Discuss the benefits and pitfalls of planning

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Reference no: EM131044992

Read the attachments which conclude Chapter 5 (Planning and Decision Making), Chapter 6 (Organizational Strategy), and Chapter 11 (Managing Human Resource System).

Note*: It will be better to read if you have the book: MGMT, by Chuck Williams, publisher Thomson Higher Education, 2010 edition.

5-1. Discuss the benefits and pitfalls of planning.

5-2. Describe how to make a plan that works.

5-3. Discuss how companies can use plans at all management levels, from top to bottom.

5-4. Explain the steps and limits to rational decision making.

5-5. Explain how group decisions and group decision-making techniques can improve decision making.

6-1. Specify the components of sustainable competitive advantage, and explain why it is important.

6-2. Describe the steps involved in the strategy-making process.

6-3. Explain the different kinds of corporate-level strategies.

6-4. Describe the different kinds of industry-level strategies.

6-5. Explain the components and kinds of firm-level strategies.

11-1. Explain how different employment laws affect human practice.

11-2. Explain how companies use recruiting to find qualified job applicants.

11-3. Describe the selection techniques and procedures that companies use when deciding which applicants should receive job offers.

11-4. Describe how to determine training needs and select the appropriate training methods.

11-5. Discuss how to use performance appraisal to give meaningful performance feedback.

11-6. Describe basic compensation strategies and discuss the four kinds of employee separations.

Reference no: EM131044992

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