Haberberg Ch02 Essay

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MANAGEMENT FAQs STRATEGIC MANAGEMENT What is strategic management? What is strategic planning? What is the difference between strategic and long-range planning? What is strategic thinking and strategic management? What strategic planning is not! What is a strategic plan? When should a strategic plan be developed? How are strategies developed? What are some tools for analysis and planning? What is SWOT Analysis? What is the MacMillan Matrix? KNOWLEDGE MANAGEMENT What is knowledge management How are innovation and knowledge management related? INFORMATION MANAGEMENT What is information management? What are the benefits of information management? What is the difference between data, information and knowledge? What is an information strategy? PROJECT MANAGEMENT What is the purpose of project management? Why should the project be planned? What is the most important safe guard provided by project planning? Why should a company have a project management system? Does each project have to create its own management system? What are the tools needed for a project management system? What should a project manager look for in a scheduling system? What is a Work Breakdown Structure (WBS)? DELEGATION MANAGEMENT Why use delegation? What are the benefits of delegation for the manager? What are the benefits of delegation for team members team? How does delegation help decision making? STRATEGIC MANAGEMENT What is strategic management? Strategic management can be used to determine mission, vision, values, goals, objectives, roles and responsibilities, timelines, etc. Top of Category What is strategic planning? Strategic planning is a management tool, period. As with any management tool, it is used for one purpose only: to help an organization do a better job - to focus its energy, to ensure that members of the organization
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