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.

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.

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.

Types of Plans

Classification on the Basis of Classification on the Basis of Use.Use.

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.

Standing Plans

Ongoing plans that provide guidance for

activities repeatedly performed and are

created in response to programmed

decisions that managers make.

Non-Programmed Decision

Unique decisions that require a

custom-made solution.

Programmed Decision

A repetitive decision that can be handled

by a routine approach.

Classification on the Basis of Classification on the Basis of Functional Areas.Functional Areas.

Subject Plans

These plans are limited to one

particular aspect of an organization’s

activates.

Examples:

Marketing

Production

Recruitment

Financial

Manpower etc

Classification on the Basis of Classification on the Basis of Time.Time.

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.

Short Term Plans

Plans that are formulated to cover a

period of less than one year.

Classification on the Basis of Classification on the Basis of levels in the Organization.levels in the Organization.

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.

Tactical Plans

These plans are intended to achieve the

tactical goals of an Organization. These

are related to the departmental goals.

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.