Concepts 3.0 Management Plan Management planning is also called corporate planning which is like a treasure map and yardstick for an organization. It involves the process of constructing a pathway to productivity for the organization by using the regular planning concept to predict the future results of the business when compared with that of the past. It identifies where and how marketing of the organizations goods and services can be done by making intelligent, relevant, applicable and focused choices about actions to take so as to reach set goals. Small, medium and large scale businesses now use management planning to enable them exploit the most productive opportunities while putting risk in check. This concept is obtained from organization, …show more content…
According to Veskaisri, Chan and Pollard (2007), a corporate organization without a vividly identified strategy have no solid foundation for making and sustaining competitive advantage when compared with its counterparts in similar industry. 3.3 Application of concept in current job As a healthcare worker, I believe it is paramount that individuals understand the type of diseases or health conditions they have and also, what it takes to put such conditions under control. This is what a management plan can do; getting clients to take part in their daily healthcare management thereby enhancing the amount of control they have regarding their health. This may also reduce the number of times they get admitted. It is necessary to state that having a management plan requires frequent reviews and clients must be informed of potential danger signs of their conditions and appropriate actions to take. 3.4 Usefulness of concept in the current world Considering the world at large, a quality management plan can aid in: The accomplishment of goals in numerous ways such as preventing conflict and duplication of duties through a well spelt out role and responsibilities for