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03 FUNCTION OF MANAGEMENT Planning PDF
03 FUNCTION OF MANAGEMENT Planning PDF
NATURE OF PLANNING
PLAN
• Provides a methodical way of achieving
desired results.
• It serves as a useful guide for the management.
NATURE OF PLANNING
MIDDLE LOWER
TOP MANAGEMENT
MANAGEMENT MANAGEMENT
Strategic
Intermediate planning Operational planning
planning
Major goals, policies and Contributions that subunits How specific tasks can best
strategies for obtaining can make with allocated be accomplished on time
resources resources with available resources
THE PLANNING PROCESS
Setting Developing
organizationa strategies or Determining Setting
l, divisional, or tactics to resources standards
unit goals reach goals
Figure 2: Planning
THE PLANNING PROCESS
1. Setting of organizational, divisional, and unit goals
SHORT-RANGE PLANS
• Covers a period of less than a year
LONG-RANGE PLANS
• Covers a period of more than 1 year
PLANS ACCORDING TO FREQUENCY OF USE
STANDING PLANS
• Policies
• Procedures
• Rules
SINGLE-USE PLANS
• Budgets
• Programs
• Projects