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BY : LAMECH ADARSH FRANKLIN
MANAGERIAL PLANNING
Planning (also called forethought) is the process of thinking about and organizing the activities
required to achieve a desired goal.
Planning involves the creation and maintenance of a plan. As such, planning is a fundamental
property of intelligent behavior.
TYPES OF MANAGERIAL PLANNING
OPERATIONAL PLANS : The specific results expected from departments, work groups, and individuals are the operational goals
DIFFERENT TYPES OF OPERATIONAL PLANS A. single use
B. continuing
C. policy
D. procedure
E. rule
TACTICAL PLAN : A tactical plan is concerned with what the lower level units within each division must do, how they must do it, and who is in charge at each level.
STRATEGIC PLAN : A strategic plan is an outline of steps designed with the goals of the entire organization as a whole in mind, rather than with the goals of specific divisions or departments. Strategic planning begins with an organization's mission.
CONTIGENCY PLANS : Contingency planning involves identifying alternative courses of action that can be implemented if and when the original plan proves inadequate because of changing circumstances.
SCOPE OF MANAGERIAL PLANNING
A good managerial plan ensures only the work that needs to be done in a company is done. It is the duty of the manager to see to it that he uses
all his resources , plans and ideas in a way wherein which is in the scope of his
management/managerial plans!
STEPS IN PLANNING PROCESS
1. DETERMINATION OF OBJECTIVES
2. COLLECTION AND FORECASTING OF INFORMATION
3. DEVELOPMENT OF PLANNING PREMISES
4. DISCOVERING ALTERNATE COURSE OF ACTION 5. SELECTION OF BEST ALTERNATIVE
6. FORMULATION OF DERIVATIVE PLANS
7. COMMUNICATTING THE PLANS
8. FOLLOW UP MEASURES
BIBLIOGRAPHY Wikipedia
http://www.preservearticles.com/201106168040/what-are-the-steps-involved-in-planning-process.html
http://www.projectmanagementdocs.com/project-planning-templates/scope-management-plan.html
http://www.cliffsnotes.com/more-subjects/principles-of-management/organizational-planning/detailing-types-of-plans
Book by robin sharma , who will cry when you die
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