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 [...]
This article throws light upon the three categories under which plans are classified in an organisation. The categories are: 1. The Time Dimension in Planning 2. The Use Dimension in Planning 3. The Scope or Breadth Dimension in Planning. Category # 1. Time Dimension in Planning: a. The Time Dimension in Planning: Time enters as an important variable in the [...]
After reading this article you will learn about:- 1. Introduction to Strategic Planning and Management 2. Definition and Importance of Strategy 3. Meaning of Strategic Planning 4. Focus of Strategic Planning 5. Strategy Formulation 6. Levels of Strategy 7. Strategy Implementation 8. Steps in the Strategic Planning Process 9. Strategic Management. Contents: Introduction to Strategic Planning and Management Definition and [...]