Comprehensive Overview of Management Theory: Planning, Importance, Types, and Process
Explore the concept of planning in Management Theory, covering its definition, importance, types, and the process involved. Understand how planning is a crucial activity for organizations, helps in achieving objectives, reduces uncertainty, and enhances coordination and effectiveness. Learn about the various types of planning such as Basic, Derivative, Physical, Strategic, and more, along with the steps involved in the planning process from perception of opportunities to follow-up.
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Presentation Transcript
KHATRA ADIBASI MAHAVIDYALAYA E E- -Content Content Department : Commerce Semester: 1 (Ptrogramme) Session: 2017-2018 Subject : Management Theory ( BCOMP 101 C Subject : Management Theory ( BCOMP 101 C- -1A ) Topic: Planning Topic: Planning Name of Teacher : Prof. Kalyan Name of Teacher : Prof. Kalyan Kanti 1A ) Kanti Dutta Dutta
Definition Definition Planning Planning is which which future continuously continuously Planning Planning is set set corporate corporate objectives assessment assessment of of of action action to to accomplish and and long long term term objectives an intellectual intellectual process future courses courses of to to achieve achieve is the the process process by objectives , , make of the the future future add accomplish the objectives offend is an process through of action action all all estimated desired desired by which which managers make add add chart chart courses the various various short offend organization organization. . through estimated results results. . managers add overall overall courses short
Importance of planning Importance of planning 1. Planning is a primary activities of an organization. 2. Planning fulfill the objectives of the organization. 3. It removes the uncertainty. 4. Planning challenging the challenges. 5. Planning helps in co-ordination. 6. It increases in organizatiosnal effectiveness. 7. Planning helps to control to the functions of the organisations. 8. It helps to control. 9. It asistance to decision making. 10.Planning determines the means of utilization of available resourses in an efficient way. 11.Planning determines the process of performance of jobs in a and thus it tries to reduce the cost. planned way
Types of Planning 1. Basic Planning 2. Derivative Planning 3. Physical Planning 4. Standing Planning 5. Functional Planning 6. Master Planning 7. Comprehensive planning 8. Short -range Planning 9. Long-range Planning 10.Strategic Planning 11.Tactical or Operational Planning
Planning Process or Different Steps in the Process of Planning Step 1: Perception of opportunities Step 2: determination of objectives Step 3: Establishment of premises Step 4: Data collection Step 5: Finding out alternative courses of action Step 6: Evaluation and choice of the best alternative courses of action Step 7: Preparation of plans and sub plans Step 8: Scheduling Step 9: Determination of elements and implementation Step 10: Follow -up
