Planning and decision making of manager
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1. The document discusses planning and decision making for managers. Planning involves deciding in advance what actions need to be taken and is a continuous and important process for all managerial functions. 2. Managers need to plan to set directions for the organization, ensure everyone is on the same page, and to simplify decision making. There are different types of goals, levels, areas, and time frames to consider for planning. 3. Planning can be strategic, tactical, operational, long term, mid term, or short term. Responsibilities for planning may include planning staff, task forces, and boards of directors. Contingency planning and crisis management are also discussed.
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Pptofplanning 121015123411-phpapp01
Planning involves determining in advance what actions to take, how to execute them, when to do so, and by whom. It anticipates the future and purposefully selects a course of action. The main steps in the planning process are to define the task, identify resources, consider alternatives, create the plan, work the plan, and evaluate. Planning focuses on objectives, reduces uncertainty, provides direction, encourages innovation, aids coordination, guides decision making, and improves efficiency. Challenges to planning include lack of information, costs, resistance to change, inability to plan, a false sense of security, and environmental constraints. The document outlines various principles and levels of planning including corporate, divisional/functional, and group planning.
Planning
Planning involves determining in advance what actions should be taken. It includes setting goals, identifying needed resources, considering alternatives, creating a plan, implementing it, and evaluating results. The main steps in the planning process are to define the task, identify resources, consider alternatives, create the plan, work the plan, and evaluate. Planning provides focus, reduces uncertainty, provides direction, encourages innovation, helps coordination, guides decision making, and provides operational efficiency. Challenges to planning include lack of information, time/costs, resistance to change, inability to plan, a false sense of security, and environmental constraints. There are different levels of planning including corporate, divisional/functional, and group planning.
Fundamentals Of Effective Planning
Planning involves deciding future actions, how and when to take them, and who will be involved. It is a goal-oriented, rational process that provides direction and guidelines. Effective planning focuses on objectives, offsets uncertainty, and increases organizational effectiveness through efficiency, coordination, and control. Plans can be strategic, tactical, or operational depending on their level, time frame, and scope. The planning process includes analyzing opportunities, setting objectives, identifying alternatives, evaluating options, selecting plans, implementing, and reviewing. Prerequisites for effective planning are setting the right climate, clear objectives, participation, communication, and integration of long- and short-term plans. Potential limitations include lack of information, resistance to change, and false sense of security
Ppt of planning
Planning involves determining in advance what actions need to be taken to achieve goals. It is goal-oriented, continuous, and looks ahead to anticipate the future. The main steps in the planning process are to define the task, identify resources, consider alternatives, create the plan, implement the plan, and evaluate. Planning provides direction, reduces risk and uncertainty, and guides decision-making. Challenges to planning include lack of information, time/costs, resistance to change, and inability to plan. There are different levels of planning including corporate, divisional/departmental, and group/sectional planning at different management levels in an organization.
Planning
Planning involves deciding in advance what actions need to be taken to achieve organizational goals. It includes defining goals, developing strategies, and creating formal, long-term plans to coordinate work across an organization. There are different types of planning like informal short-term planning and formal long-term planning. Plans can be single-use, standing, or budgets. While planning brings benefits like reducing decision burden and ensuring consistency, it also has limitations such as inflexibility and becoming outdated over time. The planning process involves analyzing the environment, defining missions and objectives, forecasting assumptions, evaluating alternatives, and implementing and reviewing plans.
Approaches to planning
The document discusses different management styles for projects. It describes top-down management where directions come from upper management, and bottom-up management where team members have input. It suggests that while top-down management can result in bottlenecks, bottom-up lacks clarity. The best approach is a collaborative mixed style that balances top-down control and bottom-up empowerment and creativity from teams.
Importance of planning
Planning is a primary function that ensures smooth operations and efficient use of resources. It establishes goals to focus managers and employees, eliminates confusion, and coordinates actions. Planning also helps minimize uncertainties by anticipating future changes. An effective plan allows for control and innovation, improves organizational effectiveness, saves costs, establishes clear processes, facilitates coordination, and helps avoid business failures.
