BE MARKED AND YOU WILL ALSO

SHARE YOUR STUDENT ID & NAME IN

CHAT.
3- FOR QUESTIONS YOU SHOULD BE
USING THE OPTION OF CHAT.
4- ALL THE VIDEOS WILL BE
RECORDED FOR THE OFFICIAL
DOCUMENTATION.
5- ENSURE YOUR MIC SHOULD BE
MUTE.
6- PUT YOUR COURSE PACK ALONG
WITH.
7- PUT YOUR MOBILES ON SILENT.

IMPORTA Instructions for Online

NT Classes
DR. HASSAN SOHAIB MURAD (Late)
 Principles of
Management
Section QCA

CR
ABDULLAH ARSHAD
@ 0344 0466655
FOR UPDATES

numan.aslam@umt.e
Email
du.pk
 PREVIOUS
TOPICS
Decision Making Process
1.Identifying the Problem
2.Identifying Decision
Criteria
3.Allocating Weights to the
Criteria
4.Developing Alternatives
5.Analyzing Alternatives
6.Selecting an Alternative
7.Implementing the
Alternative
8.Evaluating the Decision
 PLANNING
Involves the organization’s goals,
establishing strategies for achieving
those goals, and developing plans to
integrate and coordinate work activities.

FORMAL PLANNING
Specific Goals covering Specific Time
period.
Written and Communicated/Shared with
Members.
 WHY DO MANAGERS
PLAN
Planning
Provides Direction
Reduces Uncertainty
Minimizes Waste and Redundancy
Establishes the goals or standards for
Controlling
 PLANNING &
PERFORMANCE
External Factors
GOALS
Goal (Objectives) are desired
outcomes or targets.
PLANS
Plans are documents that outline
how goals are going to be met.
 TYPES OF GOALS
Financial Goals
Strategic Goals
Stated Goals/Real Goals

Official statements of what an

organization says and wants it various
stakeholders to believe.
Goals that an organization actually
pursues.
TYPES OF PLANS
 TYPES OF PLANS
Strategic Plans
Plans that apply to the entire
organization and establish the
organization’s overall goals.

Operational Plans
Plans that encompass a particular
operational area of the organization.
 TYPES OF PLANS

Long-Term Plans
Plans with a time frame beyond three
(3) years.

Short-Term Plans
Plans covering one year or less.
 TYPES OF PLANS
Specific Plans
Plans that are clearly defined and leave
no room for interpretation.

Directional Plans
Plans that are flexible and set out
general guidelines.
 TYPES OF PLANS

Single Use Plans

One time specific to meet the needs of
unique situation.

Standing Plans
Ongoing plans performed repeatedly.