Planning in management Kagermazova Diana IFF 2 -3

Planning in management Kagermazova Diana IFF 2 -3

Types

Plans are nothing !Planning is every thing! O Planning is that function of management in which a conscious choice of patterns of influence is determined for decision-makers so that the many decisions will be coordinated for some period of time & will be directed towards the chosen broad goals. O by Joseph. L. Massie.

O Is a pre-determined course of action. O It brings orderliness. O Avoids confusion. O Gives better use of resources. O Cuts waste. O Plans are changed or modified but not abandoned.

Single Use or One Time Plan O Single-Use Plans O Developed for a one-time, nonprogrammed issue. O Programs: integrated plans achieving specific goals. O Project: specific action plans to complete programs.

Standing Plans O Use in programmed decision situations O Policies are general guides to action. O Rules are formal written specific guides to action. O Standard operating procedures (SOP) specify an exact series of actions to follow.

These plans are limited to one particular aspect of an organization’s activates. O Marketing O Production O Recruitment O Financial O Manpower etc

Classification on the Basis of Time. O Long O Term Plans O Plans that are formulated to extend up to O O beyond five years. Middle-Term Plans made to study the impact of advertisement campaign on expansion of business into new markets or on sales. Short Term Plans that are formulated to cover a period of less than one year.