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Unit 2

PLANNING

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16 views26 pages

Unit 2

PLANNING

Uploaded by

venkatappan.vv
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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UNIT 2

PLANNING

MISSION VISION CORE VALUES


CHRIST is a nurturing ground for an Excellence and Service Faith in God | Moral Uprightness
individual’s holistic development to make Love of Fellow Beings
effective contribution to the society in a Social Responsibility | Pursuit of
CHRIST
Deemed to be University

Excellence and Service


CHRIST
Deemed to be University

Trish would like to get some tattoos, but her parents are against it. They think
she will regret the decision when she’s older. Trish wants to live in the moment
and feels that tattoos will help express her individuality. She doesn’t have the
money. What should she do?

Excellence and Service


CHRIST
Deemed to be University

Choosing whether to study or go on social media

Excellence and Service


CHRIST
Deemed to be University

Leela’s parents want her to study science, but she really wants to study art in
university. Leela respects her parents and loves her family, but she feels quite
frustrated by this. What should Leela do?

Excellence and Service


CHRIST
Deemed to be University

Should I Fire an Under-performing Employee?

Excellence and Service


CHRIST
Deemed to be University

Missions or Purposes
Objectives or Goals
Strategies Types
Policies of plans
Procedures
Rules
Programs
Budgets

Excellence and Service


CHRIST
Deemed to be University

Excellence and Service


CHRIST
Deemed to be University

A STRATEGY is a framework for


making decisions about how you
will play the game of business.

Excellence and Service


CHRIST
Deemed to be University

Mission: To accelerate the world’s


transition to sustainable energy.

Vision: To create the most compelling


car company of the 21st century by
driving the world’s transition to electric
vehicles.

Excellence and Service


CHRIST
Deemed to be University

Mission: We strive to offer our


customers the lowest possible prices,
the best available selection, and the
utmost convenience.

Vision: To be Earth’s most customer-


centric company, where customers
can find and discover anything they
might want to buy online.
Excellence and Service
CHRIST
Deemed to be University

Mission: Spread ideas.

Vision: We believe passionately in the


power of ideas to change attitudes, lives
and, ultimately, the world.

Excellence and Service


CHRIST
Deemed to be University

Mission: To connect the world’s


professionals to make them more
productive and successful.

Vision: To create economic opportunity


for every member of the global
workforce.

Excellence and Service


CHRIST
Deemed to be University

Mission: ……… mission is to bring


transportation for everyone, everywhere.

Vision: Smarter transportation with fewer


cars and greater access. Transportation
that’s safer, cheaper, and more reliable;
transportation that creates more job
opportunities and higher incomes for
drivers.

Excellence and Service


CHRIST
Deemed to be University

Business Plan
Market
• Who is your target market? (Who are your customers?)
• Where do they live?
• What are the needs for your product or services ?

Competition
• Who is competing with you to sell the same product or service?

Marketing
• How much will you sell your product or service for?
• How will you advertise your business?

Financing
• Where will you get the money you need to start your business?
• How much money will you need to run your business?

Excellence and Service


CHRIST

SWOT ANALYSIS
Deemed to be University

Excellence and Service


CHRIST
Deemed to be University

DYNAMICS OF SWOT MATRIX

Excellence and Service


CHRIST
Deemed to be University

Excellence and Service


CHRIST
Deemed to be University

Forecasting is a method of making informed


predictions by using historical data as the main input
for determining the course of future trends.

Excellence and Service


CHRIST
Deemed to be University

Methods of forecasting

• Straight-line method
• Moving average
• Simple linear regression
• Multiple linear regression

Excellence and Service


CHRIST
Deemed to be University

Advantages of forecasting

• Valuable insights
• Learn from past mistakes
• Decrease Cost

Excellence and Service


CHRIST
Deemed to be University

Limitations of forecasting

• Future is Uncertain
• Basis of forecasting
• Reliability of past data
• Time and cost factor

Excellence and Service


CHRIST
Deemed to be University

Excellence and Service


CHRIST
Deemed to be University

Excellence and Service


CHRIST
Deemed to be University

Steps in Management by Objectives


Define organization goals
Define employee objectives
Continuous monitoring performance and progress
Performance evaluation
Providing feedback
Performance appraisal

Excellence and Service


CHRIST
Deemed to be University

Haldirams aims to increase their market share


Parryware call center wants to increase their customer satisfaction
RmKV, retail textile shop wants to boost its online presence
You as the HR Head of Unilever is facing a very high attrition rate.
Maruti is facing frequent strikes called by its union workers

Amazon is facing increased absenteeism among the Female Employees

Levis is getting increasing number of defect pieces during production process

Excellence and Service

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