Types of planning
The document discusses objectives, strategies, policies, and managing by objectives (MBO). It defines objectives as goals that organizations aim to achieve. Strategies are plans of action to meet objectives and respond to competitors. Policies guide decision making without requiring action. MBO is a process where managers jointly set goals with their subordinates and periodically evaluate performance against objectives.
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Pptofplanning 121015123411-phpapp01
Planning involves determining in advance what actions to take, how to execute them, when to do so, and by whom. It anticipates the future and purposefully selects a course of action. The main steps in the planning process are to define the task, identify resources, consider alternatives, create the plan, work the plan, and evaluate. Planning focuses on objectives, reduces uncertainty, provides direction, encourages innovation, aids coordination, guides decision making, and improves efficiency. Challenges to planning include lack of information, costs, resistance to change, inability to plan, a false sense of security, and environmental constraints. The document outlines various principles and levels of planning including corporate, divisional/functional, and group planning.
Planning
Planning involves determining in advance what actions should be taken. It includes setting goals, identifying needed resources, considering alternatives, creating a plan, implementing it, and evaluating results. The main steps in the planning process are to define the task, identify resources, consider alternatives, create the plan, work the plan, and evaluate. Planning provides focus, reduces uncertainty, provides direction, encourages innovation, helps coordination, guides decision making, and provides operational efficiency. Challenges to planning include lack of information, time/costs, resistance to change, inability to plan, a false sense of security, and environmental constraints. There are different levels of planning including corporate, divisional/functional, and group planning.
Fundamentals Of Effective Planning
Planning involves deciding future actions, how and when to take them, and who will be involved. It is a goal-oriented, rational process that provides direction and guidelines. Effective planning focuses on objectives, offsets uncertainty, and increases organizational effectiveness through efficiency, coordination, and control. Plans can be strategic, tactical, or operational depending on their level, time frame, and scope. The planning process includes analyzing opportunities, setting objectives, identifying alternatives, evaluating options, selecting plans, implementing, and reviewing. Prerequisites for effective planning are setting the right climate, clear objectives, participation, communication, and integration of long- and short-term plans. Potential limitations include lack of information, resistance to change, and false sense of security
Ppt of planning
Planning involves determining in advance what actions need to be taken to achieve goals. It is goal-oriented, continuous, and looks ahead to anticipate the future. The main steps in the planning process are to define the task, identify resources, consider alternatives, create the plan, implement the plan, and evaluate. Planning provides direction, reduces risk and uncertainty, and guides decision-making. Challenges to planning include lack of information, time/costs, resistance to change, and inability to plan. There are different levels of planning including corporate, divisional/departmental, and group/sectional planning at different management levels in an organization.
Planning
Planning involves deciding in advance what actions need to be taken to achieve organizational goals. It includes defining goals, developing strategies, and creating formal, long-term plans to coordinate work across an organization. There are different types of planning like informal short-term planning and formal long-term planning. Plans can be single-use, standing, or budgets. While planning brings benefits like reducing decision burden and ensuring consistency, it also has limitations such as inflexibility and becoming outdated over time. The planning process involves analyzing the environment, defining missions and objectives, forecasting assumptions, evaluating alternatives, and implementing and reviewing plans.
Approaches to planning
The document discusses different management styles for projects. It describes top-down management where directions come from upper management, and bottom-up management where team members have input. It suggests that while top-down management can result in bottlenecks, bottom-up lacks clarity. The best approach is a collaborative mixed style that balances top-down control and bottom-up empowerment and creativity from teams.
Importance of planning
Planning is a primary function that ensures smooth operations and efficient use of resources. It establishes goals to focus managers and employees, eliminates confusion, and coordinates actions. Planning also helps minimize uncertainties by anticipating future changes. An effective plan allows for control and innovation, improves organizational effectiveness, saves costs, establishes clear processes, facilitates coordination, and helps avoid business failures.
