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1. List the five steps in the planning process and give examples of each.2. How does planning facilitate controlling?3. What is the difference between contingency planning and scenarioplanning?4. Why is participation good for the planning process?5. Form groups or work with a classmate. Brainstorm to develop amaster list of the major characteristics you expect to find in theworkplace in the year 2040. Use this list as background forcompleting the following tasks:a. Write one-paragraph description of what the typical‘workplace 2040’ manager’s workday will be like.b. Draw a ‘picture’ representing what the ‘Workplace 2040’organisation will look like.c. Summarise in list form what you consider to be the majorimplications of your future workplace scenario formanagement students today. Explain what this means interms of using academic and extracurricular activities to bestprepare for success in this future scenario.d. Choose a spokesperson to share your results with the class asa whole and explain their implications for class members.Case study:“Why we should fight at work – leadership style” pp 360

Question

  1. List the five steps in the planning process and give examples of each.2. How does planning facilitate controlling?3. What is the difference between contingency planning and scenarioplanning?4. Why is participation good for the planning process?5. Form groups or work with a classmate. Brainstorm to develop amaster list of the major characteristics you expect to find in theworkplace in the year 2040. Use this list as background forcompleting the following tasks:a. Write one-paragraph description of what the typical‘workplace 2040’ manager’s workday will be like.b. Draw a ‘picture’ representing what the ‘Workplace 2040’organisation will look like.c. Summarise in list form what you consider to be the majorimplications of your future workplace scenario formanagement students today. Explain what this means interms of using academic and extracurricular activities to bestprepare for success in this future scenario.d. Choose a spokesperson to share your results with the class asa whole and explain their implications for class members.Case study:“Why we should fight at work – leadership style” pp 360
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Solution

  1. The five steps in the planning process are: a. Setting Objectives: This involves identifying what you want to achieve. For example, a business might set an objective to increase sales by 10% over the next year. b. Analyzing the Environment: This involves assessing the internal and external factors that can affect your plan. For example, a business might analyze market trends, competition, and its own strengths and weaknesses. c. Developing a Plan: This involves deciding on the specific actions you will take to achieve your objectives. For example, a business might plan to increase advertising or introduce new products to boost sales. d. Implementing the Plan: This involves putting your plan into action. For example, a business might start running new advertisements or producing new products. e. Monitoring and Controlling: This involves checking progress against your objectives and making necessary adjustments. For example, a business might track sales and adjust its plan if they are not increasing as expected.

  2. Planning facilitates controlling by providing a standard against which actual performance can be measured and evaluated. This allows for timely detection of deviations and corrective action.

  3. Contingency planning is the process of preparing for unexpected events, while scenario planning involves imagining and planning for various possible future situations. The main difference is that contingency planning is reactive (responding to events), while scenario planning is proactive (anticipating events).

  4. Participation is good for the planning process because it encourages commitment and increases the likelihood of successful implementation. It also allows for a diversity of ideas and perspectives, which can lead to better plans.

  5. This task involves brainstorming and creative thinking about the future of the workplace. It's hard to provide specific answers as it depends on the group's ideas and discussions. However, some possible characteristics of the 2040 workplace might include increased remote work, advanced technology, and a greater focus on sustainability. The implications for management students could include the need for skills in managing virtual teams, understanding technology, and promoting sustainability.

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