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WHAT IS PLANNING

WHAT IS PLANNING
It is a situation where by the management or person in question take time to analyses current situation in order to  determine ways of reaching or achieving the desired goal in the future. It is actually the beginning of the process of management


PRINCIPLES OF PLANNING
It should be for the right period of time in the future.
Right amount of details should be available.
Availability of alternative course of actions. Two-Three options should be available.
Planning should be base on fact. Availability of fact will help you to plan well.
It should be performed by the right person.
Flexible standard should be follow

PLANNING PROCESS
Establishment of objectives
Identification of opportunities
Selection of alternative course of action
Formulation of specific target
Implementation
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TYPES OF ORGANIZATION PLAN
1. Strategic and Tactical plan
2. Single use plan
3. Programme
4. Project
5. Budget

STRATEGIC AND TACTICAL PLAN: Strategic plan is a type of plan that determine the major goals of the organization and analyses the ways to accomplish them. Tactical plan is a type of plan that harmonize the resources of the organization to achieve the stated goal.

SINGLE USE PLAN: This is type of plan that is use to  carry out course of action that will probably not be repeated. Example: Building a company factory.

PROGRAMME: This is a plan that involves large set of activities.

PROJECT PLAN: This is type of organization plan that can be formulated and implemented  as an independent plan.

BUDGET PLAN:  This  is a statement showing the quantity of financial resources set aside to get a project done




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