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Planning

Chapter 3
Prof. Rohan Mehra

Chap 3- Planning Prof. Rohan Mehra 1


Practice MCQ’s
• Which is not a force behind management
thoughts?
a. Political
b. Social
c. Economic
d. None of the above

Ans. d. None of the Above

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Practice MCQ’s
• Which of the below is not a part of
Henry Fayol’s 14 Principles?
a. Scalar Chain
b. Unity of Command
c. Smart Work
d. Unity of Direction

Ans. c. Smart Work

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Learning Objectives
• Explain the Concept of Planning
• List the importance of Planning
• Describe the characteristics of Planning
• Discuss the types of Plans
• Explain the Planning Process
• List the limitations of Plannng

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Definitions
• Planning is the process of thinking about the activities required
to achieve a desired goal. It is the first and foremost activity to
achieve desired results.

• Planning bridges the gap from where we want to go. It makes


possible for things to occur while would not otherwise happen.” –
Koontz and o’ Donnell.

• Peter Drucker defined as “planning is the continuous process of


making present entrepreneurial decisions systematically and
with best possible knowledge their futurity, organizing
systematically the efforts needed to carry out these decisions and
measuring the results of these decisions against the expectation
through organised systematic feedback.”
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Importance of Planning
Forms Goals and Gives Direction

Remains as a continuous Process

Tackles Uncertainty

Minimizes Duplication and Wasteful Activities

Facilitates Decision Making and Co-ordination

Supports and Promotes Innovative Ideas

Sets Standards for Controlling Function

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https://www.youtube.com/watch?v
=4B4blUrQavU

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Characteristics of Planning
Continuous Process

Intellectual Process

Futuristic Approach

Primary Function of Management

Goal Oriented Approach

Flexible Process

Assists Decision Making

Pervasive

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Types of Plans

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Types of Ongoing Plans
Policy Procedure Rule

• It is a broad • It is a standard • It is a
guideline set of directions statement that
followed by that provides a explicitly guides
managers to step wise employees for
deal with instructions of what they can
important carrying and cannot do
aspects and activities or
areas of tasks for
decision achieving and
making. attaining the
organizational
objectives.

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https://www.youtube.com/watch?v
=N3hPiZyEiCE

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Planning Process

Assessing
Available
Alternative Ensuring Co-
Setting Examining Formulating
s and ordination
Organization the Business Secondary Following up
al Objectives Selecting Plans and
Environment Participation
the most
appropriate
Alternative

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Setting Organizational Objectives
• What is to be achieved?
• What actions are to be taken?
• Who is to perform it?
• How is it to be undertaken?
• What should be the timeframe?

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Limitations of Planning
• Time Consuming
• Expensive

• Gap between Targets and Results


• Paperwork

• Problem for Technical Staff


• Resistance Towards Change

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Limitations of Planning
• Reason of Frustration
• Risk of Human Error

• Problem of Over Target


• Problem of Under Target

• Rivalry of Inter- Departments

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Articles
The BCCI also shared their plans for UAE with TOI on Monday, which looks like this:
Bio-Secure Environment
The IPL teams are supposed to create their bio-secure bubble beyond which the players
and support staff will not be allowed to interact. A similar bubble will also be created for
the IPL match officials, the BCCI, the broadcasters and the IMG staff. Nobody will be
allowed to interact with individuals outside their bubble except through pre-appointed
coordinators.

Revenue Pools
There will be no change in the revenue-sharing concept between the BCCI and the IPL
teams

Gate Money
The franchises won’t get any compensation from the BCCI for the loss of Gate Money
(ticket revenue).

Travel & accommodation


All the IPL teams will have to arrange the travel and accommodation-related arrangement
in UAE. However, the apex body will coordinate with UAE authorities to ensure
“discounted hotel rates” for the franchises.

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Articles
Medical assistance
All the IPL teams will have to arrange their own
medical team. Apart from that, BCCI will have a
central medical team as well. Once players & support
staff land in UAE, franchisees would be responsible
for testing. And they have to remain in contact with
the BCCI’s central medical team throughout the
competition.

Player replacement & loaning


The franchises will be free to travel with extra players
as there will be no change in the existing player policy.

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https://www.youtube.com/watch?v
=XhMVWzVXNNk

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