Principal of management Presentation.pptx

data analitics

1. Topic of Presentation – Planning Department – BBA Presentation By Suman Guchait.

2. Concept of Planning :- Planning is a process consisting of various steps. Planning is a commitment to a particular course of action to achieve specific goal. Planning process involves preforming various activities to arrived at what is to be achieved and how to be achieved. Planning involve deciding in advance what to da and hoe to da it so planning decides future course of action which an organizing takes.

3. Nature of Planning :- ֎ Primacy Of Planning. ֎ Rational Approach. ֎ Open System Approach. ֎ Focus On Objective. ֎ Decision Making. ֎ Forward Looking. ֎ Pervasiveness. ֎ Continuous Process. ֎ Flexibility. ֎ Mental Exercise.

4. Importance of Planning :- ֎ Direction for Action. ֎ Reducing Risk Of Uncertainty. ֎ Promoting Creativity And Innovation. ֎ Facilitating Decision Making. ֎ Reducing Overlapping and Wasteful Activities. ֎ Help in Coordination. ֎ Providing Basis for Controlling.

5. Perception of Opportunities Setting Objects Establishing Planning Premises Identify Alternatives Evaluating Alternatives Choosing Alternatives Plan Implementation Follow up Action Planning Process :-

6. Thank You