Planning is important in management because it allows managers to use resources efficiently and prepare for the unexpected. It also helps managers determine the right goals to seek. Proper planning helps employees at a c... More »

Some major items that are usually included on a wedding planning checklist are finding and reserving a venue, purchasing a dress and/or tuxedo and creating a guest list. A wedding planning checklist should track the diff... More »

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Engaging the stakeholders and determining the kind of person needed for a successful succession are some steps for succession planning. Other steps include conducting a stress test and simulation and bringing the success... More »

www.reference.com Business & Finance Business Resources Managing a Business

Effective management is important to an organization because it involves planning and goal setting, along with motivation of workers in order to execute the plans. Effective management creates a direction for the organiz... More »

The five management functions include planning, organizing, staffing, leading and controlling. Without these functions, achieving success may be difficult as a company may lack direction and efficiency. More »

Tips for contingency planning in project management include conducting a thorough risk assessment at the outset of the project to identify all potential threats, prioritizing the threats in terms of severity and likeliho... More »

www.reference.com Business & Finance Business Resources Managing a Business

Henri Fayol's theories regarding business administration were based on what he viewed as the common elements of management: forecasting and planning, organizing, commanding, coordinating and controlling. These common man... More »