MODULE 3: PLANNING & ORGANIZING TECHNICAL ACTIVITIES Flashcards
A logical and systematic approach of formulating the objectives, programs, policies, procedures, budgets, rules and regulations, and other types of plans.
Planning Technical Activities
It is considered as the most basic of all managerial functions, for it contains the goal of a system.
Planning Technical Activities
The Four Major Factors of the Essential Nature of Planning
- Contribution to purpose and objectives
- Planning as the first basic function
- Planning as a function of all managers
- Planning for efficient organization
Planning is required to facilitate accomplishment of business purposes and objectives.
Contribution to purpose and objectives
Planning is logically performed before the execution of all managerial functions
Planning as the first basic function
Planning is logically performed by all managers to ensure the smooth operation of an organization
Planning as a function of all managers
The efficiency of a plan is evaluated by the amount it contributes to purpose and objectives as offset by the expenses and other things required to formulate and implement
Planning for efficient organization
Parts of an organizational Plan
- Objectives or Goals
- Program
- Policies
- Procedures
- Rules
- Budget
- Philosophy
- Strategy
- Mission
An estimated result expected in the future
Are established at organizational, departmental or individual level
Usually expressed in quantifiable manner
Ex. To train five technicians in a particular skill in the next six months can
be an objective of a foreman
Objectives or Goals
Types of objectives
- Long-Range Objectives
- Short-Range Objectives
– Should be derived from an in-depth evaluation of the organization’s
long-range objectives, resulting in a listing of priorities
– These can be set to help achieved the LRO
All objectives should be clear, concise and quantified when
possible.
Short-Range Objectives
– Generally go beyond the current fiscal year of the organization
– They must support and not conflict with the organizational mission
– Ex. Mission of a Jollibee is to provide a rapid hot food service to a
certain area of the city. Its objective is to increase sales
to a specific level within the next four years.
Long-Range Objectives
Guidelines in Implementing Management by Objectives
- Adapt your objectives directly to organizational goals and strategic
plans. Do not assume that they support higher-level management
objectives. - Quantify and target the results whenever possible. Do not formulate
objectives whoe attainment cannot be measured or at least verified. - Test your objectives for challenge and achievability. Do not build
cushions to hedge against accountability for results. - Adjust the objectives to the availability of resources and the realities
of organizational life. Do not keep your head either in the clouds or
in the sand. - Establish performance reports and milestones that measure
progress toward the objective. Do not rely on instinct or benchmarks
to appraise performance. - Put your objectives in writing and express them in clear, concise
and unambiguous statements. Do not allow them to remain in loose
or vague terms. - Limit the number of statements of objectives to the most relevant
key result areas of your job. Do not obscure priorities by stating too
many objectives. - Communicate your objectives to your subordinates so that they can
formulate their own job objectives. Do not demand that they do your
goal setting for you. - Review your statements with others to assure consistency and
mutual support. Do not fall into the trap of setting your objectives in
a vacuum. - Modify your statements to meet changing conditions and priorities.
- Do not continue to pursue objectives which have become obsolete.
It is the actual course of action designed to carry out the established
objective.
It is a comprehensive plan that indicates use of different resources in an
integrated pattern and establishes a sequence of required actions and time
schedules for each in order to achieve stated objectives.
Ex. Concretizing the sequence of the various activities using a Gantt Chart.
Program
These are basic guidelines for action.
They indicated what is permitted and what is not permitted.
These channel how management should order its affairs and its attitude
toward major issues
They indicate the intent of those who guide the organization
Policy statements: to ensure, to promote, to maintain, to be, to accept, etc.
Ex. Promoting people from within can be a personnel policy of a company.
Policies
These are series of related steps expressed in chronological order for a
specific purpose.
These defines in step-by-step fashion the methods by and through which
policies are achieved.
Outline precisely how a recurring activity must be accomplished.
These are instructions as to how a particular thing should be done
SOP – well-established formal procedures
Procedures
A plan stated in financial terms.
An estimate of income and expenditures for a future period
The use of this enables executives to perform their management functions
more effectively since it provides them with the proper guidance in
matters of disbursement
Budget
The values and beliefs an organization holds as the guiding light
These are usually passed on by the founder of the organization.
Ex. Providing quality products at reasonable prices, providing comfort and
enhancing the quality of life of society was the vision of Mr. Konosuke
Matsushita, the founder of the electronics firm bearing his name.
Philosophy
These are very specific actions to be taken with respect to a situation.
Ex. “No smoking in the conference room”
Rules
It is the method of shaping a company’s future and involves determining
the long-run direction of the organization.
Outlines the basic steps and management intends to do to achieve its
objectives.
Strategy
It is the purpose or reason for the existence of an organization
Can be defined in terms of an organization’s product/services or
markets/customers
o Ex. Marketing pharmaceutical products can be the mission of a drug
manufacturing company.
Mission
Basic Steps in Business Planning
- Define the business idea.
- Establish goals and objectives.
- Evaluate the ideas, goals and objectives.
- Forecast cash needs.
- Identify sources of funds. Write a business plan.
Types of Plans
a) Standing Plans
b) Single-Use Plans
c) Long-Range Plans
d) Intermediate Plans
e) Short-Range Plans
f) Marketing Plans
g) Production Plans
h) Financial Plans
i) Manpower Plans
j) Strategic Plans
k) Tactical Plans
Plans that serve as guidelines to managerial action.
Used where an activity occurs repeatedly.
Standing Plans
Plans that are designed for a specific purpose or period.
Single-Use Plans
These are the strategic plans of the organization
Long-Range Plans
Plans that follow once the long-range plans are formulated.
Plans that are made for the realization of long-range goals
Intermediate Plans
Plans that provide the guidelines for day-to-day actions in the organization.
Short-Range Plans