Nature and purpose of planning

This presentation discusses about nature and purpose of planning in Principles of Management

1. UNIT II – PLANNING
R.Arun Kumar, AP/Mech, RIT

2. SYLLABUS
Nature and purpose of planning – planning process – types of
planning – objectives – setting objectives – policies – Planning
premises – Strategic Management – Planning Tools and Techniques
– Decision making steps and process.
R.Arun Kumar, AP/Mech, RIT

3. Objective:
To study different types of planning, its tools and techniques.




Outcome:
The student will be able to explain the different types of
planning process and tools used for planning.
R.Arun Kumar, AP/Mech, RIT

4. NATURE AND PURPOSE OF PLANNING :
Planning is the most basic form of all management functions.
Everyone used to plan in our day to day activities.
We plan to execute our official work, improvise career, plan our
investment, etc.
R.Arun Kumar, AP/Mech, RIT

5. BOEING 787 AIRCRAFT
R.Arun Kumar, AP/Mech, RIT

6. Planning involves defining the organizations' goals,
establishing strategies for achieving those goals and
developing plans to integrate and coordinate work
activities.
R.Arun Kumar, AP/Mech, RIT

7. Planning is deciding in advance what to do, how to do it, when
to do it, and who is to do it.
Planning bridges the gap from where we are to where we
want to go.
It makes it possible for things to occur which would not otherwise
happen.





- Harold Koontz and Cyril O’Donell
R.Arun Kumar, AP/Mech, RIT

8. In formal planning, specific goals covering a specific period of
time are defined.
Shared among all the members of an organization to reduce
uncertainty and create common understanding about what need
to be done.
R.Arun Kumar, AP/Mech, RIT

9. NATURE OF PLANNING :
1. Pervasiveness:
Occurs irrespective of level of management. Every manager
has a planning function to perform.
R.Arun Kumar, AP/Mech, RIT

10. NATURE OF PLANNING :
2. Primary in nature:
Precedes other functions of an organization.
Without planning other functions of an organization becomes
meaningless.
R.Arun Kumar, AP/Mech, RIT

11. NATURE OF PLANNING :
3. Continuous in nature:
Never ending activity.
R.Arun Kumar, AP/Mech, RIT

12. NATURE OF PLANNING :
4. Flexible in nature:
Future is unpredictable, thus planning must provide enough
room to cope with the changes in global market.
R.Arun Kumar, AP/Mech, RIT

13. NATURE OF PLANNING :
5. Goal oriented:
Carried out to attain the objective of an organization.
Provides guidelines for attaining goals.
R.Arun Kumar, AP/Mech, RIT

14. NATURE OF PLANNING :
6. Integrated process:
Integrates the plans and actions of a manager.
R.Arun Kumar, AP/Mech, RIT

15. NATURE OF PLANNING :
7. Forward looking:
Without planning, business become random in nature.
R.Arun Kumar, AP/Mech, RIT

16. NATURE OF PLANNING :
8. Intellectual process:
Involves brain activity.
R.Arun Kumar, AP/Mech, RIT

17. NATURE OF PLANNING :
9. Factual process:
Process is based on some predictions and past experiences.

R.Arun Kumar, AP/Mech, RIT

18. NATURE OF PLANNING :
10. Effective and efficient process:
R.Arun Kumar, AP/Mech, RIT

19. PURPOSE OF PLANNING :
1. Provides direction:
R.Arun Kumar, AP/Mech, RIT

20. PURPOSE OF PLANNING :
2. Reduces uncertainty:
R.Arun Kumar, AP/Mech, RIT

21. PURPOSE OF PLANNING :
3. Minimizes waste and redundancy:
R.Arun Kumar, AP/Mech, RIT

22. PURPOSE OF PLANNING :
4. Set standards for controlling:
R.Arun Kumar, AP/Mech, RIT

23. PURPOSE OF PLANNING :
5. Provides basis for team work:
R.Arun Kumar, AP/Mech, RIT

24. PURPOSE OF PLANNING :
6. Adaption to change in work environment:
R.Arun Kumar, AP/Mech, RIT

25. PURPOSE OF PLANNING :
7. Improves morale:
R.Arun Kumar, AP/Mech, RIT

26. PURPOSE OF PLANNING :
8. Facilitates decision making:
R.Arun Kumar, AP/Mech, RIT