Professional Documents
Culture Documents
Fundamentals of Planning
Fundamentals of Planning
Fundamentals of Planning
Mamun Muztaba
MC @Bangladesh Institute of Management
CONCEPT OF PLANNING
• “ Planning is the selecting and relating of facts and the making and using of assumption
regarding the future in the visualization and formulation of proposed activities believed
necessary to achieve desired results .”
……….George R .Terry
• Planning is the process of thinking about what you want and how you are going to accomplish it; determining in
advance what is to be done; preparing for the future by making decisions now.
Plan
• A statement of action steps to be taken in order to accomplish the objectives.
Proactive Planning:
• Managers challenge the future, anticipating future contingencies and get ready with
alternative routes for unforeseen circumstances
Reactive Planning:
• Organizations react to events as and when they arise
Specific Plans
• Plans that are clearly defined and leave no room for interpretation
Directional Plans
• Flexible plans that set out general guidelines, provide focus, yet allow discretion in implementation.
6. Policies
• A policy is an organization-level document that prescribes acceptable methods or behaviors. These are the
guiding principles of an organization. Essentially, a policy is simply the way things are done within an
organization. HR policy, Policy manual (gift from suppliers, entertainment from outsiders).