Planning Ethically (Planning In The Business)

1192 words - 5 pages

From the moment we wake until we go to sleep, we plan whether consciously or subconsciously. Some plans are ordinary, almost second nature, done without much thought, but because there are choices and sequential steps necessary in the accomplishment of a goal, there is a planning process involved. There are different approaches to planning, and not all require a panel of executives or meetings to initiate, develop, and implement. There are circumstances in which planning is spontaneous in response to current events, and there is planning that requires weeks, month, or in some cases years to develop and implement. The development of any plan depends on one factor, the goal. Granted, some things just either happen or fall to fate, but in business that simply cannot be the plan. The Webster's Third New International Dictionary, Unabridged (2002) defines a plan as method of achieving something: a way of carrying out a design and planning is to devise procedures or regulations for in accordance with a comprehensive plan for achieving a given objective. Providing a definition for, and identifying planning, is the easy part, the hard part comes from the actual process of planning. Amazingly, in just about everything we do, business or personal, there is a degree of planning required to get anything done; there is a plan for planning. Innately there are aspects in planning which are applicable to either an individual or a business. In the planning phase, deliberations of ensuing legalities, ethical implications, and possible societal obligation are probably more relevant in the business world than on an individual level, but the fundamentals remain the same. Many good ideas or plans never leave the concept stage because of liabilities and risks. A multifaceted aspect common to both individual and business planning is accountability. As an individual there need only be consideration for one, direct knowledge or supervision of activities and practices are known and certain. For businesses, risk potential increases through those factors needed for growth and revenue such as personnel, quota requirements, and local, state, federal, and international business practices. As a plan is developed and implemented, guiding principles that determine courses of actions are established and applied. These guiding principles will ensure progress through responsible actions.Legal IssuesIn planning, this may be the easiest step in the process because there are written, not implied, legalities that may affect portions of the plan. Even before concepts go into the planning phase, consultation with legal representatives could avert potential dilemmas; provide alternative viewpoints, and opportunities. On many occasions, there has been solicitation of the military to provide assistance in support of civilian law enforcement. However, the United States (U.S.) Army and U.S. Air Force cannot enforce civil criminal law within the U.S. because of the Posse Comitatus Act (Lujan,...

Find Another Essay On Planning Ethically (planning in the business)

Communication in the Planning Process Essay

968 words - 4 pages of a strategy as well as the implementation of a strategy is extremely important. Management should focus on forecasting, planning, and business strategies that can create wealth for a company in the industry as it helps in formulation of control. References III, George B. M. Managing Health Care Business Strategy. Jones & Bartlett Learning, 2008-05-01. Bisognano, M. (2008). Leadership's role in execution. Healthcare Executive, 23 (2), 66-66,68,70. Retrieved from Ashford University Library. Krentz, S. E., DeBoer, A. M., & Preble, S. N. (2006). staying on course with strategic metrics. Hfm (Healthcare Financial Management), 60(5), 86-93.

Event Planning Business Plan Essay

1344 words - 5 pages plans to branch off to other areas in New Jersey in the future. Extravaganza is a “first class” party planning company with “coach” type affordability. We will specialize in weddings, baby showers, Sweet Sixteen, Quinceneras (Sweet 15), bridal showers, and reunions. The reason why I decided to start up this type of business is because Jersey City is rapidly growing. From my experience people in this area do not particularly care too much

Business Continuity planning

1587 words - 6 pages (1999). As Moore noted, planning for disaster recovery onlyBusiness continuity planning (BCP) is an essential strategic management tool in many organisations. The aim of BCP is to minimise loss after a disaster (Paton, 1999). In order to achieve this, management and planning are required to facilitate the recovery of core business operations (Lister, 1996). Moreover, an organisation should embrace the concept of 'Resilience' into the BCP have the

Business Planning and Structures

5458 words - 22 pages Business Planning and Structures The main structures that shall be examined in the context of this venture are: partnerships, joint ventures, companies, trusts and sole partnerships. For the purposes of the investments under consideration, there could be a number of structures that might be applicable for each but not all will be necessarily as efficient. The most probable structure that might be utilised to facilitate each investment

Business planning Restructuring

4928 words - 20 pages operations. The second chart displays the projected totals after the implementation of the automated logistics department. Since business is about making money, you can see how a little investment now will lead into a larger profit margin in the future.Current Widget Manufacturing Building $5.00 Selling $12.00 Number

