Managerial Planning Process

The video tutorial explains the managerial planning process, emphasizing the importance of aligning plans with the organization's mission and vision. It covers setting goals, developing action plans, implementing them, and evaluating results. The process is iterative, requiring continuous assessment and refinement to ensure objectives are met effectively.

What is the first step a manager must take to develop a plan?

How do managers ensure that their plans align with the organization's mission and vision?

Describe the importance of evaluating results in the managerial planning process.

What should managers do if they find that their plan is lacking?

What are the continuous steps involved in the managerial planning process?