The paper "Importance of Planning and Monitoring to the Organization, Individuals and Managers" is an outstanding example of a management assignment. Planning involves setting goals and expectations for performances of individuals and groups where their efforts are routed to attaining the objectives of the organization. Managers become more effective when work is planned and expectations are set. In operational planning, managers are the heads of specific operations in their functions and are tasked with continually planning and monitor performance, rewarding good performance, developing performance capacity and planning work. When employees are involved in the operational planning process, it becomes easier for them to understand the organizational goals.
They easily understand how work needs to be done, why it should be done and the specifics of what is to be done. Managers also develop the standards and elements of the contingency, operational, tactical, and strategic plans. Top-level managers provide a way of achieving strategic plans by designing and implementing the plans based on the mission, vision and values of the organization. In most cases, strategic plans involve boosting returns on investment, attaining growth, profitability and productivity over a period of three to ten years.
The strategic plans help the lower and middle managers to develop their own operational plans that align well with strategic goals. To achieve organizational goals, managers specify mission and objectives, conduct environmental scanning, formulate and implement strategies and perform evaluation and control. On the other hand, managers use tactical plans to activate and get a strategy to work because it has narrower scopes and shorter time frames. The middle-level manager is tasked with identifying and implementing specific tactical actions. For example, a middle-level manager can have a plan to support organizational goals by increasing production by five percent and cutting costs by ten percent in the next year.
The manager is in charge of specifying goals with fixed deadlines, listing budgetary requirements, listing all the resources, and the immediate activities such as retailing, manufacturing, funding and marketing. Meanwhile, operational plans are necessary to undertake day-to-day operations in the organization and it involves the interaction of supervisors, low-level managers and individual job-holders. Being specific and aimed at achieving short-term objectives, the plan provides a roadmap to attain tactical goals.
Operational plans can be ongoing or single-use. The former is carried out on an ongoing basis and involves policies, rules and procedures that are changed as required and created on an ad-hoc basis. The latter is meant for single occurrences of activities or events such as recruitment drive or marketing campaigns. Policies such as terminating contractors and hiring employees influence decision making at micro-level. Again, rules regulate functions in an organization and need stringent enforcement such as reporting times for employee or no smoking condition.
Procedures accomplish specific objectives such as guidelines to source raw materials and hire and train employees. When employees and their supervisors meet the objectives on a daily basis, it becomes easier to achieve organizational goals. When supervisors and individual employees adhere to operational plans, they move the organization from a start-up to success as well as operate efficiently and stay focused.