Professional Documents
Culture Documents
PPM
PPM
HELLO!
Presented by
Debasish
Omid
Manvir
Lakhan 2
Meaning
3
Definition
4
Nature
5
IMPORTANCE
6
Types of planning
▰ Operational planning
▰ Strategic planning
▰ Tactical planning
▰ Contingency planning
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Operational Planning
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Process of Planning
12
Process of Planning
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STEP 1- Determination Of Objectives
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STEP 2- Establishment Of Planning Premises
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STEP 3- Selection of the Best Plan from the
Alternatives Available
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STEP 4 Timing and Sequence of Operation
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STEP 5- Estimation of Future Events
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STEP 6- Follow Up Action
▰ Follow up action is also needed for seeing through the plan during
the course of implementation.
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WHAT ARE OBJECTIVES ?
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MANAGEMENT BY OBJECTIVE
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WHAT IS M.B.O?
▰ Better Managing: MBO results in improved and better managing. Better managing
requires setting goals for each and every activity and individual and ensuring that these
are achieved.
▰ Clarifying Organisation: MBO helps in clarifying organisational roles and structures.
Responsibility and authority are assigned as per the requirements of the tasks assigned.
There is no use of fixing objectives without delegating requisite authority.
▰ Encouraging Personal Commitment: The main benefit of MBO is that it encourages
personnel to commit themselves for the achievement of specified objectives.
▰ Developing Controls: MBO mechanism helps in devising effective controls. The need
for setting controls is the setting of standards and then finding out deviations if any.
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WEAKNESSES OF M.B.O
▰ Failure to Teach MBO Philosophy: The success of MBO will depend upon its
proper understanding by managers.
▰ Failure to Give Guidelines to Goal setters: If the goal setters are not given
proper guidelines for deciding their objectives then MBO will not be a
success.
▰ Difficulty in Setting Goals: The main emphasis in MBO technique is on set
ting objectives. The setting of objectives is not a simple thing. It requires lot
of information for arriving at the conclusions.
▰ Danger of Inflexibility: There is a tendency to strict to the objectives even if
there is a need for modification. 25
STRATEGY
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ELEMENTS
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NATURE OF STRATEGIC PLANNING
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PHASE OF STRATEGIC PLANNING
▰ FORMULATION OF STRATEGIES
▰ IMPLEMENTATIONS
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ESTABLISHMENT OF STRATEGIC INTENT
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FORMULATION OF STRATEGIES
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IMPLEMENTATION
▰ ACTIVATING STRATEGIES
▰ DESIGNING THE STRUCTURE, SYSTEM AND PROCESS
▰ MANAGERIAL BEHAVIORAL IMPLEMENTATION
▰ MANAGING FUNCTIONAL IMPLEMENTATION
▰ OPERATIONALISING STRATEGIES
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PERFORMING STRATEGIC EVALUATION AND
CONTROL
▰ REFORMULATING STRATEGIES
33
THANK YOU
34