Chapter 3: Planning Technical Activities Flashcards
provides a methodological way of achieving desired results.
plan
Planning activities undertaken at various levels:
- ‘Top management level - strategic planning
- Middle management level-intermediate planning
- Lower management level - operational planning
THE PLANNING PROCESS
- setting organizational, divisional, or unit goals
- developing strategies or tactics to reach those
goals - determining resources needed and
- setting standards.
may be defined as the “precise statement of
results sought, quantified in time and magnitude, where possible.”’
Goals
TYPES OF PLANS
Functional Area Plans
Plans With Time Horizon
Plans According to Frequency of Use
Types of functional
area plans
- Marketing plan
- Production plan
- Financial plan
- Human resource management plan
Plans with time horizon consist of the following:
- Short-range plans
- Long-range plans
Plans, according to frequency of use may be classified as
l. Standing plans and
2 single-use plans.
Standing plans may be further classified as follows:
L Policies
2. Procedures
3 Rules
Single-use plans may be further classified as follows:
- budgets
- programs, and
- projects.
PARTS OF THE STRATEGIC PLAN
- Company or corporate mission
- Objccttves or goals
- Strategies