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Research Paper on Planning & Organization

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Introduction Managing companies in the 21st century has changed in many ways compared to the managing system used in the olden days. Starting from the structure of the organization itself, how they plan, how they make decision, up until how they doing things; but one thing that has not changed is that organizations which perform with an outstanding result never neglect their planning. Each organization competes with each other to perform better in accordance to others. These changes are made in order to form a better organization each day as well as better results at the end of all progress. This essay will examine why organizations that fail to plan are in essence planning to fail, as well the types of organizational plans; hence the …show more content…

This resulted in the increase of revenues from $1.5 million to $15 million in 2000-2001 periods, as well as the market share that had risen from 2 per cent to 25 per cent. In this context, Sunrise Confectionary uses their organizational planning to give them direction as well as set standards in accordance to its competitors (Robbins et al 2003). In general terms, planning can be referred to in two ways: formal and informal. Formal planning means concentrating on the achievement of the goals. Simple thing such as setting a period of time to achieve that goal and writing down a list can be shared by throughout the organizational structure so everyone knows what they have to do, where they have to go also have something to refer back to while they are at it. Informal planning is the reverse of the formal planning which is usually present in a small business or organization. Informal planning is not as well organized because it is not written and there is limited sharing among individuals due to an abstract form of it. This shows that formal planning is addressed for a bigger organizational structure that

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