types of planning

types of planning

• 1.
  Submitted to: Dr. Inderpalsingh Submitted by: Harjeet Kaur(1178252) Heena(1178253)
• 2.
  There are twotypes of plans that relate to training: SHORT-RANGE PLANS LONG-RANGE PLANS
• 3.
  Purpose or Mission Objectives Policies Strategies Rules Proedures Programmes Budgets LongTerm plan Short Term plan
• 4.
  The basic questionsto be answered by an organisation are:  What business we are in?  What will our business be?  Who are our customers?  What are our values and beliefs?  What will be due utility to the society? And so on
• 5.
   Objective aregoals, aims or purposes that organisation wish over varying periods of time  No Planning is possible without setting up of Objectives.  Objectives are realted to the future and are an essential part of the planning process  Goals and Objectives Should Be SMARTER Specific Measurable Acceptable Realistic Timeframe Extending Rewarding
• 6.
   Policies aregeneral statements or understandings which provide guidance in Decision Making to various managers.  Policies define boundaries within which decisions can be made and decision are directed towards the acheivements of objectives.
• 7.
   Outline howyou will achieve your goals  The cluster of decisions and actions that managers take to help an oraganization reach its goal  refers to a Plan of action designed to achieve a particular Goal
• 8.
   Procedures aredetails of action or the guidelines for the achievement of business objectives.  Procedures give detail of how things are to be done  Policies also determine the policy of responsibility and accountability  A procedure is a set of step-by-step directions that explains how activities or tasks are to be carried out.
• 9.
   A Ruleis definite and rigid and allows no deviation or discretion to the Suboedinates.  Rules channel the behaviour of workers in a desired direction  A rule is an explicit statement that tells an employee what he or she can and cannot do. Rules are “do” and “don't” statements put into place to promote the safety of employees and the uniform treatment and behavior of employees.
• 10.
   A Programis a sequence of activities designed to implement policies and accomplish objectives.  Program may be taken as a combination of Policies,procedures,rules,budgets,task assignment , etc developed for specific purpose of carrying out a particulars course of action.
• 11.
   A pre-determinedstatement of management policy during period which provides a standard for comparison with the results actually achieved  There should be an active invlovement of top management while preparing a budget.
• 12.
  • Long Term Budgets Varies between5- 10 years Done by top level manageme nt • Short term Budgets Generally for 1 or 2 years Eg Sugar,cotto n,textileet c • Current Budgets Generally of Months and weeks Relate to the current activities of the business.
• 14.
  Fixed Budgets Flexible Budgets
• 15.
  We must planfor the future,because people who stay in the present