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Planning process, types of planning

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R.Arun Kumar M.E (Ph.D.)
R.Arun Kumar M.E (Ph.D.)

The document discusses the planning process and types of planning. It describes the 10 step planning process which includes situation analysis, identifying opportunities, setting objectives, determining alternative actions, evaluating alternatives, selecting the best alternative, developing derivative plans, implementing plans, and following up. It also mentions different types of goals such as financial goals, strategic goals, stated goals, and real goals. Examples of company goals are provided.

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PLANNING PROCESS, TYPES OF PLANNING R.ArunKumar,AP/Mech,RIT
GOALS:  Goals are also called as objectives.  Goals are desired outcomes or targets.  They guide management decisions and form the criteria against which the work results are measured. R.ArunKumar,AP/Mech,RIT
TYPES OF GOALS:  Financial goal  Strategic goal R.ArunKumar,AP/Mech,RIT
 Stated goals  Real goals R.ArunKumar,AP/Mech,RIT
“To bring inspiration and innovation to every athlete in the world.” R.ArunKumar,AP/Mech,RIT
“To be world’s high performance benchmark independent oil and gas company” R.ArunKumar,AP/Mech,RIT
“To be a global transformation partner” R.ArunKumar,AP/Mech,RIT
PLANNING PROCESS:  Planning is a process which contains number of steps within it.  Planning process differs from organization to organization and from objective to objective.  With some minor modifications, process is applied for all types of plans. R.ArunKumar,AP/Mech,RIT
PLANNING PROCESS: R.ArunKumar,AP/Mech,RIT
PLANNING PROCESS: 1. Situation analysis:  Manager should collate all the information relevant to a given activity for which planning is to made.  Should analyze past experience, current trends and future scope.  Helps to bring the issues and problems related to activity to light. R.ArunKumar,AP/Mech,RIT
PLANNING PROCESS: 2. Identification of opportunities:  The exact planning starts.  Identify the opportunity and carry out SWOT analysis.  If the organization gets positive result, it would pass on to next stage, else the opportunity would be dropped. R.ArunKumar,AP/Mech,RIT
PLANNING PROCESS: 3. Objective setting:  Represents the destination of an organization.  Objectives of an organization and various departments are fixed.  Timeline to finish the objectives are also fixed during this stage. R.ArunKumar,AP/Mech,RIT
PLANNING PROCESS: 4. Planning premises:  Denotes the circumstances under which the planning will be undertaken.  It represents the assumptions that are to be considered. R.ArunKumar,AP/Mech,RIT
PLANNING PROCESS: 5. Determining alternative course of actions:  Requires imagination, foresight and ingenuity.  E.g. To improve productivity and organization can focus on increasing wages or incentives or technology investment, etc. R.ArunKumar,AP/Mech,RIT
PLANNING PROCESS: 6. Evaluation of alternatives:  Analyzing various aspects and results of all the alternatives.  Involves micro analysis of all the alternatives. R.ArunKumar,AP/Mech,RIT
PLANNING PROCESS: 7. Selection of best alternatives:  After micro analysis, the best methodology is preferred for to accomplish the goal of an organization. R.ArunKumar,AP/Mech,RIT
PLANNING PROCESS: 8. Derivative plans:  Organization have to think about secondary or sub plans to accomplish.  E.g. If an organization prefers to provide transport facility instead of outsourcing, then it have to think about financial burden, etc. R.ArunKumar,AP/Mech,RIT
PLANNING PROCESS: 9. Implementation of plans:  Communicating plan to all employees and providing instructions.  Deploying facilities like raw materials, man power, machinery, etc.  Linking implementation with reward system and ensuring execution. R.ArunKumar,AP/Mech,RIT
PLANNING PROCESS: 10. Follow up:  Monitoring the consequences of implementation, so that necessary corrective actions can be to fine tune the plan. R.ArunKumar,AP/Mech,RIT
PLANNING TYPES: R.ArunKumar,AP/Mech,RIT

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Planning process, types of planning

  • 1. PLANNING PROCESS, TYPES OF PLANNING R.ArunKumar,AP/Mech,RIT
  • 2. GOALS:  Goals are also called as objectives.  Goals are desired outcomes or targets.  They guide management decisions and form the criteria against which the work results are measured. R.ArunKumar,AP/Mech,RIT
  • 3. TYPES OF GOALS:  Financial goal  Strategic goal R.ArunKumar,AP/Mech,RIT
  • 4.  Stated goals  Real goals R.ArunKumar,AP/Mech,RIT
  • 5. “To bring inspiration and innovation to every athlete in the world.” R.ArunKumar,AP/Mech,RIT
  • 6. “To be world’s high performance benchmark independent oil and gas company” R.ArunKumar,AP/Mech,RIT
  • 7. “To be a global transformation partner” R.ArunKumar,AP/Mech,RIT
  • 8. PLANNING PROCESS:  Planning is a process which contains number of steps within it.  Planning process differs from organization to organization and from objective to objective.  With some minor modifications, process is applied for all types of plans. R.ArunKumar,AP/Mech,RIT
  • 10. PLANNING PROCESS: 1. Situation analysis:  Manager should collate all the information relevant to a given activity for which planning is to made.  Should analyze past experience, current trends and future scope.  Helps to bring the issues and problems related to activity to light. R.ArunKumar,AP/Mech,RIT
  • 11. PLANNING PROCESS: 2. Identification of opportunities:  The exact planning starts.  Identify the opportunity and carry out SWOT analysis.  If the organization gets positive result, it would pass on to next stage, else the opportunity would be dropped. R.ArunKumar,AP/Mech,RIT
  • 12. PLANNING PROCESS: 3. Objective setting:  Represents the destination of an organization.  Objectives of an organization and various departments are fixed.  Timeline to finish the objectives are also fixed during this stage. R.ArunKumar,AP/Mech,RIT
  • 13. PLANNING PROCESS: 4. Planning premises:  Denotes the circumstances under which the planning will be undertaken.  It represents the assumptions that are to be considered. R.ArunKumar,AP/Mech,RIT
  • 14. PLANNING PROCESS: 5. Determining alternative course of actions:  Requires imagination, foresight and ingenuity.  E.g. To improve productivity and organization can focus on increasing wages or incentives or technology investment, etc. R.ArunKumar,AP/Mech,RIT
  • 15. PLANNING PROCESS: 6. Evaluation of alternatives:  Analyzing various aspects and results of all the alternatives.  Involves micro analysis of all the alternatives. R.ArunKumar,AP/Mech,RIT
  • 16. PLANNING PROCESS: 7. Selection of best alternatives:  After micro analysis, the best methodology is preferred for to accomplish the goal of an organization. R.ArunKumar,AP/Mech,RIT
  • 17. PLANNING PROCESS: 8. Derivative plans:  Organization have to think about secondary or sub plans to accomplish.  E.g. If an organization prefers to provide transport facility instead of outsourcing, then it have to think about financial burden, etc. R.ArunKumar,AP/Mech,RIT
  • 18. PLANNING PROCESS: 9. Implementation of plans:  Communicating plan to all employees and providing instructions.  Deploying facilities like raw materials, man power, machinery, etc.  Linking implementation with reward system and ensuring execution. R.ArunKumar,AP/Mech,RIT
  • 19. PLANNING PROCESS: 10. Follow up:  Monitoring the consequences of implementation, so that necessary corrective actions can be to fine tune the plan. R.ArunKumar,AP/Mech,RIT
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