welco

Ourme to
GROUP
PRESENTATION
 table
of
CONT
ENT
DEFINITION
of
OVERVIEW
OF THE
PLANNING PLANNING
DIFFERENCE PROCESS
LEVELS OF
BETWEEN PLANNING IN
GOALS AND THE FIRM
what is
PLANNI
NG?
It is the process of determining objectives and orgnizational
goals, establishing strategies for accomplishments those goals
and developing, integrating coordinated activities in the
organizations to achieve those goals. It is also the crucial and
essential part of management.
reasons why
IS
planning
IMPORTA
• It provides direction to all of the organization's
human resources;
NT?
• managers and employees;
• and it reduces uncertainty and minimizes waste
of time;
• effort and resources; and
• establishing goals and standards during planning
may be used for controlling, another managerial
function.
what will
WITHOUT
happen
PLANNING?
Goals and standards will not be present and
controlling will not be possible since there will be
no standards to compare or assess work effort
with.
difference between goals and
plans
GOALS PLANS
targets that management best described as steps and
desires to reach; the desired actions that we required to
results or objectives that achieve goals.
members in an orgaization are
pursuing.
 overview of
PLANNING
the
ste p s in p l a n ni n g PROCESS
m an a g e ria l le v e l o f
pa rtic ula r re le v an c e
time fram e/du ration

• set mission/vision top very long-terms 5-10 years

• set strategic goals/plans top/middle 5 years

• set operations middle/lower annually/quarterly

goals/plans ongoing/monthly/
• monitor everyone quarterly/annually
LEVELS OF PLANNING
IN THE FIRMFRONTLINE/
TOP-LEVEL MIDDLE-LEVEL
LOWER-LEVEL
MANAGEMENT MANAGEMENT
MANAGEMENT
PLANNING PLANNING
PLANNING
(STRATEGIC (TACTICAL
(OPERATIONAL
PLANNING) PLANNING)
PLANNING)
 a goal
without a
is just a wish
plan