Hierarchy of Plannning

This slide will walk you through the hierarchy of planning. Differences between:
1) Plan and Strategy
2) Mission and Vision
3) Rules and Policies

1. Hierarchy of Planning By Ujjwal Shakya [email protected]

2. Plan Creating a diagram or a list of steps to achieve a goal process of making plans for something, planning

3. Mission Reason for existence Developed by top level management

4. Vision Long-term objectives Specifies what the strategy is meant to achieve

5. Goals Planned results Objectives

6. Strategies Master plan to achieve goals Sets the course of action to the goal

7. Policies Guideline for decision making Makes sure decisions made support the mission

8. Procedures Sequential steps in detail to complete a task “How a policy should be carried out?”

9. Rules Detailed guides to act

10. Programs Has own goals, procedures, resource flow Related actions planned to accomplish a mission

11. Budgets Financial plan Allocation of resource Measures actual performance

12. Q/A

13. Plan vs. Strategy Plan says, “Here are the steps” Strategy says, “Here are the best steps”

14. Mission (Present) vs. Vision (Future) Mission answers, “Why do we exist?” Vision answers, “ What will the future look like as we fulfill our mission? What will be different? ”

15. Rules vs. Policies Rules are clear instructions that must be followed by the entities . Policies relates to how the rules are going to be implemented.

16. Thank You For Your Time