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In most organizations, this term reoccurs throughout its organizational structure with each different level of management performing the same four key functions.
Planning
Of the four key elements of management, the most important is planning. It has to do with being able to see how the decisions of today can potentially impact the decisions of tomorrow. As well as setting the goals for the business to achieve. Planning is deemed as the key building block of which the other three elements stack upon.
Within Bank of America (B of A), our plans are set by the chief executives. Often these plans are very high level and are passed done through division heads and managers, each step of the way being added to or modified, with each manager adjusting the detail to fit there area...
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