Types of planning
The document discusses objectives, strategies, policies, and managing by objectives (MBO). It defines objectives as goals that organizations aim to achieve. Strategies are plans of action to meet objectives and respond to competitors. Policies guide decision making without requiring action. MBO is a process where managers jointly set goals with their subordinates and periodically evaluate performance against objectives.
Characteristics of planning
Planning contributes to achieving objectives by determining the methods and steps needed. Planning is the primary function of management, as no other functions can be executed without first establishing objectives through planning. Planning is forward-looking by making predictions and assumptions about the future based on past experiences and environmental scans. Planning is also a continuous process that requires regularly updating plans in response to changes in the environment or company needs. Finally, planning is a mental exercise that requires higher-level thinking and should be kept separate from operational activities.
Chapter 5 planning and decision making report
Managers at different levels engage in planning for different timeframes and scopes. Upper-level managers plan strategies for the long-term future of the entire organization, while lower-level managers plan for their subunits in the shorter term. There are four basic steps to planning: establishing goals, defining the current situation, identifying aids and barriers, and developing action plans. Planning involves two main types of plans - strategic plans that implement the organization's mission, and operational plans that provide details on accomplishing strategic plans. Effective planning is linked to controlling by comparing actual results to planned budgets, programs, and standards.
Chapter 5 planning and decision making
The document discusses planning and decision making. It describes the benefits and pitfalls of planning, how to make an effective plan, and how planning is used at different management levels from strategic to operational. It also outlines the steps of rational decision making, including defining problems, identifying criteria, generating alternatives, and choosing an optimal solution. Finally, it discusses limits to rational decision making and factors in group decision making.
Planning and decision making
Planning and decision making are important executive functions. Planning involves formulating strategies to achieve desired goals, while decision making is choosing between alternatives. There are different types of plans - tactical, strategic, operational, and contingency plans - each with their own purpose. Good planning is focused, actionable, and aligned. Decision making allows managers to better utilize resources and face challenges. Planning provides alternatives for decision makers to evaluate in addressing problems and achieving objectives. The two functions are interrelated, as decision making is at the core of planning implementation.
Function of management planning
Planning is a key management function that involves establishing objectives and strategies for achieving goals. It requires looking ahead to potential opportunities and challenges, and determining the best courses of action. The planning process includes setting objectives, analyzing the environment, identifying alternative strategies, choosing a strategy, developing plans, and monitoring implementation. Planning establishes direction and guides the other management functions of organizing, leading, and controlling. It is essential at all levels of management and in all departments to ensure efficient and effective operations.
Planning slideshow bcom
Planning involves determining in advance what actions to take, how to execute them, when to do so, and who will be responsible. It anticipates the future and chooses a course of action. There are several types of planning including group, departmental, divisional, and corporate. Group planning focuses on specific work units, departmental planning defines the scope and activities of departments, divisional planning oversees larger business units, and corporate planning establishes overall objectives and strategies for the entire organization. Effective planning is goal-oriented, continuous, forward-looking, and considers alternative options and available resources to efficiently guide decision making.
Planning at Different Level in the Firm
Strategic planning involves long-term goals at the top level of an organization. Tactical planning refers to middle-level procedures that transform strategic plans into specific goals. Operational planning involves routine tasks at the lower levels. Managers at different levels can provide input to strategic plans, which must align with organizational goals. CEOs ensure open communication and awareness across all levels.
Process of planning
in business organisation Process of planning is very important Management study online, Important Steps or Techniques or process of Planning.
Planning ppt on 11 2-12
Planning is the fundamental function of management that involves anticipating the future and determining a course of action to achieve goals. It is goal-oriented, primary, pervasive across managers and organizations, intellectual involving imagination and adjustment, continuous as assumptions change, forward-looking to consider the future, and involves choice through decision making. The objectives of planning are to focus on objectives and results, reduce uncertainty and change, provide direction, encourage innovation, help with coordination, guide decision making, enable decentralization, provide economy, and facilitate control.
Planning : Management Function
Planning is a systematic process of analyzing opportunities to achieve agreed upon business objectives by evaluating alternatives and selecting courses of action. It is goal-oriented, forward-looking, and continuous. Effective planning provides direction, coordination, and a framework for decision-making to increase organizational effectiveness and efficiency. It is a prerequisite for success in today's competitive environment.
Nature and concepts of planning
The document discusses the concepts and types of planning. It defines planning as the process of thinking about and organizing activities to achieve goals. There are different types of plans including:
- Strategic plans which are long-term plans created by top managers to achieve organizational goals.
- Tactical plans which support strategic plans by translating them into specific area plans.
- Operational plans which focus on procedures and processes at the lowest organizational levels.
- Contingency plans which provide alternative courses of action if original plans fail.
The document also outlines characteristics and principles of effective planning such as being future oriented, goal focused, and requiring teamwork. Barriers to planning include the time and expense required as well as potential restrictions
Planning
This document discusses the importance of planning and outlines the planning process. It defines planning as deciding actions in the present to achieve future objectives. Good planning is objective-oriented, continuous, flexible, and helps coordinate efforts across an organization. The planning process involves analyzing the environment, setting objectives and forecasts, evaluating alternative actions, and establishing programs to implement the selected plan. Periodic review allows plans to adapt to changing circumstances. Failing to plan properly can lead an organization to fail to achieve its goals.
Chapter 3 - Planning
Planning is the process of setting organizational goals, strategies, and plans of action to achieve those goals. It provides direction, reduces uncertainty, and minimizes waste. Plans can vary in comprehensiveness, time frame, specificity, and frequency of use. Strategic plans apply to the entire organization while operational plans apply to specific units. Planning occurs at all management levels but plans must be related and directed toward the same goals. Forecasting, contingency planning, scenario planning, benchmarking, and participatory planning are important planning techniques. Decision making involves identifying problems, criteria, alternatives, analyzing alternatives, selecting an alternative, implementing it, and evaluating the outcome. Decisions can be structured or unstructured and made under conditions of certainty or
PLANNING
This document provides an overview of planning as a management process. It discusses planning as determining future courses of action, with consideration of objectives, activities, policies, and timing. Key features of planning discussed include it being a process, primarily concerned with the future, involving alternative selection, and undertaken at all organizational levels. The importance of planning is outlined in terms of primacy over other functions, offsetting uncertainty, focusing on objectives, coordination, and control. Steps in the planning process and types of plans are also summarized.
Fundamentals of planning (Principles of Management)
This document discusses planning and the planning process. It defines planning as determining how an organization can achieve its objectives and outlines the steps in the planning process. The advantages of planning include helping managers be future-oriented and enhancing decision coordination. Planning involves establishing objectives, considering alternatives, choosing the best path, and implementing plans. The chief executive oversees planning and planners develop organizational plans.
Planning and Decision Making
This document discusses planning and decision making. It defines planning as setting goals and defining activities to achieve those goals. Effective vision and mission statements describe an organization's desired future state and reason for existence. Goals are broader accomplishments while objectives are more specific and measurable. Plans can be strategic, tactical, or operational. The planning process involves formulating goals and objectives, identifying actions, assigning responsibilities, documenting the plan, and reviewing it. Decision making models include rational, intuitive, and predisposed approaches. Structured models like Kepner-Tregoe, Vroom-Yetton-Jago, and OODA Loop are also discussed.
PLANNING IN MANAGEMENT,DEFINITION CHARACTERISTICS, IMPORTANCE AND LIMITATIONS
Planning is the primary function of management and involves determining the best course of action in advance to achieve organizational objectives. Planning has several key characteristics including being an intellectual process that looks to the future, being continuous, and being required at all levels of management. Planning provides advantages such as better resource utilization, minimizing uncertainties, and improving competitive strength. The planning process involves analyzing internal and external environments, setting objectives, developing alternative courses of action, and carrying out the chosen plan.
Planning
Planning being the fundamental function of management, it explains the meaning, process and types of plans.
Unit 7 controlling
This document discusses the concepts of controlling and the relationship between planning and controlling. It defines controlling as a process of monitoring performance and taking action to ensure desired results. Controlling is a continuous, dynamic, action-oriented, and forward-looking process exercised at all levels of management. The key steps in controlling are establishing objectives and standards, measuring actual performance, comparing results to objectives, identifying deviations, and taking corrective action. Planning precedes controlling and provides the basis for it, while controlling ensures plans are implemented properly and kept on track. Planning and controlling are interdependent and mutually reinforcing functions.
Fundamentals of Planning
Managers plan to set objectives and determine how to accomplish them. The planning process involves defining objectives, determining the current situation, analyzing alternatives, and implementing and evaluating plans. Managers use various types of plans including strategic, tactical, functional, operational, policies, procedures, and budgets. Useful planning tools include forecasting, contingency planning, scenario planning, and benchmarking. Plans should be well implemented through participatory planning, management by objectives, and ensuring trust and support when full participation is not possible.
Plannning and Types of planning
This document provides an overview of different types of planning, their advantages, and limitations. It discusses strategic planning which covers long term goals over 3-5 years, and operational planning which focuses on short term goals under one year. Planning has advantages like facilitating management by objectives, minimizing uncertainties, improving coordination, and encouraging innovations. However, planning can also be costly, time consuming, provide a false sense of security given uncertainties, and be challenging with rapid changes. The document aims to educate on various aspects of organizational planning.
Effective planning skills
This document discusses strategic planning and management. It defines strategic management as setting decisions and actions to implement strategies that provide a competitive advantage to achieve organizational goals. The strategic management process involves scanning the internal and external environment, formulating strategy, and implementing strategy through changes in leadership, culture, structure, human resources, and information systems. Strategy formulation develops the organization's goals and strategic plan, while strategy implementation uses managerial tools to achieve strategic outcomes.
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Characteristics of planning
Planning contributes to achieving objectives by determining the methods and steps needed. Planning is the primary function of management, as no other functions can be executed without first establishing objectives through planning. Planning is forward-looking by making predictions and assumptions about the future based on past experiences and environmental scans. Planning is also a continuous process that requires regularly updating plans in response to changes in the environment or company needs. Finally, planning is a mental exercise that requires higher-level thinking and should be kept separate from operational activities.
Chapter 5 planning and decision making report
Managers at different levels engage in planning for different timeframes and scopes. Upper-level managers plan strategies for the long-term future of the entire organization, while lower-level managers plan for their subunits in the shorter term. There are four basic steps to planning: establishing goals, defining the current situation, identifying aids and barriers, and developing action plans. Planning involves two main types of plans - strategic plans that implement the organization's mission, and operational plans that provide details on accomplishing strategic plans. Effective planning is linked to controlling by comparing actual results to planned budgets, programs, and standards.
Chapter 5 planning and decision making
The document discusses planning and decision making. It describes the benefits and pitfalls of planning, how to make an effective plan, and how planning is used at different management levels from strategic to operational. It also outlines the steps of rational decision making, including defining problems, identifying criteria, generating alternatives, and choosing an optimal solution. Finally, it discusses limits to rational decision making and factors in group decision making.
Planning and decision making
Planning and decision making are important executive functions. Planning involves formulating strategies to achieve desired goals, while decision making is choosing between alternatives. There are different types of plans - tactical, strategic, operational, and contingency plans - each with their own purpose. Good planning is focused, actionable, and aligned. Decision making allows managers to better utilize resources and face challenges. Planning provides alternatives for decision makers to evaluate in addressing problems and achieving objectives. The two functions are interrelated, as decision making is at the core of planning implementation.
Function of management planning
Planning is a key management function that involves establishing objectives and strategies for achieving goals. It requires looking ahead to potential opportunities and challenges, and determining the best courses of action. The planning process includes setting objectives, analyzing the environment, identifying alternative strategies, choosing a strategy, developing plans, and monitoring implementation. Planning establishes direction and guides the other management functions of organizing, leading, and controlling. It is essential at all levels of management and in all departments to ensure efficient and effective operations.
Planning slideshow bcom
Planning involves determining in advance what actions to take, how to execute them, when to do so, and who will be responsible. It anticipates the future and chooses a course of action. There are several types of planning including group, departmental, divisional, and corporate. Group planning focuses on specific work units, departmental planning defines the scope and activities of departments, divisional planning oversees larger business units, and corporate planning establishes overall objectives and strategies for the entire organization. Effective planning is goal-oriented, continuous, forward-looking, and considers alternative options and available resources to efficiently guide decision making.
Planning at Different Level in the Firm
Strategic planning involves long-term goals at the top level of an organization. Tactical planning refers to middle-level procedures that transform strategic plans into specific goals. Operational planning involves routine tasks at the lower levels. Managers at different levels can provide input to strategic plans, which must align with organizational goals. CEOs ensure open communication and awareness across all levels.
Process of planning
in business organisation Process of planning is very important Management study online, Important Steps or Techniques or process of Planning.
Planning ppt on 11 2-12
Planning is the fundamental function of management that involves anticipating the future and determining a course of action to achieve goals. It is goal-oriented, primary, pervasive across managers and organizations, intellectual involving imagination and adjustment, continuous as assumptions change, forward-looking to consider the future, and involves choice through decision making. The objectives of planning are to focus on objectives and results, reduce uncertainty and change, provide direction, encourage innovation, help with coordination, guide decision making, enable decentralization, provide economy, and facilitate control.
Planning : Management Function
Planning is a systematic process of analyzing opportunities to achieve agreed upon business objectives by evaluating alternatives and selecting courses of action. It is goal-oriented, forward-looking, and continuous. Effective planning provides direction, coordination, and a framework for decision-making to increase organizational effectiveness and efficiency. It is a prerequisite for success in today's competitive environment.
Nature and concepts of planning
The document discusses the concepts and types of planning. It defines planning as the process of thinking about and organizing activities to achieve goals. There are different types of plans including:
- Strategic plans which are long-term plans created by top managers to achieve organizational goals.
- Tactical plans which support strategic plans by translating them into specific area plans.
- Operational plans which focus on procedures and processes at the lowest organizational levels.
- Contingency plans which provide alternative courses of action if original plans fail.
The document also outlines characteristics and principles of effective planning such as being future oriented, goal focused, and requiring teamwork. Barriers to planning include the time and expense required as well as potential restrictions
Planning
This document discusses the importance of planning and outlines the planning process. It defines planning as deciding actions in the present to achieve future objectives. Good planning is objective-oriented, continuous, flexible, and helps coordinate efforts across an organization. The planning process involves analyzing the environment, setting objectives and forecasts, evaluating alternative actions, and establishing programs to implement the selected plan. Periodic review allows plans to adapt to changing circumstances. Failing to plan properly can lead an organization to fail to achieve its goals.
Chapter 3 - Planning
Planning is the process of setting organizational goals, strategies, and plans of action to achieve those goals. It provides direction, reduces uncertainty, and minimizes waste. Plans can vary in comprehensiveness, time frame, specificity, and frequency of use. Strategic plans apply to the entire organization while operational plans apply to specific units. Planning occurs at all management levels but plans must be related and directed toward the same goals. Forecasting, contingency planning, scenario planning, benchmarking, and participatory planning are important planning techniques. Decision making involves identifying problems, criteria, alternatives, analyzing alternatives, selecting an alternative, implementing it, and evaluating the outcome. Decisions can be structured or unstructured and made under conditions of certainty or
PLANNING
This document provides an overview of planning as a management process. It discusses planning as determining future courses of action, with consideration of objectives, activities, policies, and timing. Key features of planning discussed include it being a process, primarily concerned with the future, involving alternative selection, and undertaken at all organizational levels. The importance of planning is outlined in terms of primacy over other functions, offsetting uncertainty, focusing on objectives, coordination, and control. Steps in the planning process and types of plans are also summarized.
Fundamentals of planning (Principles of Management)
This document discusses planning and the planning process. It defines planning as determining how an organization can achieve its objectives and outlines the steps in the planning process. The advantages of planning include helping managers be future-oriented and enhancing decision coordination. Planning involves establishing objectives, considering alternatives, choosing the best path, and implementing plans. The chief executive oversees planning and planners develop organizational plans.
Planning and Decision Making
This document discusses planning and decision making. It defines planning as setting goals and defining activities to achieve those goals. Effective vision and mission statements describe an organization's desired future state and reason for existence. Goals are broader accomplishments while objectives are more specific and measurable. Plans can be strategic, tactical, or operational. The planning process involves formulating goals and objectives, identifying actions, assigning responsibilities, documenting the plan, and reviewing it. Decision making models include rational, intuitive, and predisposed approaches. Structured models like Kepner-Tregoe, Vroom-Yetton-Jago, and OODA Loop are also discussed.
PLANNING IN MANAGEMENT,DEFINITION CHARACTERISTICS, IMPORTANCE AND LIMITATIONS
Planning is the primary function of management and involves determining the best course of action in advance to achieve organizational objectives. Planning has several key characteristics including being an intellectual process that looks to the future, being continuous, and being required at all levels of management. Planning provides advantages such as better resource utilization, minimizing uncertainties, and improving competitive strength. The planning process involves analyzing internal and external environments, setting objectives, developing alternative courses of action, and carrying out the chosen plan.
Planning
Planning being the fundamental function of management, it explains the meaning, process and types of plans.
Unit 7 controlling
This document discusses the concepts of controlling and the relationship between planning and controlling. It defines controlling as a process of monitoring performance and taking action to ensure desired results. Controlling is a continuous, dynamic, action-oriented, and forward-looking process exercised at all levels of management. The key steps in controlling are establishing objectives and standards, measuring actual performance, comparing results to objectives, identifying deviations, and taking corrective action. Planning precedes controlling and provides the basis for it, while controlling ensures plans are implemented properly and kept on track. Planning and controlling are interdependent and mutually reinforcing functions.
Fundamentals of Planning
Managers plan to set objectives and determine how to accomplish them. The planning process involves defining objectives, determining the current situation, analyzing alternatives, and implementing and evaluating plans. Managers use various types of plans including strategic, tactical, functional, operational, policies, procedures, and budgets. Useful planning tools include forecasting, contingency planning, scenario planning, and benchmarking. Plans should be well implemented through participatory planning, management by objectives, and ensuring trust and support when full participation is not possible.
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This document discusses planning, including its meaning, nature, importance, advantages, disadvantages, and process. Planning is deciding in advance what to do, how to do it, when to do it and who to do it. It is goal-oriented, pervasive, efficient, helps with coordination and flexibility. Planning helps set objectives, avoid uncertainty, coordinate activities, and run organizations effectively. While planning is important, it can also be costly and delay action. The planning process involves analyzing internal and external environments, setting objectives and forecasts, identifying alternatives, and reviewing plans. There are different types of planning like corporate, divisional, group, and departmental planning.
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Effective planning involves setting SMART goals, exploring options to achieve those goals, creating a detailed plan with milestones and activities, evaluating the plan for risks, getting stakeholder buy-in, implementing the plan, tracking progress, and closing out the plan by documenting lessons learned. The key steps in planning are to gather information, set goals, create the plan, evaluate it, gain approval from stakeholders, implement the plan as intended, monitor it, and conclude by assessing what succeeded and failed. Planning should aim to minimize risks and accommodate changes while keeping the process simple, long-term focused, and with dependencies and contingencies considered.
