This document discusses different types of managerial planning. It outlines operational plans, tactical plans, and strategic plans. Operational plans focus on goals for departments and individuals. Tactical plans concern lower-level units within divisions. Strategic plans outline steps for achieving organization-wide goals. The document also discusses contingency plans for changing circumstances, the scope of managerial planning, and the typical steps in the planning process which include determining objectives, collecting information, developing plans, selecting alternatives, and follow up measures.

2. BY : LAMECH ADARSH FRANKLIN

3. MANAGERIAL PLANNING

4.  Planning (also called forethought) is the process
of thinking about and organizing the activities
required to achieve a desired goal.
 Planning involves the creation and maintenance of
a plan. As such, planning is a fundamental
property of intelligent behavior.

5. TYPES OF MANAGERIAL PLANNING
 OPERATIONAL PLANS : The specific results expected from departments, work
groups, and individuals are the operational goals
DIFFERENT TYPES OF OPERATIONAL PLANS
 A. single use
 B. continuing
 C. policy
 D. procedure
 E. rule

6.  TACTICAL PLAN : A tactical plan is concerned with what
the lower level units within each division
must do, how they must do it, and who
is in charge at each level.
 STRATEGIC PLAN : A strategic plan is an outline of steps
designed with the goals of the entire
organization as a whole in mind,
rather than with the goals of specific
divisions or departments. Strategic
planning begins with an organization's
mission.
 CONTIGENCY PLANS : Contingency planning involves
identifying alternative courses of
action that can be implemented if
and when the original plan proves
inadequate because of changing
circumstances.

7. SCOPE OF MANAGERIAL PLANNING
 A good managerial plan ensures only the work
that needs to be done in a company is done. It is
the duty of the manager to see to it that he uses
all his resources , plans and ideas in a way
wherein which is in the scope of his
management/managerial plans!

8. STEPS IN PLANNING PROCESS
 1. DETERMINATION OF OBJECTIVES
 2. COLLECTION AND FORECASTING OF INFORMATION
 3. DEVELOPMENT OF PLANNING PREMISES
 4. DISCOVERING ALTERNATE COURSE OF ACTION
 5. SELECTION OF BEST ALTERNATIVE
 6. FORMULATION OF DERIVATIVE PLANS
 7. COMMUNICATTING THE PLANS
 8. FOLLOW UP MEASURES

9. BIBLIOGRAPHY
 Wikipedia
 Google
 http://www.preservearticles.com/201106168040/what-are-the-steps-
involved-in-planning-process.html
 http://www.projectmanagementdocs.com/project-planning-
templates/scope-management-plan.html
 http://www.cliffsnotes.com/more-subjects/principles-of-
management/organizational-planning/detailing-types-of-plans
 Book by robin sharma , who will cry when you die
 Degree notes