Professional Documents
Culture Documents
AND
MANAGEMENT
Let’s Hit the
Springboard!
Short Story
THREE FISH LIVED IN A POND. ONE WAS NAMED “PLANNED
AHEAD”, ANOTHER WAS “THINK FAST” AND THE THIRD
ONE WAS NAMED “WAIT AND SEE”.
ONE DAY THEY HEARD A FISHERMAN SAY THAT HE WOULD
BE GOING TO CAST HIS NET IN THEIR POND THE NEXT DAY.
“PLANNED AHEAD” SAID, “I AM SWIMMING DOWN THE
RIVER TONIGHT”.
“THINK FAST” SAID, “I AM SURE I WILLCOME UP WITH A
PLAN”.
“WAIT AND SEE” LAZILY SAID, “I JUST CAN’T THINK ABOUT
IT NOW”.
WHEN THE FISHERMAN CAST HIS NETS “PLANNED AHEAD” WAS ABLE TO ESCAPE FROM HIS NET, BUT “THINK FAST” AND “WAIT AND SEE”
WERE CAUGHT BY THE FISHERMAN.
“THINK FAST” QUICKLY ROLLED HIS BELLY UP AND PRETEND TO BE DEAD.
“OH THIS FISH IS NO GOOD!“ SAID THE FISHERMAN AND THREW HIM SAFELY BACK INTO THE WATER. HOWEVER, “WAIT AND SEE” ENDED UP
IN THE FISH MARKET.
Jumbled letters
NINGLANP
VELEL
SEPTY
UNLOCKING
OF
DIFFICULTIES
PLANNING - Planning is the process of thinking before doing.
TYPES – Category used to identify or describe a characteristics.
LEVEL – Position in terms of Management.
THE NATURE AND
LEVELS OF PLANNING
AND TYPES OF PLANS
Objectives:
• Identify the levels of planning and types of Plan.
• Demonstrate levels of planning and types of plans in
real life situation.
• Appreciate the importance of planning, its level and
types.
DEFINITION OF PLANNING
Planning is goal oriented. A manager cannot do planning unless the goal is specified. Every
step specifies an action plan to be able to attain the desire goal.
Planning is futuristic in nature. Planning means looking ahead.
Planning exists in all managerial activities. It is the primary function of managers at all
levels.
Planning is not a guess word. It is based on facts and information.
Planning is flexible. It is dynamic in a process capable of adjustments by the need and
requirements of the situation.
Significance of Planning in Management
Attainable The goal is very likely to be The goal is quite likely The goal is likely to be The goal is not likely
achieved to be achieved achieved to be achieved
Relevant Actions are useful and Actions are quite Actions are based on Actions are not useful
workable based on facts useful and workable facts but may not be and workable
based on facts useful and workable
Time-bounded Have set a clear time frame Have set a quite time Have time frame and No time frame and
or deadline frame or deadline deadline but not clear deadline
Evaluation
Direction: Read each item carefully and choose the letter of the
best answer. Write your answer in a ¼ sheet of paper.