7.planning
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Transcript of 7.planning
PLANNING.
Present by-Pranab sarkar4th sem
MEANING OF PLANINGPlanning is a projected course of
action and through planning we can achieve goal
Planning is deciding in advance what to do, how to do it, when to do it and who to do it.
NATURE OF PLANNINGPlanning is a goal oriented.Pervasiveness of planning.Planning should be efficient.Planning should help in economy.Planning helps in coordination.Planning helps in flexibility.Planning is a primary functionPlanning is all-pervasivePlanning is a continuous processPlanning is forward-lookingPlanning involves choicePlanning is directed toward efficiency
IMPORTANCE OF PLANNINGPlanning helps to set the
objectives.Planning helps to avoid the
uncertainty and change.Planning helps in coordination.Planning helps to make the
control effective.Planning helps to run the
organization effectively.
Importance of planningFocuses attention on objectives
and resultReduces uncertainty and riskProvides sense of directionEncourages innovation and
creativityHelps in co-ordination Guides decision-makingProvide efficiency in operation
ADVANTAGE OF PLANNINGPlanning helps in future change.Planning helps to set up the
standard for organization. Planning says the proper
utilization of resources.Planning helps to win over
competitors and rivals.
DISADVANTAGE OF PLANNING
Planning is costly.Planning delays action.Planning encourage the risk of
uncertainty.Planning cannot change the
organizational rules.
PLANNING PROCESSAnalyze the external environment.Analyze the internal environment.Determining your mission and
objective.Forecasting.Determining your alternative
course of action.Selecting the best performing and
review.
Types of planning
Corporate planning
Divisional or functional planning
Group planning
Group or sectional planning
Group or sectional planning refers to planning for specific groups or section within a department or division .
group or sectional planning are formulated mainly at the opreting level of management . They have to approved by higher authorities.
Departmental or Divisional Planning Such planning includes the
plans formulated for various departments or division of an enterprise. it determines the scope and activities of a particular department.
Departmental or divisional plans are formulated at the middle level of management and approved by the top management.
corporate planning
Planning for the company as a whole is known as corporate planning. It lays down objectives, strategies, and policies for the entire organization.
corporate planning is done at the top level of management.