IMPLEMENTING

, ORGANIZING
AND
FINANCING
DEFINITIONS:
• Implementation is the process of executing a plan or policy
so that a concept becomes a reality.
• Organizing involves assigning tasks, grouping tasks into
departments, delegating authority, and allocating resources
across the organization.
• Financing is the process of providing funds
for business activities, making purchases or investing.
Financial institutions such as banks are in the business of
providing capital to businesses, consumers, and investors to
help them achieve their goals.
A GOOD PLANNER AND PROGRAMMER MUST
MAKE SEVERAL IMPORTANT CHOICES TO ACHIEVE
THE DESIRE GOALS:
FIRST is to choose the correct technology, the one
that would produce the output that would meet the
quality specifications of the customers
SECOND is choose the right people who can
perform the technical and the managerial functions
necessary to realize the desired end results.
THIRD is to design the operating workflow
that would assure the effective, economical,
and efficient production of the output.
FOURTH is to specify the systems and
procedures that would govern the enterprise,
motivate and discipline the work force, and
satisfy the customer.
FIFTH is to design organizational architecture
that would allow the people to function at its
best