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FOUNDATIONS OF PLANNING
We can proper define planning as: ,[object Object],[object Object],[object Object]
Why Plan ? ,[object Object],[object Object],[object Object],[object Object]
Relationship between Planning & Performance ,[object Object],[object Object],[object Object]
Elements of Planning ,[object Object],[object Object],[object Object],[object Object],[object Object]
Types of Plan
On the basis of Breadth   Strategic Plans Plans that apply to the entire organization’s overall goals and seek to position the organization in term of its environment..e.g. A bigger market share, lower costs relative to key competitors, recognition as a leader in technology or product innovation etc. Operational Plans Plans that specify the details of how the overall goals are to be achieved. e.g. an organizations monthly, weekly or day-to-day plans.
On the basis of Specificity Specific Plans   Planes that are clearly defined and that leave no room for interpretation. e.g. a manager who seeks to increase his or her unit’s work output by 8 percent over a given 12-month  period  might establish budgets allocation, procedures  Directional Plans   Plans that are flexible and that set out general guidelines, e.g. instead of detailing increase percentage of output manager formulates the plan for improving profits by 5-10 percent over next 6 months.
Frequency of Use ,[object Object],[object Object],[object Object],[object Object]
On the basis of Time Frame ,[object Object],[object Object],[object Object],[object Object]
Commonly  Short Term Plans  are those which cover a period of less than one year,  Intermediate Term Plans  ranges from one to three years and any plan which exceeds three year is termed as  Long Term Plan .
Planning Process ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Goal Setting Goal setting is first step in planning process.
Approaches of Goal Setting ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
The Downside of Traditional Goal Setting
Approaches of Goal Setting  ,[object Object]
Implementing MBO ,[object Object],[object Object],[object Object],[object Object],[object Object]
The Essential Elements Goal Settings Action Planning Self Control Periodic Review Recycle
[object Object],Goal Setting
Action Planning ,[object Object]
Self Control ,[object Object]
Periodic Reviews ,[object Object]
Problems in Implementation ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Types of Goals Goals may be internal or external but all the profitable or non profitable organizations have a common goal of “ SURVIVAL ”
[object Object],[object Object],[object Object]
Profitability  ,[object Object],[object Object],[object Object]
Growth  ,[object Object],[object Object]
Market Penetration ,[object Object],[object Object]
Leadership   ,[object Object],[object Object]
Productivity   ,[object Object],[object Object]
Client Satisfaction ,[object Object],[object Object],[object Object],[object Object]
Social Awareness  ,[object Object]
Real vs. Stated Goals ,[object Object],[object Object],[object Object],[object Object]
Steps in Goal Settings ,[object Object],[object Object],[object Object],[object Object],[object Object]
1. Review the organizations mission statement ,[object Object]
[object Object],[object Object],[object Object],[object Object]
Components of Mission Statement   ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Major Components and sample extracts   Major components Sample extracts Customers To deliver quality welfare service to New Zealanders in the most co-efficient way and in accordance with the policies of the government. (New Zealand Department of social welfare) The purpose of Motorola is to honourable serve the needs of the community by providing products and services of superior quality at a fair price to our customers. (Motorola) Products or Services We will become a world leader in defining and delivering valued telecommunications services by setting new levels of excellence in service, quality and productivity, through the application of leading-edge technology. (Optus) We deliver service of an international standard in a professional and personalized way. (ANA Hotel, Singapore) Location Sara Lee Corporation’s mission is to be leading consumer marketing company in the United States and internationally. (Sara Lee Corporation) Technology Du Pont is a diversified chemical, energy and specialty products company with a strong tradition of discovery. Our global businesses are constantly evolving and continually searching for new and better ways to use our human, technological and financial resources to improve the quality of life of people around the world. (Du Pont)
Concern for survival To serve the worldwide need for knowledge at a fair profit by gathering evaluating, producing and distributing valuable information in a way that benefits our customers, employees, authors, investors and our society. (McGraw-Hill) Philosophy It’s all part of the Mary Kay philosophy- a philosophy based on the golden rule. A spirit of sharing and caring where people give cheerfully of their time, knowledge and experience. (Marry Kay Cosmetics) Self-concept Crown Zellerbach is committed to rapid competition within 1000 days by unleashing the constructive and creative liabilities and energies of each of its employees. (Crown Zellerbach)  Concern for public image The company feels and obligation to be a good corporate citizen wherever it operates (Eli Lilly & Company) Concern for employees The people of Airways Corporation are qualified, motivated professionals committed to providing- on a sound commercial basis- safe, efficient and cost effective air-traffic management and related services which meet the needs of our customers. We aim to make Corporation the best it can be- to work for and to do business with. (Airways Corporation New Zealand)
2. Evaluate Available Resources ,[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object]
3. Determination of Goals ,[object Object],[object Object]
Characteristics of well- designed goals   (Goals should be Smart) : ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
4.Write down and communicate the goals ,[object Object],[object Object]
5. Review of Results ,[object Object]
Forecasting ,[object Object],[object Object],[object Object],[object Object],[object Object]
Contingency Planning ,[object Object]
Contemporary Issues in Planning (cont’d) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Criticism of Planning ,[object Object],[object Object],[object Object],[object Object],[object Object]

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Foundation of planning

  • 2.
