Friday, 23 December 2016

PLANNING

PLANNING

Meaning and Concept of Planning

In simple words, planning is deciding in advance what is to be done, when where, how and by whom it is to be done. Planning bridges the gap from where we are to where we want to go. It includes the selection of objectives, policies, procedures and programmes from among alternatives. A plan is a predetermined course of action to achieve a specified goal. It is an intellectual process characterized by thinking before doing. It is an attempt on the part of administrator to anticipate the future in order to achieve better performance. Planning is the primary function of management.

Definition

Planning is the French word `prevoyance', which means to look ahead.  According to Pfiffner and Presthus planning is a rational process characterized of all human behavior."
According to Dimock and Dimock "Planning is an organized attempt to anticipate and to make rational arrangement for dealing with future problems by projecting trends."
According to SimonSmithburg and Victor A. Thomson: "Planning is that activity that concern itself with proposal for future, evaluation of alternative proposals and with method by which these proposals may be achieved”.
According to Allen, “A plan is a trap laid to capture the future.”

STEPS IN PLANNING / PLANNING PROCESS

Planning involves following steps:

1.  Recognizing the Need for Planning
This precedes planning and starts with intention of either solving problem or to attain some objectives. Organizations have need for planning to use scarce resources efficiently, and make best use of opportunities and prepare for threats. This is because plans are considered as future course of action. The organizations have to look ahead to solve their problems.

22. Establishment of objectives

    • Planning starts with the setting of goals and objectives to be achieved.
    • Objectives provide a foundation for undertaking various activities as well as indicate direction of efforts.
    • Moreover objectives focus the attention of administrators on the end results to be achieved.
    • As a matter of fact, objectives provide nucleus to the planning process. Therefore, objectives should be stated in a clear, precise and unambiguous language. Otherwise the activities undertaken are bound to be ineffective.
    • As far as possible, objectives should be stated in quantitative terms. For example, Number of men working, wages given, etc. But such an objective cannot be stated in quantitative terms like performance, effectiveness of personnel manager. Such goals should be specified in qualitative terms.
    • Hence objectives should be practical, acceptable, workable and achievable.

  1. Establishment of Planning Premises

    • Establishment of planning premises is concerned with determining where one tends to deviate from the actual plans and causes of such deviations.
    • It is to find out what obstacles are there in the way of business during the course of operations.
    • Establishment of planning premises is concerned to take such steps that avoids these obstacles to a great extent.
    • Planning premises may be internal or external. Internal includes financial matters, management of labor relations, philosophy of management, etc. Whereas external includes socio- political and economic changes. Internal premises are controllable whereas external are non- controllable.

  1. Choice of alternative course of action

    • When forecast are available and premises are established, a number of alternative course of actions have to be considered.
    • For this purpose, each and every alternative will be evaluated by weighing its pros and cons in the light of resources available and requirements of the organization.
    • The merits, demerits as well as the consequences of each alternative must be examined before the choice is being made.
    • After objective and scientific evaluation, the best alternative is chosen.

  1. Formulation of derivative plans

    • Derivative plans are the sub plans or secondary plans which help in the achievement of main plan.
    • Secondary plans will flow from the basic plan. These are meant to support and expedite the achievement of basic plans.
    • These detail plans include policies, procedures, rules, programmes, budgets, schedules, etc. For example, if profit maximization is the main aim of the enterprise, derivative plans will include sales maximization, production maximization, and cost minimization.
    • Derivative plans indicate time schedule and sequence of accomplishing various tasks.

  1. Securing Co-operation

    • After the plans have been determined, it is necessary rather advisable to take subordinates or those who have to implement these plans into confidence.
    • The purposes behind taking them into confidence are:
      • Subordinates may feel motivated since they are involved in decision making process.
      • The organization may be able to get valuable suggestions and improvement in formulation as well as implementation of plans.
      • Also the employees will be more interested in the execution of these plans.

  1. Follow up/Evaluation of plans


    • After choosing a particular course of action, it is put into action.
    • After the selected plan is implemented, it is important to evaluate its effectiveness. This is done on the basis of feedback or information received from departments or persons concerned.
    • This enables the administration to correct or modify the plan.
    • This step establishes a link between planning and controlling function.
    • The follow up must go side by side the implementation of plans so that in the light of observations made, future plans can be made more realistic.
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