Displaying items by tag: business management
How does your business do when it comes to communication both internally and externally? Your answer to this question could determine the success or failure of your business. Communication is an Administration Discipline that impacts every aspect of your company. All companies have a communication culture, and if you don’t think that is true, think again. Your managers communicate with subordinates, frontline workers communicate with other frontline workers, customers, and vendors. Your executives communicate to your stakeholders: bankers, community leaders, government agencies, community groups, and the public at large. What message does your company consistently put into the market place? Are these messages tied into the vision, values and mission of your company, or are they tied to your products and services?
For every business there are four essential types of planning. Each of the planning type’s effect varied aspects of the business directly. Strategic planning impacts the entire organization, functional planning effects divisions and departments, logistical planning is performed by teams and staff. Financial planning impacts department management and resources. Below are definitions for the four planning types: