The document outlines the key steps in the planning process: 1) analyzing the internal and external environment to understand why planning is needed and identify opportunities, 2) setting clear and achievable long-term and short-term objectives, 3) developing planning premises by forecasting factors like market conditions, costs, and economic trends, 4) identifying and evaluating multiple alternatives to achieve objectives, 5) selecting the best alternative based on factors like costs and market conditions, 6) formulating supportive plans to implement the major plan, 7) implementing the plans by informing staff and stakeholders and gathering resources, and 8) reviewing and revising the plans based on their effectiveness. Planning provides benefits like focusing efforts on goals, minimizing uncertainties, and facilitating coordination within

1. PLANNING STEPS

2. ANALYSIS OF ENVIRONMENT
Planner must know that why
planning is needed
What for planning is essential ?
Analyze external and internal
environment
 Find opportunities

3. SETTING OF OBJECTIVES
Objectives should be clear and
achievable
Set the objectives studying weak
and strong aspect
Set long term and short term
objectives
Set accessory objectives
Set departmental objectives

4. enjoy

5. Development of planning premises
 The task of forecasting future action to
achieve objectives is called planning
premises.
 Forecasting market situation, sales
forecasting future cost etc.
 Forecasting economic, social, cultural
political situation etc.

6. Identification of alternatives
Many alternatives to achieve
organizational goal
Harnessing several alternatives
Use wisdom, imagination,
experiences
Take advises from specialist, books
,journal etc

7. Evaluation of alternatives
Analyze the time
Analyze the advantages
Match with objective of
organization
Analyze the cost
Use scientific and practical
technique for evaluation.

8. Selecting the best alternatives
Past experiences
Market condition
Business situation
Effect of the selected alternatives

9. Formulating supportive plan
Prepare different plan for
different action
Supportive plan must co related
to major plan
Separate policy, rules budget
should prepare

10. Implementation of plans
Paper work is implemented
practically
Inform all the staff and concern
stakeholder about plan
Give advises and suggestion to
worker
Gather money machine men for
production and operation

11. Reviewing the planning
Find the effectiveness of plan
and analyze weakness
Do correction for weakness .
Planning is the future course of
action may not match in future

13. NEED FOR PLANNING
 FOCUS ON GOAL
 MINIMIZE UNCERTAIAINITIES
 MAINTAIN EFFECTIVE CONTROL
 INNOVATION AND CREATIVENESS
 ORGANIZATIONAL EFFECTIVENESS
 ECONOMIC IN OPERATION
 FACILITATES COORDINATION
 HELPS TO FACE TO FACE BUSINESS COMPLEXITY