PLANNING PROCESSES AND TECHNIQUES

Why and how managers plan

The planning process

Benefits of planning

Importance of planning

Planning and time management

Develop premises regarding future conditions

Ananlyze alternatives and make a plan

Determine where you stand vis-a-vis objectives

Implement the plan and evaluate results

Define your objectives

Planning improves action orientation

Planning improves coordination and control

Planning improves focus and flexibility

Types of plan used by managers

Strategic and tactical plans

Operational Plans

Long-range and short-range plans

Policies and Procedures: standing plans like policies & procedures that are used over and over again

Budgets: single-used plans like budgets that apply to one specific tasks or time period

Implementing Plans to achieve results

Goal Alignment

Goal Setting

Participation and involvement

Planning tools and techniques

Scenario Planning

Benchmarking

Contingency Planning

Staff Planning

Forecasting

Measurable

Challenging

Timely

Attainable

Specific

Goals set everywhere in the organization should ideally help advance its overall mission or purpose

Conversation between team leaders and team members should result in agreement on

Goal Alignment: the process by which you keep your workforce working towards your company's overall goals

performance objectives for a given time period

Plans through which they will be accomplished

Standards for measuring whether they have been accomplished

Procedures for reviewing performance results

Improve performance results by improving both the quality of any plans made and the effectiveness of their implementation

When people partictipate in setting goals they gain motivation to work hard to accomplish them