Summary Unit 5 PP.pptx MT104 Introduction to Management MT104 Purdue University Global ¢ Planning- Goals are set that the company/organization wants to achieve according to their mission statements ¢ There are three levels of planning within this step

Unit 5 PP.pptx MT104 Introduction to Management MT104 Purdue University Global ¢ Planning- Goals are set that the company/organization wants to achieve according to their mission statements ¢ There are three levels of planning within this step 1. Strategic- Long term goals set by upper management with few details 2. Tactical- Mid term goals set by middle managers with some detail 3. Operational- Short term lead by frontline managers with lots of detail ¢ Organizing- Assemble resources to achieve the goal set in the planning stage ¢ This step makes the organization more dynamic by providing is organization chart identifying the business functions, establishing a reporting system, and a personnel department ¢ Leading- Managers try to motivate employees to achieve perform at high levels ¢ Inspire and guide people to achieve organizations goals ¢ Controlling- œLearni