Managerial Planning By: Sheeba Rehman

Nature of planning
Desired Status

s t a t u s Current Status
T1 Time

Gap Planning Required

T2

Planning at various levels of Management

Corporate or Organisational Level Plans
Divisional Plans Departmental Plans Sectional Plans

Importance of Planning
PLANS
Objectives,& how to achieve them What kind of organisation structure? What kind of people are required? How effectively to lead people? By furnishing standards of control Which helps to know

Necessary for

Which affects the kind of direction In order to assure success of plans

Planning Process
Perception of opportunities Establishing objectives Planning premises Identification of alternatives

Establishing sequence of activities Formulating of Supporting plans Choice of Alternative plans

Evaluation of alternatives

Types of planning

Dimensions
Coverage of activities Importance of contents Time period involved Approach adopted Degree of Formalisation

Type of planning
Corporate and functional planning Strategic/functional planning Long-term/short-term planning Proactive and reactive planning Formal and informal planning

Planning to Effective Planning

Difficulty of accurate premising Problems of rapid change Internal inflexibilities

Psychological inflexibilities Policy and procedural inflexibilities Capital investment

External inflexibilities
Political climate Technological changes Trade unions

Time and cost factors

Making Planning Effective

Linked to long-term objectives Direction for action Consistent Feasible Simplicity Flexible