Professional Documents
Culture Documents
Chapter 2 - Planning
Chapter 2 - Planning
Planning
FUNDAMENTALS
OF MANAGEMENT (MGT 162)
Learning Objective
Concept of planning
Benefits of planning
Types of planning
Reduce Overlapping
Standing plan
3 types of standing
(Deals with the plan plan
that recur frequently)
Procedure
Policy
plan that specifies how Rules
general guidelines for
to proceed in a specific detailed and specific
decision making within
situation that routinely regulation for action.
the organization.
arises
Single Use Plan
Program
Project Budgets
plan that govern a
plan that direct the efforts plan that specify how
comprehensive set of
of individuals or work group financial resources should
activities designed to
towards the achievement of be allocated.
accomplish a particular sets
goals
of goals.
Barriers to effective planning
Lack of commitment
Resistance to change
Inappropriate goals