Planning

Presented by
Faizan Amjad 18550920-014
Ahmed Shafeeq 18550920-067
Aqib Arshad 18550920-075
Adnan Ali 18550920-078
PLANNING
 A plan is a predetermined course of action which
provides purpose and direction of an
organization.
 Planning is foreseeing future circumstances and
requirements, then, setting objectives, making
long and short term plans and determining the
policies to be followed with standards to be set.

2
 Continue..
• It involves making a systematic process for achieving
the organization’s goals.
• In planning, managers receive and store information,
monitor and disseminate the information.
• A manager makes decisions on strategy and allocation
of resources and initiate planned changes
• Strategic planning is the process of developing and
analyzing the organizations mission, overall goals,
general strategies and allocating resources.
3
Strategy and Goals
• A strategy –is a course of action created
to achieve a long – term goal.
• Goals –are the things that the
organization strives to achieve.
• Strategic planning requires a lot of
information gathering, exploring
alternatives and emphasizing future
implications of its current decisions. 4
 Steps in planning
1. Define the organization‘s mission and vision.

A mission is the purpose of the organization.

It explains why the organization exists .

 Vision is the future goal or achievement of an

organization . It guides the mission of the
organization by defining measurable strategic
and financial objectives
5
2. SWOT ANALYSIS
Analyze the strength, weaknesses and identify
opportunities and threats of the organization i.e.
SWOT Analysis baseline.
 SWOT analysis is used as the basis for future
improvements.

6
3. Setting goals and objectives

 Goals and objectives are developed to bridge

the gap between current capability and the
mission

 Objectives – are statements describing results

and the way in which they will be achieved. They
are more specific and narrower than goals.

7
4. Develop a strategy.
Information collected from the environmental scan
is used to:
 Match strengths with opportunities and address
weaknesses while trying to minimize threats to
its existence.
 Make superior profits by getting a competitive
advantage over competitors.

8
5. Implementation of strategy.
 Strategy is implemented by developing
programs, budgets and procedures.

 It involves organizing the firm’s resources and

motivating staff to achieve the firm’s objectives.

9
6. Evaluating and control

Evaluation and control consists of:

 Defining parameters to be measured.
 Defining the target values of those parameters.
 Performing measurement.
 Comparing measured results to predefined
standards.
 Making necessary changes.

10
 References
1. Kibera,F.N(1996). Introduction to business: A
Kenya perspective, Nairobi: Kenya literature
Bureau PP 104-114
2. Koontz,H and Weihrich,H. (1988).
Management, Ninth edition. New York:
McGraw-Hill book company
• http://www.cliffsnotes.com/WileyCDA/CliffsRevi
ewTopic/Staffing-as-a-Management-
Function.topicArticleId-8944,articleId-
8891.html
• http://www.xanga.com/lalitkhungar/667247144/
learn-8211managerial-function-of-staffing.html
11