PLANNING TYPES

Management by objectives
Single-use Plans
Standing Plans
Contingency Plans

MANAGEMENT BY
OBJECTIVES
Method whereby managers and employees define goals for every project,
person and management and use them to monitor performance.
Includes four major activities and they are setting goals, developing action
plans, reviewing progress and appraising overall performance.
This application must fit the needs of each company.
Managers believe that they are better oriented toward goal achievement.
Also has benefits and problems.
CONT

SINGLE-USE PLANS
Develop to achieve a set of goals that should not be used in the
future.
Typically include both programs and projects


Program Project
Take so many years to do something.
Converting all paper files to
digital.
Something that should be able to be
done.
Renovating the office

STANDING PLANS
FOR TASKS PERFORMED
REPEATEDLY
Three types
Policy is a general guide to action and boundaries within which
to make decisions. (sexual harassment policy)
Rule describes how a specific action is to be performed. ( NO
eating or drinking rule while using computers)
Procedure involves a series of steps to reach goals. (
Procedure issuing refunds)

CONTINGENCY PLAN
THE RESPONSE TO A SITUATION-
UNEXPECTED CONDITIONS
Managers identify important factors in the environment these
includes economic downturns, declining markets, increase the
cost of supplies, new technological developments or safety
accidents.
This happens then they forecast a range of alternative
responses that is suitable.