Foundations of Planning

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Prepared by:

Muddassir Karnolwal (Adamson Institue)

FOUNDATIONS OF PLANNING

WHAT IS PLANNING? WHY DO MANAGERS PLAN? HOW DO MANAGERS PLAN? ESTABLISHING GOALS & DEVOLOPING PLANS

WHAT IS PLANNING
Planning involves what's to be done and how to be done?

Formal Planning Informal Planning

WHY DO MANAGERS PLAN?


It

provides directions. It reduces uncertainty. It reduces overlapping and wastage. It establishes standards for controlling.

HOW DO MANAGERS PLAN?


THE ROLE OF GOALS AND PLANS IN PLANNING.

GOALS: Desired outcomes of organization. PLANS: How goals would be met?

ESTABLISHING GOALS AND DEVELOPING PLANS


APPROACHES TO ESTABLISHING GOALS:

Traditional goal setting. Means-Ends chain. Management by objectives. Level in organization. Degree of uncertainty. Commitment concept.

DEVELOPING PLANS:

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