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Planning 4

Planning involves deciding how to achieve goals and creating strategies. Types of planning include operational, strategic, long-term, and short-term plans. Kinds of plans are objectives, strategies, policies, procedures, rules, programs, and budgets. Planning occurs at different levels like top-level strategic planning, middle-level tactical planning, and frontline operational planning.

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0% found this document useful (0 votes)
33 views15 pages

Planning 4

Planning involves deciding how to achieve goals and creating strategies. Types of planning include operational, strategic, long-term, and short-term plans. Kinds of plans are objectives, strategies, policies, procedures, rules, programs, and budgets. Planning occurs at different levels like top-level strategic planning, middle-level tactical planning, and frontline operational planning.

Uploaded by

jeannythethird
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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PLANNING

Organization and Management

GROUP 2
Objectives 01

What is Planning?

Table of
02

Content
03
Types of Planning

Kinds of Plan 04
This is the material point that
will be delivered in the
What is Planning in an
presentation. 05
Organization

Planning at different levels


06
in the firms
Objectives 01 Explore the different forms,
stages, and nature of planning;

of this and

Lesson 02 Utilize suitable planning techniques


and tools while making business
choices.

You ought to be aware of the initial


03 managerial role that establishes an
organization's agenda
What is Planning?
Planning is a procedure that includes deciding how the
company wants to attain its goals, creating plans of action
or strategies that managers plan to employ to do so, and
determining the organization's goals.
Types of Planning
Organization Plan - An extensive plan for the entire company that addresses the time frame,
particular goal, usage frequency, and other issues.
Strategic Plan - Plans that set the business's general goals and apply to the whole company;
they are wide-ranging and within the responsibility of the President or Chief Operating Officer
of the organization, as well as several managers.
Operational Plan - Plans whose scope is limited to a certain unit area
restricted and created by management by a lower level managers.
Long-Term Plan - Plans that are longer than three years; each person has to be aware of the
Long-term strategies of the organization to prevent uncertainty that might deflect
the focus of the organization's members.
Short-Term Plan - plans that last a year or less; these are the responsibility of the
unit/department heads and must help achieve long-term objectives.
Directional Plans - flexible or just provide broad recommendations; nevertheless, flexible and
Generally speaking, these plans still need to be connected to the strategic plans.
Specific Plan - Flexible or just provide broad recommendations; nevertheless, flexible and
Generally speaking, these plans still need to be connected to the strategic plans.
Types of Planning
Single-Use Plans - Methods that are utilized or expressed just once since they pertain to the whole
organization; see the business's operating plans.
Standing Plans - Constant strategies that offer direction for many tasks
repeated; see the operations plans' designated actions.
Kinds of
Objective
Objectives are goals that are easily measurable and stated in specific words.
For instance: Objective: To boost sales

Plan inputs for the year.

Goal: To boost sales by 10% over the previous


Strategies
Mission/Purpose Described as figuring out the basic long-term goals of a company, as well as the
It defines the basic role of the utilization of action and distribution of resources required to achieve objectives.
organization,
certain duty that it needs to carry out. The goal of strategies is to define and express the image of the intended type of
organization through a set of primary goals and guidelines.
Goal/Objective
Policies
These are the outcomes or These are very detailed plans that
accomplishments that outline some tasks that need to be
effort is focused completed.
Goals Procedures
Procedures serve as guidelines for the necessary chronological orders of
Include statements on the goals behaviors that businesses watch as they work.
and missions of the As an example, the order-processing process of a manufacturing corporation
structure from a wider angle encompasses the following departments: sales, finance, accounting, production,
and shipping.
Rules

Kinds of The most basic kind of plans are general rules, which specify certainly necessary
action or lack of action.

Plan
Rules are directives issued by an agency that dictate behavior that staff members
must follow without giving a time frame.

A rule's basic characteristic is that it expresses a managerial judgment about which


activities are required or not.

Programs
Programs stick to plans or schedules. It includes objectives, policies, practices, guidelines, directives, assignments, tasks, and
other materials required to carry out a certain plan of action supported by funding.
For example:
recruiting and educating employees in order to further their careers.

Budget
A budget is a breakdown of anticipated income and spending. It is a numerically represented statement of the expected
results. A budget might address operations, and show investments in capital, and monetary movements. A budget Is
often prepared ahead of time.
Planning at
Different
Levels in the
Firm
Next slide
TOP-LEVEL The first step is to define the organization's vision, values,
goals, and objectives, as well as the primary objectives linked
MANAGEMENT to maintaining the stability of the company and enhancing its
organizational culture, values, and growth.
PLANNING among other things, productivity, profitability, efficacy, and
efficiency.
(STRATEGIC Long-term choices will be made based on this strategy, which
serves as the organization's basic framework. A plan's duration
PLANNING) might be two, three, five, or ten years.

VISION

MISSION

VALUES

0 5 10 15 20 25
VISION A vision of the organization's future that the staff and management of the
business have in mind
In five years, where does the organization want to be? How does it wish to affect
global affairs?

MISSION The scope of an organization's activities and its primary objective


It is a more grounded summary of the organization's goals and objectives. Why
is the company even in business? What does it hope to accomplish by existing?

VALUES I motivate. Beyond all expectations. Create something new. Remain simple.
These principles will direct supervisors and shape the kind of workers you
choose to hire.
MIDDLE-LEVEL FRONTLINE/LOWER-
MANAGEMENT LEVEL MANAGEMENT
PLANNING PLANNING
(TACTICAL (OPERATIONAL
PLANNING) PLANNING)
The strategies the organization The daily operations of the business are
intends to employ to fulfill the goals outlined in this strategy. An operational
stated in the strategic plan are plan provides a roadmap for achieving the
detailed in this plan. It is a low-level, tactical objectives insidean idealistic time
period.
short-term plan (less than a year) that
divides the overall goal statements
It involves figuring out the precise steps
into more manageable parts. and procedures that lower-level employees
manageable portions. It focuses on the of the business must follow. This also
important tasks that each unit has to includes regular duties that lower-level
do to fulfill its portion of the strategic units of the organization perform on a
plan's objectives. regular basis.
Thank You
Hopefully, this presentation can make our
understanding even better!!
1-9. give atleast 9 types of planning
10. goals that are easily measurable and stated in specific words.
11. These are very detailed plans that outline some tasks that need to be completed
12. serve as guidelines for the necessary chronological orders of behaviors that
businesses watch as they work.
13. The most basic kind of plans are general rules, which specify certainly necessary
action or lack of action.
14. The most basic kind of plans are general rules, which specify certainly necessary
action or lack of action.
15. Described as figuring out the basic long-term goals of a company
16. These are the outcomes or accomplishments that effort is focused
17. The most basic kind of plans are general rules
18. It is a numerically represented statement of the expected results.
19-21.give the 3 planning and different levels in the firm

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