24593648 levels-of-planning

24593648 levels-of-planning

• 1.
  MUNTAQUIR HASNAIN IMED PUNE
• 2.
  CORPORATE PLANNING  CorporatePlanning denotes planning activities at the top level and cover the entire organizational activities.  Determine the long-term objectives.  Generate plans to achieve the objectives bearing in mind the probable changes in environment.  Corporate planning includes:  the setting of objectives,  organizing the work, people, and systems to enable those objectives to be attained,  motivating though the planning process of the plan and developing people through better decision making,  clearer objectives, more involvement, and awareness of progress.
• 3.
  FUNCTIONAL PLANNING  Functionalplanningis segmental and it is undertaken for each major function of the organization like  production/operation,  marketing, finance,  human resource/personnel etc.  At the second level, functional planning is undertaken for sub-functions within each major function.
• 4.
  STRATEGIC PLANNING Strategic Planningis  Deciding on objectives of the organization,  Deciding on changes on these objectives,  deciding on the resources used to attain these objectives,  policies that are to manage the acquisition, use and disposition of these resources.
• 5.
  OPERATIONAL PLANNING Operational Planningis  Deciding the most effective use of the resources already allocated  To develop a control mechanism to assure effective implementation of the actions.
• 6.
  LONG-TERM PLANNING  Long term plans usually cover all the functional areas of the business and are affected within the existing and long-term framework of economic, social, and technological factors.  Analysis of environmental factors, particularly with respect to how the organization relates to its competition and environment.
• 7.
  SHORT-TERM PLANNING  These plan are aimed at sustaining organization in its production and distribution of current products or services to the existing markets.