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Philip Walcoff - "The Fast Forward MBA in Business Planning for ...

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<strong>Philip</strong> <strong>Walcoff</strong> - "<strong>The</strong> <strong>Fast</strong> <strong>Forward</strong> <strong>MBA</strong> <strong>in</strong> Bus<strong>in</strong>ess Plann<strong>in</strong>g <strong>for</strong> Growth"11. All members of themanagement staff haveposition descriptions andobjectives def<strong>in</strong>ed <strong>for</strong> nextfiscal year (H. Car<strong>in</strong>g).15. G. Moore: Develop draftmanagement staff positiondescriptions <strong>for</strong> CEO review by5/15/00.cussed earlier, the action plan <strong>for</strong> a given plann<strong>in</strong>g year is never completed; new action items willalways surface as you work toward achiev<strong>in</strong>g the objective.Page 128As another example, <strong>for</strong> Objective 8, expanded office space, Action Item 12 is to make contact with arealtor. When this is completed, a follow<strong>in</strong>g action item might be to view some properties or gather<strong>in</strong><strong>for</strong>mation on potential properties <strong>for</strong> consideration. Aga<strong>in</strong>, the next action item to achieve a particularobjective is shown, <strong>in</strong> contrast to describ<strong>in</strong>g all necessary action items at one time.Action items clearly describe the most basic activities that must be accomplished <strong>in</strong> order to achieve theall-important annual objectives.Action Items Stemm<strong>in</strong>g from Issues<strong>The</strong> action plan is where you will address each issue you identified <strong>in</strong> Chapters 4 and 5 (Exercise 40).Refer to your Major Issues and Approaches <strong>for</strong> Resolution document. Review each issue and relatedissue-resolution approach. You will describe the near-term actions (next 30 to 45 days) you will put <strong>in</strong>place to beg<strong>in</strong> to address each issue you have identified.Table 8.11 provides examples of five previously stated issues and issue-response options. Exampleaction items are also shown, which areEXERCISE 40: DEVELOP YOUR ACTION PLANfile:///C|/Documents and Sett<strong>in</strong>gs/gasanova/Local Setti...orward_<strong>MBA</strong>_<strong>in</strong>_Bus<strong>in</strong>ess_Plann<strong>in</strong>g_<strong>for</strong>_Growth/e-book.html (144 of 219)16.02.2005 13:54:23

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