Plan

• Strategic Plan

• Tactical Plan

• The art of getting things done through and with people in formally organized groups.

• Company

• Management

• Organization

Refers to action plans that involve shorter periods and more measurable outputs. These Tend to be more specific and result in tangible outcomes.

• Goals

• Objectives

• Vision

Specific accomplishments or action plans that are usually attained after a long period. These are BROADER in scope because the intentions are more general and involve outputs intangible and non-measurable.

• Goals

• Objectives

• Vision