This document provides an overview of planning and outlines key aspects of effective planning. It defines planning as deciding in advance what to do, how to do it, and who will do it. Planning bridges the gap between where an organization currently is and where it wants to go. The document discusses that a plan should be realistic and can be long-range, intermediate-range, or short-range. While planning does not guarantee success, lack of planning will ensure failure. Effective planning is a continuous process that involves choosing destinations, evaluating alternatives, and deciding on specific courses of action.

2. A presentation
on
Presented by:
Name ID
1.MD. Rasedul Islam 2015210000065
2.Zahidul Islam Khan 2015210000077
3. Abdur Rahman 2015210000078
4.Safkat Md Fahim 2015210000084
5.Jahid Al Mamun 2015210000090
Presented to: Wahidul Sheikh Shemon
Lecturer, SBS, Southeast University

4. WHAT IS A PLAN ?
Planning is a process accomplished purposes. Its a blue print for business growth
and a road map for business development. Its helps us to decide our objects both in
qualitative and quantities terms.

5. WHAT IS A PLAN ?
According to Koontz& O’donnel “Planning is deciding in advanced what to
do, how to do and who is to do it.
It bridges the gap between where we are and where we want to go.”

6. WHAT PLAN SHOULD BE?
PLANNING
A plan should be a realistic view of the expectation.
Depending on this activates plan can be , 1. Long range
2. Intermediate range
3. Short range

7. WHAT PLAN SHOULD BE?
Planning is the most important document and key to growth.

8. WHAT PLAN SHOULD BE?
Preparation of a comprehensive plan cannot guaranty your
success but lack of a sound plan will definitely ensures
failure

9. Planning can be summarized in 3 steps
1.Choosing a destination,
2. Evaluating alternative, and
3. Deciding the specific cause of our plan

10. It is important to prepare a plan keeping in view the necessities of the
enterprise. Plan is an important aspect of business.
a
It solves the following three critical function.

11. 1
Planning helps management to clarify focus and recourse their business of
project development and prospectus.

12. 2
Planning provide a logical framework within which the business can developed and
proceed business strategy over the next 3 to 5 years.

13. 3
Planning like a bang mark against which actual performance can be majored and
reviewed

14. FETURES OF PLANNING
Planning is a process rather then behavior at given point of time. This
Process determines the future course of action.
Planning is future oriented. It requires forecasting of a future situation in
Which the organization has to function
Planning is undertaken at all levels of the organization. At the top
Management level, managers are concerned about the totality of the
Organization and try to relate it with the environment while managers at
Lower levels may all levels of the organization

15. Planning is flexible as commitment is based on future conditions which are
always dynamic, hence, plans have to be changed in accordance with the
changed conditions. Activities are planned with certain assumptions which
may not come true. Managers must make provision for alternate strategies And
plans.
FETURES OF PLANNING

16. FETURES OF PLANNING
Planning is flexible as commitment is based on future conditions which are
always dynamic, hence, plans have to be changed in accordance with the
changed conditions. Activities are planned with certain assumptions which
may not come true. Managers must make provision for alternate strategies And
plans.

17. Planning is a pervasive and continuous managerial faction involving
Complex processes of perception ,analysis, conceptual thought,
Communication , decision and action.
FETURES OF PLANNING

18. Planning is always goal directed. A manager cannot plan anything unless
he knows what he wants to achieve.
For example: You cannot plan for a journey unless you know where you want
to go. Thus ,planning is taking such steps so as to achieve the desired goal.
FETURES OF PLANNING

19. Planning is the primary function of management, as every activity needs to be
planned before it is actually performed.
FETURES OF PLANNING

20. FETURES OF PLANNING
Planning basically involve making choice. Need for planning arise goals and objective
are many and alternative to planning them are also plenty.

21. IMPORTANCE/BENEFITS OF PLANNING

22. Planning reduce uncertainty, risk and confusion in operation. Through planning
The future course of action is known to all and so, everybody knows exactly
What needs to be done. This gives a sense of direction resulting in efficiency
In operations
IMPORTANCE/BENEFITS OF PLANNING

23. Planning guides the decision making by the managers. Planning of goals
to be achieve and the course of action to be followed to achieve the goal.
Act as a guide in their own decision making and actions plans’
IMPORTANCE/BENEFITS OF PLANNING

24. IMPORTANCE/BENEFITS OF PLANNING
Planning helps in achieving coordination and facilitates control. Proper planning
integrates the tasks at the operational level, thereby making coordination more
effective. It also helps in identifying deviations and taking the corrective action.

25. IMPORTANCE/BENEFITS OF PLANNING
Planning with an element of flexibility makes the organization capable of
Coping with the same environment and facing challenges

26. Planning leads to economy and efficiency operations. Best methods are Selected
out of available choices, thus , reducing overlapping and wasteful activates.
IMPORTANCE/BENEFITS OF PLANNING

27. Planning begins with the determination of objectives and is directed towards their
achievement. It keeps the executive alive and alert. Managers have to review the
progress periodically and recast their strategies to meet the objectives.
IMPORTANCE/BENEFITS OF PLANNING

28. Planning can minimize the risk but cannot eliminate the risk.

29. The success of planning depends to a great dial on authenticity of
information and external and internal variables over which the planner
has no control

30. Planning is the big process so it is very time consuming and money consuming.
It may delay curtain cases. The experiences on planning is directly
Proportional to the time spend on planning.

31. Planning leads to rigidity:
In an organization, as well defined plan is drawn up with specific goals .
to be achieved within a specific time frame.
Following a pre decided plan, when circumstance have changed, may not turn
out to be in the organizations interest.

32. Planning may not work in the dynamic environment:
The environment consist of a number of dimension, economics, political,
Physical, legal and social dimension
The organization has to constantly adapt itself to changes.
Planning cannot foresee everything and thus their maybe obstacles to
Effective planning

33. Planning involves huge costs:
Detailed plants require scientific calculation to a certain facts and figures.
There are a number of incidental costs as well, like expenses on boardroom
Meetings, discussions with professional experts and preliminary investigations to
find out the viability of the plan.

34. Planning does not guaranty success:
The success of an enterprise is possible only when plans are
properly drawn up and implemented.
any plan needs to be translated into action or it becomes
meaningless

35. The planning process must be continuous and creative and communicative
lowest possible level.
Planning should be time bound and exist at all levels in the organization.
Planning should not be rigid and should coordinate the effort of departments.
Planning must have inbuilt controlling system.
People are the essence of planning. This factor should be kept in
mind while framing plans.