Archive | Planning

Steps to Make Planning Effective | Planning | Functions | Management

Measures to be taken to make planning effective are as follows: 1. Well-Defined Objectives 2. Management Information System 3. Top-Level Initiative 4. Planning should be Flexible 5. Resistant to Changes 6. Careful Premising 7. Integration of Long-Term and Short-Term Plans 8. Cost-Benefit Analysis 9. Proper Forecasting 10. Dynamic Managers. Step # 1. Well-Defined Objectives: For efficient planning well-defined objectives are [...]

By |2017-06-01T06:27:45+05:30June 1, 2017|Planning|Comments Off on Steps to Make Planning Effective | Planning | Functions | Management
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2 Main Types of Plans | Planning | Functions | Management

Plans are classified into two types known as Multi-use Plans and Single-use Plans.   Other names are standing plans or repeated use plans. They are used repeatedly in situations of a similar nature. They are also used for problems of repetitive nature. They are long-term plans in nature and they are used for the entire organisation. They are the effective means [...]

By |2017-06-01T06:27:39+05:30June 1, 2017|Planning|Comments Off on 2 Main Types of Plans | Planning | Functions | Management
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Comparison between Plan and Planning | Management

This article will help you to learn about the comparison between plan and planning. Management theorists often draw a distinction between plans and planning. Plans are simply statements of the things to be done and the sequence and timing in which they should be done in order to achieve a given end. But planning involves: (i) Deciding on aims and [...]

By |2016-11-05T03:52:16+05:30November 5, 2016|Planning|Comments Off on Comparison between Plan and Planning | Management
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