Week 2 Discussion

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This week we will start with the first letter (or step) in the P-O-L-C framework. The letter "P" in the P-O-L-C framework stands for "planning".

Prompt/Questions

Discuss the first step in the P-O-L-C framework and the various strategic management tools used to examine a company's internal culture and external business environment.

Choose 1 of the 2 questions to discuss, and be sure to reference what you have learned from the readings and watching the videos this week.

1. Take a look at the website of a company you are familiar with (consider where you or someone close to you work or worked) What is the organization's vision and mission? Were they easy or hard to find? As an employee, do you find the vision and mission to be motivating and inspirational? Why or why not? What elements identified in our text do you see (or not see) in the company mission and vision statements? How do you think the company's mission and vision relate to the management of internal organizational social networks?
2. Imagine you are tasked with managing a project to create a new product, process, or service for a company. In this scenario, what aspects of the three fundamental functions of "Planning": (1) mission and vision, (2) strategizing, and (3) goals and objectives would you emphasize to best ensure you and your team are successful? How would these three functions fit in the planning-organizing-leading-controlling (P-O-L-C) framework you would use as the team leader?