My name is Kine Gaye. These are made to meet the needs of unique situations. Planning leads to rigidity: Once plans are made to decide the future course of action the manager may not be in a position to change them. All the departments thus work together and in tune with another. The fundamental purpose of planning, however, is to help the organization reach its objectives. Why Use PowerPoint and What is it Used for? So, because of this, the action gets delayed.
After preparing the main plan, the organisation has to make number of small plans to support the main plan. Use this statement to help keep you focused as you research and develop the presentation. Formation of major plan and framing of overall policies is the task of top level managers whereas departmental managers form plan for their respective departments. Planning involves huge Cost: Planning process involves lot of cost because it is an intellectual process and companies need to hire the professional experts to carry on this process. For example, the procedure to handle the order by manufacturing department may involve sales department also. Animations and Transitions To spice up your presentation, you can use animations and transitions. The contents of this website were developed under a grant from the U.
If you are using an electronic presentation tool, you may be able to include your notes in the presentation itself. Some people are able to get those needs met through family, friends, community organizations or. Strategy formulation is the task of top level people and it is must to scan and understand clearly the business environment before framing the strategy. The modern-day role that Human Service plays in the world is basically the same as it did back then; to help people meet their basic needs in order to survive and live a productive life. So, that a There is no doubt in the minds of employees; b There can be uniformity in actions of the employees; c These help in applying the techniques of standardization and simplification; d Act as guide for employees. The strategies and steps below are provided to help you break down what you might view as a large job into smaller, more manageable tasks.
Above all, when teaching English to people whose English skills are limited, it is essential to ensure that students understand the presentation by. It is important that everyone understands the terminology and can distinguish between the four strategic plan components. Organizational input,process and output all exist to reach organizational objectives. For example, if the expenditure planning is done keeping in mind 5% inflation rate but in present situation if the inflation rate rises to 10% then during follow up the managers make changes in the plans according to 10% inflation rate. You can also fine-tune your content to be sure you make your most important points in the time alloted. A primary programme is prepared by the top level and then to support the primary programme supportive programmes of different levels are prepared for smooth function of the company. By this mechanism, the organization is able to realize the organization's goals and objectives.
It is matter of fact that future is uncertain and risk-oriented. Two conceptual reasons supporting systematic planning by managers are limited resources and an uncertain environment. Is it used to present an idea and then offer an original critique of that idea? As we know that in organization all the events or activities are done by the personnel with view to achieve primary objectives of organization, hence if the objectives of organization is not clearly defined then as a result the personnel cannot able to do their assigned tasks in proper way. Lot of time is needed in developing planning premises. To decide what to do, how to do and when to do they do planning. After this the manager starts eliminating the alternatives with more of negative aspect and the one with the maximum positive aspect and with most feasible assumption is selected as best alternative.
Procedures : Procedures are required steps established in advance to handle future conditions. The nature of management accounting can be well understood by comparing management accounting with financial accounting. The process of developing a plan helps the manager and the team step back and examine where they are, where they want to go, and how to get there. There is no discretion allowed in rules, i. For example, in organizing function, managers assign authority and responsibility to the employees and level of authority and responsibility depends upon objectives of the company. They define what will be accomplished, by whom and by when.
Pervasiveness of Planning Planning is a unique and universal function of all managers. Sometimes instead of selecting one alternative, a combination of different alternatives can also be selected. Thus, it is clear that planning helps in the development of organization. It also convinces students that they will benefit from the lesson. So procedures cut across all the departmental lines. Step 2: Select a topic Next, if possible select a topic that is of interest to the audience and to you. Another important ingredient of planning is time.
Cash inflow comes from sales and cash outflow is in the form of expenses. These are derived from the major plan. Planning and Performance Although organizations that use formal planning do not always outperform those that do not plan, most studies show positive relationships between planning and performance. Planning does not guarantee success: Sometimes managers have false sense of security that plans have worked successfully in past so these will be working in future also. Every business draws out its daily, weekly, quarterly and yearly plans. The assumptions are made on the basis of forecasting. For more information about strategic planning and management in general or for about how Balanced Scorecard Institute can help you, please consider our or services, or directly.