Importance of Planning in Management - Desklib

This presentation by Desklib focuses on the importance of planning in management. It covers the different types of plans such as strategic, tactical, organizational, physical, functional, operational, financial, career, and daily work plans. The presentation also includes activities that help in understanding the planning approaches and the selection of the right activity. The references section provides additional resources for further reading.

INTRODUCTION TO MANAGEMENT

 In management, planning is the organizational
process, apprehensive with the important aims for
business's future plans.
 It focuses on the When, where, what, how why, who
and where of objectives.
 Without Planning execution of idea is not possible.
PLANNING

Strategic plans Usually related to long-term goals.
Tactical plans Transform strategies into smaller, achievable
objectives.
Organisational plans Specify the way that organisations are structured.
Physical plans Ordinarily involve layouts, floor designs, and space.
Functional plans Outline roles and purpose of major departments.
Operational plans Documented systems, processes and controls.
Financial plans Budgets and anything related to the bottom line.
Career plans Steps required to achieve a job-related aspiration.
Daily work plans Activities to be performed on any given day.
Types of plans

This type of mistakes can be prevented by implementing
following approaches:
1.Strategic plans
2.Physical plans
3.Organisational plans
Prevention of error through:
1.Strategic plans
2.Tactical Plans
3.Organisational plans
ACTIVITY 1

Prevention of error through :
1.Physical plans
2.Functional Plans
3.Organisational plans
Prevention of error through :
1.Physical plans
2.Organisational plans
3.Daily work plan

Prevention of error through :
1.Strategic plans
2.Physical plans
3.Organisational plans
Prevention of error through :
1.Strategic plans
2.Tactical Plans
3.Organisational plans

Plans Purposes Answer
A. Strategic plans A to-do list. I.
B. Tactical plans A map of a factory floor. D.
C. Organisational
plans
A flowchart. F.
D. Physical plans A balance sheet. G.
E. Functional
plans
A vision and mission statement. A.
F. Operational
plans
A summary of personal strengths and
limitations.
E.
G. Financial plans A staffing chart and related job
descriptions.
H.
H. Career plans A list of departmental responsibilities. C.
I. Daily work
plans
A series of periodic goals and
milestones.
B.
Activity-2

Vision and mission: an activity-3
Bing a head of Uber company the mission is to
give the flexible transportation facility to all by an
effective action, organizational and strategic plan.
Vision: To connect the cities globally and to
bring the rider a updated comfort facilities.

1. What is to be done?
•It should be requisite to identify the problems for an effective paln.
•A proper planning is require in the given case Daily work plans can be use.
•Choosing the option of one movie theater by considering nearby eatable place.
•The collaboration of all the persons is require.
2. What is wrong at present?
•Poor management.
•Lack of coordination
•Lack of management skills
•Lack of planning
3. Who will be affected?
A wrong identification of the problem can affect the others. Example if Sheldon unable to
find the solution then it will other three.
3. What are the gains, losses and risks?
A planning and identification of the problem can help to get good result. The losses occurs
when your decision affect others and without taking risk we cannot able to find the weather
the problem is solvable or not.
Example: Sheldon was confused in the complete conversation and rises negative points
even in correct solution. The can’t able to identify the problem and it looks other to
understand the problem.
ACTIVITY-4
ACTION PLAN: IDENTIFY THE PROBLEM

IMPORTANCE OF THE ACTIVITY
• Trough activity a person can develop confidence and team
work skills.
• It helps to understand the planning approaches to execute
the work.
• Activity creates the Awareness for a specific work.
• It helps to take decisions and deal with difficult situation.
• A proper method can be developed with help of the
activities.

SELECTION OF ACTIVITY
The planning activity is selected by considering
following points:
•Before execution of the project/work, planning is
necessary.
•The planning provides the complete insights of the
work.
•Planning is necessary for obtaining the good result.
•Planning stag is the base for a project
•Detail knowledge can be obtained while doing the
planning.

References:
1.Buono, A.F., 2015. An Introduction to Management
Consultancy. Academy of Management Learning & Education, 14(1),
pp.144-147.
2.Schmitz, J. and Schrader, J., 2015. Corporate social
responsibility: A microeconomic review of the literature. Journal of
Economic Surveys, 29(1), pp.27-45.
3.Bae, H., Lee, S. and Moon, I., 2014. Planning of business process
execution in business process management environments. Information
Sciences, 268, pp.357-369.
4.Jeston, J., 2014. Business process management. Routledge.
5.Van Der Aalst, W.M., La Rosa, M. and Santoro, F.M., 2016. Business
process management.