philosophy (f -l s -f ) n. pl. philosophies 1. Love and pursuit of wisdom by intellectual means and moral selfdiscipline. 2.

Investigation of the nature, causes, or principles of reality, knowledge, or values, based on logical reasoning rather than empirical methods. 3. A system of thought based on or involving such inquiry: the philosophy of Hume. 4. The critical analysis of fundamental assumptions or beliefs. 5. The disciplines presented in university curriculums of science and the liberal arts, except medicine, law, and theology. 6. The discipline comprising logic, ethics, aesthetics, metaphysics, and epistemology. 7. A set of ideas or beliefs relating to a particular field or activity; an underlying theory: an original philosophy of advertising. 8. A system of values by which one lives: has an unusual philosophy of life. 4. Mission Statement an organizations mission is a definition of whom and what they are. Often mission statements include core goals and values of the organization 3. Vision Statement an organizations vision statement is simply their roadmap for the future. The direction of the organization should be broad to include all areas of impact but narrow enough to clearly define a path.

Effective planning requires measurement of objectives. A variety of measurements exists to quantify objectives in the eight areas that management expert Peter Drucker suggests: market standing, innovations, productivity, physical and financial resources, profitability, manager performance and responsibility, worker performance and attitude, social responsibility. . Objectives objectives are specific, measurable, action oriented, realistic and time bound strategies that achieve the organizations goals and vision.

5. Values values are the organizations fundamental beliefs in how they operate. Values can provide a guideline for management and staff for acceptable organizational behavior. Often values relate to the organizations organizational culture. procedure noun 1. an act or a manner of proceeding in any action or process;conduct. 2. a particular course or mode of action. 3. any given mode of conducting legal, parliamentary, or otherbusiness , especially litigation and judicial proceedings. 4. Computers . a. the sequence of actions or instructions to be followed insolving a pr oblem or accomplishing a task. b. Also called subprogram. a group of statements thatmay be used at o ne or more points in a computerprogram.

6. Goals goals are broad based strategies needed to achieve your organizations mission. * Objectives. Objectives are statements of future conditions, that a manager hopes to achieve. All sets of objectives have three characteristics: priority, timing, and measurement. The prase priority of objectives implies that at a given time, accomplishing one objective is more important than accomplishing others. Time dimensions imply that an organization's activities are guide by different objectives, depending on the duration of the action being planned. Effective planning requires measurement of objectives. A variety of measurements exists to quantify objectives in the eight areas that management expert Peter Drucker suggests: market standing, innovations, productivity, physical and financial resources, profitability, manager performance and responsibility, worker performance and attitude, social responsibility. . Objectives objectives are specific, measurable, action oriented, realistic and time bound strategies that achieve the organizations goals and vision.

policy (p l -s ) n. pl. policies 1. A plan or course of action, as of a government, political party, or business, intended to influence and determine decisions, actions, and other matters: American foreign policy; the company's personnel policy. 2. a. A course of action, guiding principle, or procedure considered expedient, prudent, or advantageous: Honesty is the best policy. b. Prudence, shrewdness, or sagacity in practical matters.

* Objectives. Objectives are statements of future conditions, that a manager hopes to achieve. All sets of objectives have three characteristics: priority, timing, and measurement. The prase priority of objectives implies that at a given time, accomplishing one objective is more important than accomplishing others. Time dimensions imply that an organization's activities are guide by different objectives, depending on the duration of the action being planned.