Management About Th True Milk

subject Type Homework Help
subject Pages 8
subject Words 1569
subject School Hoa Sen University
subject Course introduction to management

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Many managers believe that "PLANNING IS A WASTE OF TIME, BECAUSE
NO ONE CAN PREDICT THE FUTURE". In a 2000-word report (word count
+/-10%), discuss the belief and then suggest how manager can design an
effective plan.
In my opinion, we can’t predict the future but we can plan for the unexpected
Like when the COVID - 19 happen in 2020, noone can’t predict how it effect around
the world during 2 years. While we're not out of the woods yet, many look to the
future with optimism as the impact of COVID fades and restrictions on business ease.
While it is easy to become frustrated or confused by all of the factors in your life
over which you have no control, the New Year will be a time to refocus on the
elements over which you have control. This will necessitate careful planning for both
known and unknown cases, as well as succession planning.
While most people think of succession planning as something you do before retiring,
it can actually be a great tool for helping you prepare for any situation that your
employer may face. You might not be able to do so. Your farming operation's owner
or top decision-maker becomes incapacitated. That makes it an excellent tool to have
in your back pocket as we approach 2022.
It compels you to prepare for the worst-case scenario. There are numerous reasons
why you might have to leave your business unexpectedly - and the majority of them
aren't pleasant. As a result, most business owners postpone their plans due to
unforeseen illness, death, or disability. If you're one of them, keep in mind that when
you plan these types of events, you're not doing it for yourself; you're doing it for
your loved ones. If you have to leave the company unexpectedly, they will
experience stress, anxiety, and possibly grief. A succession plan can help you avoid
adding "business confusion" to the list.
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It makes everyone's role clear. Part of succession planning entails defining each
family member's role in the company and developing a strategy for filling key
positions in the company. This clear organizational legacy framework also allows
businesses to maintain a sense of continuity in the event of an emergency. If you are
forced to skip a step, other members of the chain of command will be able to
seamlessly join in because everyone is aware of what needs to be done and what
responsibilities must be fulfilled.
To make it effective and develop potentially, a manager in a company should focus
on a goal or a misson. But how we can get the information about the goal and if we
actually don’t know about what we are planning ?
Planning in management is a step when you need to reach the goal. We will get how
to utilise opportinities and the human resources to reach the expected outcome. Their
process involve :
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