Planning is a process of deciding in advance where we want to get to and how we will get there. It has several key characteristics: it contributes to objectives, is a primary management function, is pervasive, futuristic, continuous, involves decision making, and is a mental exercise. The basic planning steps include preparing to plan, analyzing the situation and needs, prioritizing goals and objectives, developing clear objectives, identifying and selecting strategies, implementing the plan, and evaluating the plan. While planning provides direction, reduces risks and waste, and promotes innovation, it also has limitations such as potential rigidity, reduced creativity, high costs, and not guaranteeing success.

1. Rosalie Mariñas
Discussant
RELEVANCE OF
PLANNING AND
PLANNING
STEPS
JO B. BITONIO
Professot

2. WHAT IS
PLANNI
NG?
is a process of deciding in
advance where we want
to get to (our goal)and
how we will get there.
1
helps us to decide what
2 that contribution should
be and how to achieve it.

3. FEATURES/NATURE/CHARACTERISTIC
OF PLANNI
NG:
1. Planning
contributes
to Objectives
1. Planning
contributes
to Objectives
2. Planning is
the Primary
function of
management

4. FEATURES/NATURE/CHARACTERISTIC
OF PLANNI
NG:
1. Planning
contributes
to Objectives
3. Planning
is Pervasive
4. Planning is
futuristic/
Forward
looking

5. FEATURES/NATURE/CHARACTERISTIC
OF PLANNI
NG:
1. Planning
contributes
to Objectives
5. Planning
is
continuous
6. Planning
involves
decision
making

6. FEATURES/NATURE/CHARACTERISTIC
OF PLANNI
NG:
1. Planning
contributes
to Objectives
7. Planning is
a mental
exercise

7. THE BASIC
PLANNING
STEPS

8. St ep 1- Pr epar ing t o pl an – ensur ing
commitment
St ep 2 – Analyze the sit uat ion and needs
St ep 3 – Prioritize and select the goal and
Purpose
Step 4 – Develop Clear Specific Objectives

9. Step 5 – Identify Alternative Strategies
and Select the Most Effective Strategy
Step 6 – Plan implementation
St ep 7 – Pl an f or eval uat ion
Step 8 - Summarize your plan

10. Importance of
Planning

11. 1.Planning provides Direction
2.Planning Reduces the risk of
uncertainties
3.Planning reduces over lapping and
wasteful activities
4. Planning Promotes innovative ideas

12. 5.Planning Facilitates Decision
Making
6.Planning establishes standard for
controlling
7.Focuses attention on objectives of
the company

13. Limitations
of
Planning

14. 1.Planning leads to rigidity
2.Planning may not work in dynamic
environment
3. It reduces creativity
4. Planning involves huge Cost

15. 5. It is a time consuming process
6.Planning does not guarantee
success
7.Lack of accuracy

16. Planning is bringing
the future into the
present so that you
can do something
about it now.”
— Alan Lakein, author

17. THANK
YOU!