Vision Mission
PLANNING Directional and An Organization's reason for
motivational guidance for
the entire organization.
Organizational Structure
ORGANIZATION The organization
$
structure and
distribution of authority
should reflect the
mission, objectives,
goals and tactics that
PROFIT
grew out of the planning
function.
Recruiting
STAFFING Staffing follows the
organization functions by
filling, and keeping filled,
every required position
$
within the company.
Decision Making and
DIRECTION Problem Solving
Two fundamental attributes of
successful entrepreneurs are
problem solving and decision
making. They are closely
linked and are, typically,
mirrored in the efficiency and
productivity of their
management and staff.
Establish Standards
CONTROL Performance standards
must be established
based on the firm's
objectives and the use
and availability of
resources.
Objectives
Objectives refine the Mission
being. It reflects the culture
and values of ownership.
Division of Labor
Division of Labor is captured
in an organization chart which
is a pictorial representation of
an organization's formal
structure. It must always
remain consistent with reality.
Screening
The acceptance of poor quality
candidates yields poor quality
employees. Screening includes
proper wording of ads, a
structured interviewing process,
testing and background checks.
Leadership
Organizations do not succeed
while their people are failing.
Strong, fair, decisive
leadership that displays
compassionate use of the five
functions of management will
ultimately succeed.
Measurement
The accurate measurement and
reporting of real-time
performance is crucial. Without
it, no order can be maintained
and chaos reigns.
Goals
Goals are specific statements of
and address key issues within
the organization such as market
standing, innovation,
productivity, physical and
financial resources, profitability,
management and worker
performance.
Delegation of Authority
Authority is legitimized power.
Power is the ability to influence
others. Delegation is the
distribution of authority which
frees ownership from the
tyranny or urgency, repetitive
activities and overwhelming
tasks.
Hiring
Recruiting and screening are
useless if nobody is hired.
Hiring is a skill of creating a
persuasive and alluring
opportunity proposition.
Communication
The Key to successful directing
lies in effectively
communicating directives.
Poor communication results in
poor execution.
Comparison
The comparison of the
company's predicted
performance to actual,
real-time performance
allows ownership to
properly assess their
position.
Strategic Planning
anticipated results that further define Strategies are major plans that
the organization's objectives. They commit large amounts of
resource to proposed actions
are expected to be SMART: Specific,
which are designed to achieve
M easurable, Attainable, Rewarding, the major goals and objectives.
and Timed.
Departmentalization Informal Structure
Departmentalization is The informal structure has no written
the grouping of jobs rules, is fluid in form and scope, is not easy
under the authority of a to identify and has vague membership
single manager for the guidelines. It cannot be controlled by
purposes of planning, management but access to it can create a
coordination and closed circle of communication that can
control. signal important morale issues.
Training Maintaining
Training is what determines if A well executed staffing function
your well-chosen candidates will will keep all positions filled with
succeed or fail. Most employers qualified, well trained employees
decry the cost of training without without allowing any department to
ever examining the cost of NO ever fall below its minimum roster
TRAINING. count.
Motivation Discipline
Needs, Rewards and Effort
are the three most Avoidance of pain or discomfort is a
important components of powerful method of holding people
positive motivation. Figure accountable. Once behavioral
out a person's needs, guidelines have been established then
satisfy them and the person dispassionate discipline must be
will be motivated. exercised.
Action Re-Cycle
Corrective action must Control is both
be immediately taken anticipatory and
whenever there is even retrospective. It is
the slightest deviance also cyclical,
between actual and which means it
predicted results and never ends.
behaviors.