Management planning and maintaining high ethical standards are essential elements for any organization's success in today's business world. Proper planning defines the purpose and establishes the future goals of an organization. Ethical values, sometimes referred to as morals, are considered the life blood of an organization by many people. Many outside factors influence management's ability to plan and maintain high standards within their organization. Several of these factors that influence every organization's planning ability include legal issues, ethics, and corporate social responsibility. This essay will briefly define the factors and their impact on my employer's ability to conduct business in today's ever-changing environment.
Planning is one of the most common tools, activities used by management to ensure the goals and objectives of the organization. Planning is often referred to as the "systemic process of making decisions about goals and activities that an individual, group, work unit, or organization will pursue in the future" (Bateman & Snell, 2004, p.108).
An organizations success or failure can often by linked to the amount and detail the planning activities within the organization. A successful planning program should include feedback and buy in from most employees. Goals obtained in the planning process are monitored throughout the organization. In a perfect world, managers would expect a 100% buy in from their employees, however, this is not a perfect world, and this will never occur.
As stated in previous essays and discussion questions, the organization that employs me is relatively new to the business arena. The organization is a partnership and my immediate supervisor is the company president. Amazingly the organization has a mission statement and a set of business goals and objectives. The goals are simple, to the point and should be attainable, but also maintain flexibility due to the state of the economy. The organization's...