types of plans in principles of management
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Presentation related to types of plans in an organizationTRANSCRIPT
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Planning & Types of PlansPlanning & Types of Plans
Presented By:Presented By:
Swati.S.KulkarniSwati.S.Kulkarni
MBA-IMBA-I
(Roll Number: 22 )(Roll Number: 22 )
Presented To:Presented To:
Prof. Anuradha Gaikwad.Prof. Anuradha Gaikwad.
MBA Unit, Shivaji University MBA Unit, Shivaji University
Kolhapur.Kolhapur.
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Plans are nothing Planning is every thing!
Definition:Planning is that function of management in
which a conscious choice of patterns of influence is determined for decision-makers so that the many decisions will be coordinated for some period of time & will be directed towards the chosen broad goals.
by Joseph.L.Massie.
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Plan
Is a pre-determined course of action.
•It brings orderliness.
•Avoids confusion.
•Gives better use of resources.
•Cuts waste.
Plans are changed or modified but
not abandoned.
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Types of Plans
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Classification on the Basis of Classification on the Basis of Use.Use.
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Single Use or One Time Plan
It is specifically designed to meet the
needs of a unique situation and is
created in response to non-
programmed decisions that managers
make.
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Standing Plans
Ongoing plans that provide guidance for
activities repeatedly performed and are
created in response to programmed
decisions that managers make.
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Non-Programmed Decision
Unique decisions that require a
custom-made solution.
Programmed Decision
A repetitive decision that can be handled
by a routine approach.
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Classification on the Basis of Classification on the Basis of Functional Areas.Functional Areas.
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Subject Plans
These plans are limited to one
particular aspect of an organization’s
activates.
Examples:
Marketing
Production
Recruitment
Financial
Manpower etc
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Classification on the Basis of Classification on the Basis of Time.Time.
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Long–Term Plans
Plans that are formulated to extend
up to beyond five years.
Middle-Term Plans
Plans made to study the impact of
advertisement campaign on expansion of
business into new markets or on sales.
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Short Term Plans
Plans that are formulated to cover a
period of less than one year.
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Classification on the Basis of Classification on the Basis of levels in the Organization.levels in the Organization.
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Strategic plans
These plans are organization–wide,
establish overall objectives and
position an organization in term of its
environments. Operational Plans
Plans that specify details on how
overall objectives are to be achieved.
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Tactical Plans
These plans are intended to achieve the
tactical goals of an Organization. These
are related to the departmental goals.
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Planning is base for every Planning is base for every business organization. without business organization. without planning its difficult to succeed.planning its difficult to succeed.
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