12/6/2019 Briefly explain the Principles of Planning?

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Briefly explain the Principles of Planning?
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There are several basic principles that have been devised in order to guide the Management?
managers when they are engaged in the process of planning. Some of these
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principles are:-
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1. Contribution to objectives: The plans are made for the purpose of of Communication?
MBA Courses achieving the organizational goals. In this way, both the major as well as the
derivative plans are made with a view to contribute in the achievement of Explain the importance
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organizational goals. It can also be said that the process of planning has to be
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used by the managers as a tool to achieve their goals.
as a social science
Decision Making

Human Resource 2. Primacy of Planning: according to this principle, the process of planning What is Development
of the Team?
Management is the primary function of all the managers. The managers are required to plan
all their actions and then they should proceed with other functions. The other Building of the
Human Resource
Planning and functions of the management should be organized in such a way that the Vocabulary
Development objectives decided by planning can be achieved. Explain the approaches
for Team Development
Management of Conflict
Explain the concept of
Performance Planning
and Potential Appraisal 3. Planning Premises: for the purpose of making the process of planning Delegation
effective, there are certain presumptions or premises that have to be made and
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the planning is undertaken on the basis of these premises. Generally, it has
Management been seen that the plans are not properly structured. The reason behind such a Mbaoffi…
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situation is that the premises are not developed properly. Therefore, this
Motivation principle of planning requires that the situation should be analyzed properly by
the managers that may develop in the future.
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Policy and Strategy

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4. Principle of Alternatives: the process of planning involves the
Jharkhand
development of several alternatives and then the planners select the alternative
Gujarat that is most appropriate for achieving the organizational goals. On the other
Punjab hand, if different alternatives are not developed, it becomes difficult for the
planners to execute the process of planning properly.
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12/6/2019 Briefly explain the Principles of Planning?

5. Principle of timing: the plans have the capability of contributing

significantly in the achievements of the organizational goals if the plans are
properly timed. Therefore the planning premises as well as the policies are not
much helpful if the plans are not properly timed.

6. Principle of flexibility: according to this principle, there should be

flexibility in the plans. This is very important because flexibility allows the
plans to deal with the contingencies that may develop later on. Therefore, the
plans should be adjustable so that they can deal with the changes that may
develop after the plans have been formulated. However, there are certain
dangers associated with flexibility in plans. The managers should be aware of
the fact that the changes may also upset the commitments made earlier.
Therefore the managers have to compare the cost of making changes against
the benefits provided by flexibility.

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7. Principle of comparative strategies: this requires that while

formulating their plans, the managers should also consider the plans made by
their competitors. In this way, the managers should formulate their plans by
considering what the competition would have done in such a case.

8. Principle of commitment: according to this principle, a time frame

should be provided by the plan during which the commitments made in the
plan have to be fulfilled. This commitment allows the managers to achieve the
targets in time.

This article has been written by KJ Singh a MBA Graduate from a prestigious
Business School In India
Article Published:November 19, 2016

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12/6/2019 Briefly explain the Principles of Planning?
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Comments
saitagasaitoti March 21, 2019 at 1:05 am
good user friendly notes

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