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Planning process :Steps in planning - MBA Notes World

http://www.mbanotesworld.in/2008/02/planning-process-steps-in-planni

Planning process :Steps in planning

Categories: Policies And Procedures, Principles Of Management

The process of planning involves the following steps

Analysing environment. At the outset the internal and external environment is analyzed in order to identify . At the outset the internal and external environment is analyzed in order to identify

company ;s strengths and weaknesses (in internal environment)and opportunities and threats (existing in the external

environment) this is also known as SWOT (Strengths Weaknesses Opportunities and Threats ) analysis .

Establishing objectives or goals in the light of the environmental scanning (study)clear or probable opportunities in the light of the environmental scanning (study)clear or probable opportunities

that can be availed are identified in order to avail them objectives or goals are clearly defined in specific terms along

with priorities in all the key areas of operations major problems associated with such objectives are also identified and

defined ,so that there may be special emphasis on their planned solutions.

Seeking necessary Information :there may be special emphasis on their planned solutions. All relevant data and facts are collected

All relevant data and facts are collected from internal and external sources such as Availability of supplies, physical

and human recourses of the company , finance of disposal, relevant government policy etc then such collected

information and factors are analyzed. These information can be used in two ways

1. To make necessary modifications in objective and goals

2. To take help them in premising assumption.

Establishing the planing premises

In order to develop consistent and coordinate plans ,it is necessary that planing is based upon carefully considered

assumption and predictions

Identifying the alternative course of action.

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Planning process :Steps in planning The process of planning involves the following steps Analysing environment . At the outset the internal and external environment is a

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NOTES IN THE ARCHIVES

2011

2010

2009

2008

After established the goals or objective and taking other related steps , feasible alternative programs or course of

December 2008

action are searched out . Impossible or highly difficult propositions are left out .

October 2008

September 2008

August 2008

Evaluating the alternatives.

July 2008

June 2008

 

May 2008

 

Problems consequences of each alternative course of action in terms of its pros and cons (eg Cost, benefits, risks etc) are

April 2008

assessed and then relative importance of each of them is found out by looking at their overall individual strengths and

March 2008

limitations especially in the light of present objective and the environment of the company.

Selecting the alternative or Course of action.

The alternative which appears to be most feasible and conducive to the accomplishment of company s objective, is

selecting the final plan of action as strategy.

February 2008

Discuss in detail the steps in sampling design.

NON PROBABILITY SAMPLING

What is good sample? Explain considerations validi

What do we measure when we measure?

What are major sources of measurement error? Illus

Reliability & Validity

Types of Reliability

Types of Validity

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0 Foundation Of Scientific Research

Posted at 9:39 AM

Recommend this on Google

14 COMMENTS:

nPosted at 9:39 AM Recommend this on Google 14 COMMENTS: Aarohi said article is really good

Aarohi said

article is really good

15 february 2009 7:38 pm

helped me a lot in my assignment.

Muhammad said said

Deductive And Inductive Research

Exploratory Research

Descriptive Research

Causal Research

Ex Post Facto Evaluation

Nominal Scale

Ordinal Scale

Interval Scale

Open-Ended versus Closed Ended Questions

Historical Development of Management

Planning process :Steps in planning - MBA Notes World

http://www.mbanotesworld.in/2008/02/planning-process-steps-in-planni

I am fawwad from Pakistan.

AArohi can u help me in making an assignment on application of steps in planning, any example situation to implement steps of planning.

My e mail id is fawwad06@gmail.com

Hoping for your good response.

Thanks and Regards

26 june 2009 1:29 am

karthi said

Its really very nice and easy to understand

7 september 2009 3:22 pm

sarah said

salam.plz can u help me in several topics regarding principles of management.i am concerning koontz book but its too difficult.ur notes are very easy to understand.my id is sarahafridi2009@gmail.com. plzzz am waiting 4 ur response.thanks

28 september 2009 7:37 pm

sweet_yra said

can u send me a sample plan?(based on the steps given),,,,, sweet_yra21@yahoo.com

18 february 2010 11:12 am

Romulus said

Thanx. this is a good article. could you pliz help me with some notices on how to improve on sales revenue.romulusrk@yahoow.com

18 march 2010 1:27 pm

eswaran said

Nice one

26 march 2010 2:44 pm

eswaran said

Nice one

26 march 2010 2:46 pm

aboamar said

Major Contribution to Management

Henri Fayol

General Principles Of Management

Function of Management

Key Management Skills

Vertical Dimension : Hierarchical Levels

Function of Management

Management Skills

Management Skills

Managerial Roles

Promoting Innovation: The Entrepreneurial Role

Horizontal Dimension : Responsibility Areas

Planning

Nature or characteristics of planning

Planning process :Steps in planning

Preparing the Derivative plans

Advantages benefits of Planning

January 2008

2007

2006

2005

2004

I am a mir from sudan can u help me in making an assignment on how the planning process is carried out. E.mail : aboamar_411@yahoo.com

5 may 2010 3:55 pm

Lucky said

please tell me what is "DEVELOPING DERIVATIVE PLAN" my e-mail id is luckysiddiqui_reloded@yahoo.com

29 august 2010 5:50 pm

Ravi said

hey friends can any one of you let me know what is mean by " Planning premises.' i am preparing my assignments

--desarajuravi07@gmail.com

13 october 2010 12:09 pm

mohd nash said

its good

15 november 2010 2:54 pm

pranjit said

i like it

20 november 2010 9:20 pm

Planning process :Steps in planning - MBA Notes World

http://www.mbanotesworld.in/2008/02/planning-process-steps-in-planni

pranjit said

its really good 20 november 2010 9:21 pm

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