  • 3.
  • 4.
  • 5.
  • 7. On the basis of Breadth Strategic Plans Plans that apply to the entire organization’s overall goals and seek to position the organization in term of its environment..e.g. A bigger market share, lower costs relative to key competitors, recognition as a leader in technology or product innovation etc. Operational Plans Plans that specify the details of how the overall goals are to be achieved. e.g. an organizations monthly, weekly or day-to-day plans.
  • 8. On the basis of Specificity Specific Plans Planes that are clearly defined and that leave no room for interpretation. e.g. a manager who seeks to increase his or her unit’s work output by 8 percent over a given 12-month period might establish budgets allocation, procedures Directional Plans Plans that are flexible and that set out general guidelines, e.g. instead of detailing increase percentage of output manager formulates the plan for improving profits by 5-10 percent over next 6 months.
  • 9.
  • 10.
  • 11. Commonly Short Term Plans are those which cover a period of less than one year, Intermediate Term Plans ranges from one to three years and any plan which exceeds three year is termed as Long Term Plan .
  • 12.
  • 13. Goal Setting Goal setting is first step in planning process.
  • 14.
  • 15. The Downside of Traditional Goal Setting
  • 16.
  • 17.
  • 18. The Essential Elements Goal Settings Action Planning Self Control Periodic Review Recycle
  • 19.
  • 20.
  • 21.
  • 22.
  • 23.
  • 24. Types of Goals Goals may be internal or external but all the profitable or non profitable organizations have a common goal of “ SURVIVAL ”
  • 25.
  • 26.
  • 27.
  • 28.
  • 29.
  • 30.
  • 31.
  • 32.
  • 33.
  • 34.
  • 35.
  • 36.
  • 37.
  • 38. Major Components and sample extracts Major components Sample extracts Customers To deliver quality welfare service to New Zealanders in the most co-efficient way and in accordance with the policies of the government. (New Zealand Department of social welfare) The purpose of Motorola is to honourable serve the needs of the community by providing products and services of superior quality at a fair price to our customers. (Motorola) Products or Services We will become a world leader in defining and delivering valued telecommunications services by setting new levels of excellence in service, quality and productivity, through the application of leading-edge technology. (Optus) We deliver service of an international standard in a professional and personalized way. (ANA Hotel, Singapore) Location Sara Lee Corporation’s mission is to be leading consumer marketing company in the United States and internationally. (Sara Lee Corporation) Technology Du Pont is a diversified chemical, energy and specialty products company with a strong tradition of discovery. Our global businesses are constantly evolving and continually searching for new and better ways to use our human, technological and financial resources to improve the quality of life of people around the world. (Du Pont)
  • 39. Concern for survival To serve the worldwide need for knowledge at a fair profit by gathering evaluating, producing and distributing valuable information in a way that benefits our customers, employees, authors, investors and our society. (McGraw-Hill) Philosophy It’s all part of the Mary Kay philosophy- a philosophy based on the golden rule. A spirit of sharing and caring where people give cheerfully of their time, knowledge and experience. (Marry Kay Cosmetics) Self-concept Crown Zellerbach is committed to rapid competition within 1000 days by unleashing the constructive and creative liabilities and energies of each of its employees. (Crown Zellerbach) Concern for public image The company feels and obligation to be a good corporate citizen wherever it operates (Eli Lilly & Company) Concern for employees The people of Airways Corporation are qualified, motivated professionals committed to providing- on a sound commercial basis- safe, efficient and cost effective air-traffic management and related services which meet the needs of our customers. We aim to make Corporation the best it can be- to work for and to do business with. (Airways Corporation New Zealand)
  • 40.
  • 41.
  • 42.
  • 43.
  • 44.
  • 45.
  • 46.
  • 47.
  • 48.
  • 49.