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Nature, Purpose & Framework of Planning & Types of Plans

This document provides an overview of planning as a basic managerial function. It discusses the nature, purpose, and framework of planning as well as different types of plans. The presentation covers key aspects of planning including its definition as a process of thinking before doing, the steps involved, and purposes of planning such as effective forecasting and providing performance standards. Different types of plans like mission, objectives, strategies, and policies are outlined. The document also discusses advantages and limitations of planning and concludes with the importance of planning for organizational performance.

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Pankaj Dogra
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30 views

Nature, Purpose & Framework of Planning & Types of Plans

This document provides an overview of planning as a basic managerial function. It discusses the nature, purpose, and framework of planning as well as different types of plans. The presentation covers key aspects of planning including its definition as a process of thinking before doing, the steps involved, and purposes of planning such as effective forecasting and providing performance standards. Different types of plans like mission, objectives, strategies, and policies are outlined. The document also discusses advantages and limitations of planning and concludes with the importance of planning for organizational performance.

Uploaded by

Pankaj Dogra
Copyright
© Attribution Non-Commercial (BY-NC)
Available Formats
Download as PPT, PDF, TXT or read online on Scribd
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TOPIC FOR PRESENTATION:

NATURE, PURPOSE &


FRAMEWORK OF PLANNING;
&
TYPES OF PLANS

PRESENTED BY:
GOURAV GUPTA
ROLL NO. 07
BIBLIOGRAPHY & REFERENCES
 Harold Koontz , Heinz Weihrich ; 2001,
MANAGEMENT , 10th Edition , Tata McGraw-Hill
 Stephen P. Robbins , David A Decenzo; 2001;
MANAGEMENT, Pearson Education
 Mahajan . M; 2004 , INDUSTRIAL ENGINEERING &
PRODUCTION MANAGEMENT, Dhanpat Rai & Co.
 MANAGEMENT FUNCTIONS & BEHAVIOUR,MS-
1;1997,IGNOU
………………….
BIBLIOGRAPHY & REFERENCES

 www.wikipedia.org/wiki/planning

 http://en.wikipedia.org/plans_types

 www.google.co.in

 www.wikipedia.org/wiki/management
PLANNING

PLANNING IS A BASIC MANAGERIAL FUNCTION


PLANNING
IT IS A PROCESS WHICH INVOLVES
“ THINKING BEFORE DOING ”
 WHAT TO DO
 WHEN TO DO
 WHERE TO DO
 WHY TO DO
 HOW TO DO
 WHO WILL DO
NATURE OF PLANNING

 Contribution to MISSIONS & OBJECTIVES


 PRIMACY among the MANAGER’S TASKS
 PERVASIVENESS OF PLANNING
 EFFICIENCY of RESULTING PLANS
STEPS IN PLANNING
 AWARENESS OF OPPORTUNITIES
 ESTABLISHMENT OF OBJECTIVES
 DEVELOPMENT OF PREMISES
 DETERMINATION OF ALTERNATIVE COURSES
 EVALUATION OF ALTERNATIVE COURSES
 SELECTION OF A COURSE
 FORMULATION OF SUBSIDIARY PLANS
 BUDGETING
STEPS IN PLANNING
PURPOSE OF PLANNING

 EFFECTIVE FORECASTING
 PROVIDES PERFORMANCE STANDARDS
 PROVIDES ECONOMY IN THE MANAGEMENT
 HELPS ORGN TO TUNE WITH ENVIRONMENT
 PROVIDES CERTAINTY IN THE ACTIVITIES
 PROVIDES SPECIFIC DIRECTION TO ORGN
 IT IS DIRECTED TOWARDS EFFICENCY
TYPES OF PLANS
 PURPOSES / MISSION
 OBJECTIVES / GOALS
 STRATEGIES
 POLICES
 PROCEDURES
 RULES
 PROGRAMS [single use plan]
 BUDGETS [single use plan]
ADVANTAGES OF PLANNING
 Maximum utilization of Resources
 Minimization of Unproductive work
 Reduces Uncertainty
 Provides basis for Managerial actions
 Basis for Control
 Avoid Bottlenecks in Production
 Encourages Innovation & Creativity
 Give Competitive edge to Enterprise
LIMITATIONS OF PLANNING

 Costly Affair
 Influenced by External affairs
 Limitations of Forecast
 Resistance to change
 Rigidity & Inflexibility
DOES PLANNING IMPROVES
ORGANISATIONAL
PERFORMANCE ?
CORPORATE CASE
ENRON CORP. [A HOUSTON BASED ENERGY CO. ]
 PLANNING SUGESSTED THAT IT IS A GOOD DEAL
 $2.8 BILLION CONTRACT TO BUILD DABHOL POWER PLANT
 PROJECT CANCELLED AS A RESULT OF ‘A RISING BACKLASH
AGAINST FOREIGN INVESTMENTS’

INFERENCE : WHEN UNCERTAINITY IS HIGH , THERE IS NO REASON TO


ANTICIPATE THAT ORGANISATIONS THAT PLAN WILL OUTPERFORM
THOSE THAT DO NOT
CONCLUSION

‘FAILURE TO PLAN IS
PLANNING TO FAIL’
THANKS TO YOU ALL
QUESTIONS & QUERIES ????

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