In this day of global competitiveness, company can no longer assume the company brand
or previous business model and management style can sustain the company excellency in
an ever evolving business arena. Not only organizations need to deliver value and benefits
that set them a part from their competitors but management must always be on the look-out
to apply management skills in ways that allow the company to ripe the benefits of product
innovation with the utmost quality outcome. Quality and innovative products alone is not
enough to sustain an organization bottom line profit. Companies need to produce their
goods at the most efficient speed and cost competitiveness. To realize such a
comprehensive strategy, management will practice the four pillars of management
functions such as planning, organizing, leading and controlling depending on how far out
the goals timeline.
Planning is the process of working with the company resources to achieve the companys
goals which has been pre-determined during the brainstorming or pre-goal setting sessions.
The company resources here are referring to either people, hard goods, machineries,
capital, finance and others resources deem need. Planning often include analysis of current
condition, future and even past objectives so that appropriate and strategic action can be
plan. Planning is often refer to as strategic goal setting and usually considered long-term
goals. My most recent employer, Trianz, for example, have a corporate calendar of 1 year,
5 years and beyond. When we had a new HR manager last year and to break the ice, she
has spent one on one time with each of the staff to ask what changes we would like to see