15 Sep we have completed the first four sections (Abstract, Introduction, Literature Review, and first part of References)
we have completed the first four sections (Abstract, Introduction, Literature Review, and first part of References) of our research paper 1 that was counted as your research paper. Now, we will add the last three sections of your papers (Methodology, Results, and Conclusion) to complete the paper that will be counted.
review these three sections (Methodology, Results, and Conclusion), and design your paper accordingly. The methodology section should state the names, and descriptions of the research methods that the scholars used from your citing them in the research paper, which was the first part of this paper. Please avoid plagiarism.
(1) You should paraphrase and cite from at least 10 sources to support your thesis in the paper;
(2) You should also show the sources you used in the References section of your paper, too (as shown in the beginning of the References section of your template paper).
(3) Your final paper should be no less than 1000 words.
(4) APA writing format is recommended.
STRATEGIC PLANNING 4
Impacts of planning on performance
Student’s name
Institutional affiliation
Course
Due date
Instructor’s name
The impact of planning on the performance of organizations
Introduction
In the management of any organization, planning comes in to help decide on how the various personnel, resources, time, and ideas are made use of. This element of management has the impact of either making the performance of the organization better or worse. A good plan puts the organization in a position that allows them to fully make use of resources in a way that optimizes profits. A good plan too ensures that the activities of the organization are guided by time and that they meet clients’ deadlines.
Literature review
Planning has been taken in as an important factor in the performance of any organization. Many studies have been carried out to evaluate the impact of planning on organizations and (Schoeffler, et al, 1974) uses profit to review this. According to these researchers, sampling, a method of carrying out research, was used to determine the amount of profits different organizations were getting according to the plans they had. The samples revealed that the companies that used the best planning methods showed the highest profits.
Shrader et al, (2004) explains that strategic planning has a positive impact on general performance of any organization. To prove this, a survey of over 100 organizations was carried out. From the survey, an organization, regardless of how well equipped, required strategic planning to do well. Other than the survey, this article further reviews on others pieces of work to gather more information. From all the research, planning comes out as a major factor towards the proper running of activities in any organization. Organizing the management and putting them in positions that they can render guidelines to the junior staff requires planning.
As a part of planning, strategic planning has come in management to make it better. To find out the impact of this part of management of any organization a survey targeting 180 members of the staff in Nigeria Bottling Company. The sample of 124 was determined using the Taro Yemen formula. Innocent et al, (2017) explains that planning if properly executed goes a long way to improving the performance of any organization. The execution of instructions becomes easier if a plan is in place. The future of the organization becomes easier to determine if you have a plan of how you wish to have it be. Unless strategic planning is properly executed, the challenges that come with it include confusion and misunderstanding among the personnel.
Conclusion
From the samples and surveys carried out, planning has a positive impact on the general performance of the organization. The profits of the organizations are determined by balancing of the earnings against the expenses. The earnings can only increase if the performance or the activities of the organization are guided by the plan that the organization has in place. Through strategic planning, we have seen many organizations plan for the present and their future.
References
Schoeffler, S., Buzzell, R. D., & Heany, D. F. (1974). Impact of strategic planning on profit performance. Harvard Business Review, 52(2).
https://hbr.org/1974/03/impact-of-strategic-planning-on-profit-performance
Shrader, C. B., Chacko, T. I., Herrmann, P., & Mulford, C. (2004). Planning and firm performance: effects of multiple planning activities and technology policy. International Journal of Management and Decision Making, 5(2-3), 171-195.
https://www.inderscienceonline.com/doi/abs/10.1504/IJMDM.2004.005347
Innocent, I. E., & Levi, N. N. (2017). Effects of strategic planning on organizational performance (A Study of Nigerian Bottling Company, Enugu). International Journal of Economics and Business Management, 3(9), 1-12.
http://iiardpub.org/get/IJEBM/VOL.%203%20NO.%209%202017/EFFECTS%20OF%20STRATEGIC%20PLANNING.pdf
Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of HIGH QUALITY & PLAGIARISM FREE. To make an Order you only need to click Ask A Question and we will direct you to our Order Page at WriteDemy. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Fill in all the assignment paper details that are required in the order form with the standard information being the page count, deadline, academic level and type of paper. It is advisable to have this information at hand so that you can quickly fill in the necessary information needed in the form for the essay writer to be immediately assigned to your writing project. Make payment for the custom essay order to enable us to assign a suitable writer to your order. Payments are made through Paypal on a secured billing page. Finally, sit back and relax.
About Wridemy
We are a professional paper writing website. If you have searched a question and bumped into our website just know you are in the right place to get help in your coursework. We offer HIGH QUALITY & PLAGIARISM FREE Papers.
How It Works
To make an Order you only need to click on “Order Now” and we will direct you to our Order Page. Fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Are there Discounts?
All new clients are eligible for 20% off in their first Order. Our payment method is safe and secure.