This article throws light upon the top five steps involved in the process of planning in an organisation. The steps are: 1. Establishing Goals (or Setting Objectives) 2. Determining where the Organisation or Subunit Stands Relative to the Goal 3. Developing Planning Premises 4. Choosing from Alternatives 5. Developing Methods to Control the Operation of the Plan. Step # 1. [...]
This article throws light upon the five key benefits of planning in an organisation. The benefits are: 1. Planning is related to performance 2. Plans focus attention on objectives 3. Plans help eliminate uncertainties and anticipate problems 4. Plans provide guidelines for decision making 5. Plans are necessary to facilitate control. Benefit # 1. Planning is related to performance: There [...]
This article throws light upon the three main types of action plans in an organisation. The types are: 1. Tactical Plans 2. Single-Use Plans 3. Standing Plans. Type # 1. Tactical Plans: Tactical plans are an organised sequence of steps designed to execute strategic plans and achieve strategic goals. While strategy focusses on resources, environment and mission, tactics deal primarily [...]