Professional Documents
Culture Documents
MEANING :
Planning is the function that determines in
advance what to do , how to do and who is
to do it.
STEPS IN PLANNING
Identifying goals
Developing Planning Premises
Determine Alternative Courses of Action
Evaluate the Alternatives
Select a course of Action
Formulate derivative Plans
NATURE
Goal oriented
Primary function
Intellectual or rational process
Continuous Process
Forward looking
Involves choice
Directed towards goals efficiency
IMPORTANCE :
Focuses attention on objectives and results
Reduces uncertainty and risk
Provides sense of direction
Encourages innovation and creativity
Helps in coordination of activities
Guides decision making
Basis for decentralisation
Provides efficiency in operations.
STRATEGIC PLANNING
What is strategy ?
Course of action that defines and achieves organizations
objectives and implements its missions.
What is Strategic Planning?
Planning for strategies and implementing them to achieve
organizational goals.
Features :
Process of questioning
Time horizon
Pervasive process
Continuous process
Co-ordination
ORGANISING
CONCEPT OF ORGANISATION
Organization as a Structure: refers to
network of relationships among jobs and
positions in the organization.