Changes in the business environment and labour market affect Human Resource Planning (HRP)

1980 words - 8 pages marketplace.HRP is important because the HR plan affects all HR activities and acts as the strategic link between organizational and HRM objectives (Stone 2002). It can reduce the human resources cost by helping management to anticipate and correct the shortages and surpluses of employees. An addition, HRP will provide a better basis for planning employee employment in order to make optimum use of workers' attitudes and to improve their job satisfaction

Management Planning in the Boeing Corporation

1063 words - 4 pages the change. The planning model provides guidance and structure to any business that follows it.Boeing faced ethical issues and management problems until the new Chairman and CEO, Jim McNerney was hired in 2005. A Yale University and Harvard Business School graduate, he is credited with the turn around of Boeing. Before his watch, Boeing experienced an extreme lack of ethical management that cost them millions of dollars in fines for unethical

Planning for the Future in ChevronTexaco

944 words - 4 pages is described on ChevronTexaco's web site as, "a voluntary international code of conduct championed by the late Reverend Leon Sullivan" (ChevronTexaco n.d.). ChevronTexaco is proud to have been supporting social an environmental initiative in the countries they do business in for over 125 years and is very proud of its reputation in the industry.In summary, ethics, legal compliance, and social responsibility all plays a key role in all planning aspects in ChevronTexaco. They openly publish their company's guidelines and policies to all that may be interested and require all of it employees comply with the ChevronTexaco Way, and corporate conduct guidelines.

Business Report: The Planning for the FIFA 2014 Tournament

1060 words - 5 pages Planning The planning for the FIFA 2014 tournament was done by company owner David Miller. He is essentially a one man show when it comes to taking care of all related tasks which are a part of executing his companies various video game tournaments and events. The goals that David set for having a successful FIFA tournament began with the actual event running smoothly and timely. This management of function and time are essential in providing a

Planning in Today's World

650 words - 3 pages only after goals, and plans to reach the goals, are in place. Often planning provides the goals and standards that set in motion the controlling function. Planning is important in all levels of management. There are several levels in today corporate planning: Vision - Nonspecific directional and motivational guidance for the entire organization. Top managers normally provide a vision for the business. It is the most emotional of the four

The Importance of Planning

1294 words - 6 pages Background Definition of AGILE 1. marked by ready ability to move with quick easy grace 2. having a quick resourceful and adaptable character The Importance of Planning It’s amazing how long the term “Garbage in, Garbage out” has been around, yet with the advent of the term agile teams (and typically developers) tend to embrace agile as a means of avoiding planning and detailed design. Equally harmful can be the outright of rejection of

Similar Essays

Planning In The Uk Essay

1161 words - 5 pages The range of planning powers, controls and policies should be reduced. Explain how one might agree and disagree with this statement. I will approach this title focusing on planning in the UK. First briefly defining powers, controls and policies as they are today. A quick historical review of the modern planning system and changes to it will help give context in deciding whether to increase or decrease them. I'll then move on to a discussion on

Importance Of Strategic Planning And Management In The Business Environment

904 words - 4 pages Strategic Planning and Management PAGE \* MERGEFORMAT 1 Importance of Strategic Planning and Management in the Business EnvironmentnameBUS/475: Integrated Business TopicsDecember 2009instructorImportance of Strategic Planning and Management in the Business EnvironmentThe decision to embark on a new business venture can be daunting. The fear of lost time, money, and resources on a failed venture will deter many individuals from pursuing a dream

Importance Of Strategic Planning And Management In The Business Environment

589 words - 2 pages ensuring the future success of the organization. In addition, Strategic Management and Planning involves, planning, directing, organizing, and controlling the company's strategy. Strategic management, consist of three processes that entail corporate business, functional level planners, and support personnel. (Pearce & Robinson, 2004)Strategic Plan ImportanceIn today's business environment a strategic business plan is indispensable due to the

Financial Planning In An Engineering Business

5104 words - 20 pages IntroductionFinancial planning is a dynamic process that deals with allocation of various financial resources in order to meet strategic goals and objectives of the business. Financial planning involves planning for finance and planning for operations. Operation managers are concerned with sales and production whereas financial planners are interested in financing the operations nevertheless financial planning is considered to be one single