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Engineering Management: Planning

This document discusses engineering management and planning. It provides an overview of the key concepts of planning including establishing a vision and mission statement, understanding the hierarchy of plans from mission to strategic to operational, and using strategic management tools like Porter's 5 forces model and generic competitive strategies. The objectives are to understand the basics of planning and strategic management and how they are important for providing organizations with purpose and direction.

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262 views

Engineering Management: Planning

This document discusses engineering management and planning. It provides an overview of the key concepts of planning including establishing a vision and mission statement, understanding the hierarchy of plans from mission to strategic to operational, and using strategic management tools like Porter's 5 forces model and generic competitive strategies. The objectives are to understand the basics of planning and strategic management and how they are important for providing organizations with purpose and direction.

Uploaded by

Dozdi
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPT, PDF, TXT or read online on Scribd
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Engineering Management

PLANNING

MAPUA INSTITUTE OF TECHNOLOGY


School of Chemical Engineering & Chemistry
LEARNING OBJECTIVES
• Understand the basics of planning
• Be familiar with the hierarchy of plans
• Appreciate the importance of a vision and
mission statement
• Gain an insight to strategic management
• Be familiar with the Generic Competitive
Strategies
Managerial Functions

PLANNING
Selecting missions
and objectives
and the actions
to achieve them

CONTROLLING ORGANIZING
Making sure that Establishing an
the organization intentional
is accomplishing structure of roles
its objectives for people to fill
in an
organization
LEADING
Influencing people
to perform
essential tasks
PLANNING

• Selecting goals and the actions to


achieve them

Provides
organizations with a
sense of purpose
and direction
Hierarchy of Plans

Mission
& Vision

Strategic Plans

Operational Plans
Mission and Vision

MISSION STATEMENT:
– Purpose of being of an organization.

VISION is where want to go?


Petron’s Mission and Vision

PETRON’s MISSION STATEMENT:


We are a petroleum-based business enterprise in
pursuit of growth and opportunities that are in the
best interests of our shareholders.
We are committed to excellence in meeting customers’
expectations and in caring for our community and
environment.
We shall conduct ourselves with professionalism,
integrity, and fairness.

Petron’s VISION is to become the most admired


company in the Philippines by the year 2006.
WHO is being
satisfied? WHAT is being
satisfied?

HOW are customer


needs being satisfied?

Defining the
Business
2. Focus on:
•What you want rather than the process of getting it.
•What you want rather than avoiding what you want.

3. See the
1. Do not limit whole
your visions to picture.
what you may
think is
possible.

Visioning Guidelines
Strategic Planning

Perform
External
Analysis

Develop
Develop Establish
& Implement
Mission Long-Term
Select Strategy
Statement Objectives
Strategies

Undertake
Internal
Audit
Michael Porter’s 5-Forces Model

Barriers
To
Entry

Bargaining Bargaining
Power Competitive Power
vs. Rivalry vs.
Suppliers Buyers

Threat
Of
Substitute
Overall Cost
Leadership
Differentiation
Focused

Porter’s Generic Competitive


Strategies

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