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2  Learning Objectives 8.1 Define the nature and purposes of planning. 8.2 Classify the types of goals organizations might have and the plans they use. 8.3 Compare and contrast approaches to goal-setting and planning. Know how to set goals personally and create a useful, functional to-do list Develop your skill at helping your employees set goals 8.4 Discuss contemporary issues in planning. 3  What is Planning? Planning: management function that involves setting goals, establishing strategies for achieving those goals, and developing plans to integrate and coordinate work activities Formal planning Specific, time-oriented goals Goals written and shared Planning involves defining the organization’s goals, establishing strategies for achieving those goals, and developing plans to integrate and coordinate work activities. It’s concerned with both ends (what) and means (how). When we use the term planning, we mean formal planning. In formal planning, specific goals covering a specific time

  INTRODUCTION If you’ve gotten a ride through Uber, booked a place to stay through Airbnb, watched a movie on Netflix, or received beauty and lifestyle products from Birchbox, then you’ve participated in disruption, even if you weren’t aware of it at the time. Disruptive Innovation and Marketing has become so commonplace in our business world that it is hard to tell the difference between whether something is shaking up the industry or just a darn good idea. Suffice it to say, disruption - despite being a trendy buzzword - is here to stay, and will have a lasting impact on the future of many industries. WHAT IS DISRUPTIVE INNOVATION AND MARKETING Disruptive Innovation is a term coined by Harvard Business School Professor Clayton Christensen. He describes disruptive innovation as “a process by which a product or service takes root in simple applications at the bottom of a market and then relentlessly moves up market, eventually displacing established competitors.”1 Disruption

  Management Ethics and Social Responsibility Introduction/Fundamental Concepts Ethics may be broadly defined as that division of philosophy which deals with questions concerning the nature of value in matters of human conduct. While virtually all people are concerned with making ethical judgments and decisions, philosophers in particular are concerned to explicate the nature of such judgments in general, to provide criteria for determining what is ethically right or wrong, and to analyze the grounds or reasons we have for holding them to be correct. Those concerned exclusively with telling us what is right or wrong, good or bad, in matters of human conduct may be termed moralist. While philosophers have sometimes been moralists, as philosophers their primary concern is not so much to provide moral prescriptions as it is to explain why what we consider to be "right" or "good" is right or good. To do so, philosophers engaged with such questions have generally sou