IMPLEMENTING This is the execution of the overall planning. This stage starts with breaking down the high level plan into more operational steps and action items. To bring the intended strategies to reality the leadership teams will also: • Set annual objectives • Revise policies to meet the objectives • Allocate resources EVALUATING Capturing and measuring results is an essential activity in this phase. Leaders have to compare actual results with anticipated results to see if adjustments need to be made. To re-evaluate on a regular basis. Due to constantly changing external and internal conditions organization must continuously monitor and review both invirontments. If circumtances arise that affect the company, leaders must take corrective actions to ensure objectives can ANNUAL OBJECTIVES AND POLICIES There exists a close relationship between annual objectives and policies within an organizational setting. Annual objectives focus on how to implement strategies based on the realities within an organization. It involves understanding the capacity of the employees and the organization in general and then setting specific goals that should be achieved based on these capabilities. Policies, on the other hand, look at the rules, procedures, guidelines, or administrative practices that are put in place by the top management to define how stakeholders should work towards achieving the vision of an organization. RESOURCE ALLOCATION Resource allocation is the process in which a company decides where to allocate scarce resources for the production of goods, creating merch or services. A resource can be considered a production factor that’s used to produce goods or services. Resources can be many things, including MANAGING CONFLICTS Is the process of limiting the negative aspects of conflict while increasing the positive aspects of conflict. The aim of conflict management is to enhance learning and group outcomes, including effectiveness or WHAT TO CONSIDER WHEN MANAGING WORKPLACE CONFLICT?
1. Finding the root quest people.
2. Asking the right question. 3. Questioning the right people. 4. keeping everyone aligned. 5. Ecouraging participation at all levels.