Clase 11 Martes 18 de febrero

Apuntes

Clase 1: Martes 18 de febrero Clase 2: Martes 25 de febrero POWER: clase 2 Strategic Planning & control STRATEGIC PLANNING AND MANAGEMENT CONTROL Strategic Planning ● It shows a specific and integral operation plan ● Economic translation of company future plans ● Estimation of how the economic and financial company situation will change in the future General Objective of a Plan ● Provide information to help in the decision making process - Planning: Future estimations to focus the present action plans according to expectations - Control: Verify achievement of objectives. Tool to management control We will make an Internal and External analysis so as to know if we can succeed the plan. Applications of the Strategic Plan 1. Planning tool ● Operating activities ● Investments activities ● Financing activities ● Planning of activities for all the areas of the company: (Sales/Investments/Purchases/ Logistics/Human Resources/Administration/Etc.) A plan is confidential Applications of the Plan 1. Planning tool ● Define objectives and determine necessary resources to meet such objectives ● Detail action plan of all economic and financial flows 2. Control to...