Planning
Planning
Planning
PLANNING:
Planning is the selection and relating of facts and
making and using of assumptions regarding the
future in the visualization and formalization of
proposed activities believed necessary to achieve
desired result.
Features of Planning:
Planning is a process.
Planning is primarily concerned with looking into
future.
Planning is undertaken at all levels of the
organization.
Planning is flexible as commitment is based on
future conditions.
Planning is a pervasive and continuous managerial
function involving complex processes of
perception, analysis, conceptual thought,
communication, decision and action.
Importance of Planning
Primacy of Planning
To ensure stability
To reduce wastage
To gain economical operation
To focus Attention on Objective
To help in Coordination
To help in control
To increase Organizational Effectiveness
To increase innovation and creativity
To avoid business failures
Steps in Planning
Establishing
Formulation of Choice of Evaluation of
sequence of
supporting plans alternative plans alternatives
activities
Perception of Opportunities
Perception of opportunities includes a preliminary look
at possible opportunities and the ability to see them
clearly and completely, a knowledge of where the
organization stands in the light of its strengths and
weaknesses.
Provides an opportunity to set the objectives in real
sense because the organization tries to relate itself with
the environment.
It takes the advantages of opportunities and avoids
threats.
Establishing Objectives
Major Organizational objectives and unit objectives are
set.
Objectives specify the results expected and indicate the
end points of
what is to be done,
where the primary emphasis is to be placed,
Evaluation of alternatives:
Various alternatives which are considered feasible in
terms of preliminary criteria may be taken for detailed
evaluation.
An attempt is made to evaluate how each alternative
contributes to the organizational objectives in the light
of its resources and constraints.
Choice of Alternatives
The most fit one is selected. Sometimes, evaluation
shows that more than one alternative equally good. In
such a case, a planner may choose more than one
alternative.
Formulation of Supporting Plans:
Various plans are derived so as to support the main
plan.
Various derivate plans like planning or buying
equipments, buying raw materials, recruiting and
training personnel.
Establishing Sequence of Activities:
The sequence of activities is determined so that plans
are put into action.
Budgets for various periods can be prepared to give
plans more concrete meaning for implementation.
STAFFING
Basically STAFFING Means RIGHT PEOPLE at RIGHT POSITION
at RIGHT TIME.
MEANING
DEFINITION
Nature of Staffing :
Increase in productivity
Implementation of plans
Higher morale
Staffing process:
Recruitment
Selection
Placement
RECRUITMENT :
MEANING
DEFINITION
SOURCES OF RECRUITMENT:
External Sources
Internal Sources
INTERNAL SOURCES:
Promotion
Internal
sources
Internal
advertisement Transfer
Retired
EXTERNAL RESOURCES :
Advertisement
Walk in interview
Selection :
Meaning
Definition
SELECTION PROCESS :
Job analysis
advertisement
Written test
Interview
Medical examination
induction
INTERVIEW :
MEANING
DEFINITION
JOB ANALYSIS :
Job Analysis