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This two-day training program provides an overview of planning and organizing skills. Day one covers the fundamentals of management, planning, and applying a six-step planning process. Day two focuses on the definition and key elements of organizing, as well as delegation. Interactive activities are used to apply planning and organizing concepts to the National Integrated Policy Management Operations (NIPMO) work environment. The training aims to help participants effectively plan and manage resources through goal setting, strategy development, and monitoring outcomes.
Planning..
The document discusses various concepts related to planning including:
1. Planning involves establishing goals and determining a course of action to achieve those goals through decision making.
2. There are different types of plans like strategic, tactical, and operational plans developed at the corporate, business, and functional levels.
3. Effective planning is goal-oriented, flexible, comprehensive, and economical. Barriers to planning include external factors and resistance to change.
types of planning
The document discusses different types of plans organizations use for training: short-range and long-range plans. It also outlines key components of planning including objectives, policies, strategies, procedures, programs, budgets, and rules. Objectives are goals or purposes that guide organizations and are essential to the planning process. Policies provide guidance for decision making. Procedures provide step-by-step directions for carrying out activities. Rules define allowed and prohibited behaviors. Programs implement policies to achieve objectives. Budgets allocate resources over different time periods from long-term to current.
Planning
This document discusses various aspects of planning including definitions, types of planning processes, and differences between strategic and operational planning. It defines planning as "the management function that includes decisions and actions to insure future results." There are two main types of planning - strategic planning which establishes long-term direction and priorities, and operational planning which focuses on short-term goals and day-to-day activities. Strategic planning involves analyzing internal/external factors, setting goals and objectives, and identifying strategies, while operational planning develops detailed action plans and controls to implement strategic plans.
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This document provides an overview of planning concepts including:
1) Planning is defined as determining future courses of action in advance and involves setting goals, developing strategies, and creating plans.
2) There are different types of plans including strategic, operational, long-term, short-term, specific, and directional plans.
3) The planning process involves analyzing opportunities, setting objectives, determining premises, evaluating alternatives, selecting a course of action, and implementing and reviewing plans. Barriers to planning and criticisms of overly rigid planning are also discussed.
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Succession planning is a process that identifies, develops, and transitions potential successors for key roles within an organization. Most organizations currently have traditional succession planning processes that identify successors for executive positions. Fewer than 12% of companies have integrated succession management with talent mobility across roles. It is important for succession planning to identify critical positions, assess key talent potential and performance, and develop individual development plans to address any skill gaps through a blend of on-the-job and formal training experiences.
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The fundamentals in this slide presentation are important in understanding the concept of planning, the various types of plans, and the strategic management process
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Managers are responsible for overseeing organizational resources to achieve goals. The four main functions of management are planning, organizing, leading, and controlling. Planning involves setting goals and strategies, organizing establishes the organizational structure, leading provides vision and motivation, and controlling monitors performance. Managers at different levels have varying responsibilities, from first-line managers overseeing operations to top managers establishing company-wide goals. Globalization and technology are changing management roles and requiring new skills.
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Planning a vital tool for every arena of life or business.Be it organization or home we required some kind of planning every now and then.
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Planning and decision making of manager
- 1. PLANNING AND DECISIONMAKING OF MANAGER
- 2. PLANNING “Planning is deciding in advance what is to be done”- Newman
- 3. NATURE OF PLANNING Primacy of planning A continuous process For all managerial function
- 4. WHY DOMANAGERS NEED PLAN? To set directions To get everyone in the same page To simplify decision making
- 6. KINDS OF PLAN Strategic plan TACTICAL PLAN OPERATIONAL PLAN
- 7. TIME FRAME FOR PLANNING LONG TERMPLAN MIDTERMPLAN SHORT TERMPLAN
- 10. DECISIONMAKING Decision making is the process of choosing the best option from a set of alternative.
- 11. TYPES OF DECISIONS • PROGRAMMED DECISION • NON PROGRAMMED DECISION
- 13. 7 STEPS IN RATIONAL DECISION MAKING