It gives the brief information about planning in management process. Unit 2 in management process for MBA 1 st year students.

1. Unit-2 Planning
 Meaning and principles of planning
 Six p’s of planning
 Distinguish between operational and strategic planning
 Types of plans
 Steps in planning
 Types of policies
 Policy formation process
 Administration

2. Meaning and Principles
 Meaning : It is the process of thinking about the
organizing the activities required to achieve a desired
goals.
 Principles :
 Take time to plan
 Planning can be top down or bottom up
 Involve and communicate all those concerned
 Plans must be flexible and dynamic
 Evaluation and revision

3. Features of Planning
Features
Primary Function First task of business
Goal Oriented
Directly related with goals of an
organization
Forward looking Process
Forward looking process
Because it is directly concerned
with forecasting future
Choice making Activity Choice of alternative Plans
Continuous process
Throught out the life of
organization
Pervasive
Applicable to all levels of
management
Dynamic Process
It is affected if any changes in
internal and external

4. 6P’s of Planning
6P’s Purpose
Goals should be
verifiable
Philosophy Ideology
Promise Uniting factors
Plans
Ascertain and achieve
goals, requirement and
sources of resource
Policy
Guidelines on which
management take
decision
Priority Needs

5. Types Of Plans
Typesofplans
Basis of
Managerial levels
Top level
Management
Middle level
Management
Low level
Management
Basis of Time
Long term
Intermediate
Short term
Basis of Use
Single Plan
Standing Plan
Basis of Nature
Operational
Tactical
Strategic

6. Cont……
Basis of nature
Operational
Low level
Management for Short
term period
Tactical
Integration of various
organizational units
and implementing
Strategic plans
Strategic
Top level management
for long period of time

7. Steps in Planning
Setting
objectives
Building
the
premises
Collection,
Classificati
on &
Analysis of
data
Determinin
g
alternatives
Evaluating
alternatives
Selection
of course
of action
Preparing
derivative
Plans
Providing
follow up

8. Types of Policies
Types
of
policies
Major
policies
Supportive
policies
Minor
policies
Composite
policies

9. Policy Formulation & Process
 Policy formation is the development of effective and
acceptable courses of action for addressing who has been
placed on the policy agenda.
 Policy Formulation process:
 Selecting the desire objective
 Identifying the target of the objective
 Determining the pathway to reach the objective
 Designing the specific program or measure in respect of the goal or
target
 Implementing the measure and assessing its impact

10. Administration
 Administrative management is the process of managing
information through people. This usually involves
performing the storage and distribution of information to
those within an organization.