ManagementMania AppMania EduMania JobMania BusinessPages


What is Planning
Planning is one of key managerial functions and therefore applies to all fields and aspects of an organization: economics and finance, Informatics, quality management, human resources, logistics and transportation, organizational management, marketing, services, production.

Planning“The supreme task of business management is to identify specific business goals through which an ultimate goal, long-term profit maximization is to be achieved, as well as the formulation of business policy, i.e. “a marching route” which the enterprise has to adhere to in order to achieve these goalsas efficiently as possible.”

Günther Wöhe

Planning is one of the key managerial functions and therefore applies to all fields and aspects of an organization: Economy and Finance, Informatics, Quality, Human Resources, Logistics and Transportation, Organizational management, Marketing, Services, Production.

According to the period in which the planning takes place, one can distinguish between Strategic planning, Tactical planning and Operational planning. Forecasting deals with the prediction of a company´s long-term development.

Strategic planning is crucial for the long-term direction of an organization (business), for marketing, investment decision making, human resources development and research and development.

Tactical and operational planning plays a key role in organizational fields which are characterised by frequent fluxes of resources, namely financial resources and material in production process (purchase and sale).

Different types of business plans

  • Financial plan (integrates all plans with the help of a financial statement)
  • Sales plan
  • Project plan
  • Production plan
  • Human resources development plan
  • Personal Development Plan
  • Investment plan
  • Maintenance and repair plan

Partial plans must be interdependent.

The essence of planning is the determination of goals or target values and, possibly, ways how to achieve them. Planning has to taken all relevant internal and external factors affecting the achievement of goals or target values into account.

The fundamental plan of an organization is its global strategy.

Planning methods:

  • Bidirectional Planning (Top-Down/Bottom-Up)
  • Progressive Planning (Bottom-Up)
  • Retrograde Planning (Top-Down)
  • Strategic Alternatives
  • Strategic Management

Methods and integrated planning systems in production and logistics and resource planning:

  • APS (Advanced Planning & Scheduling)
  • ERP (Enterprise Resource Planning)
  • MRP (Material Requirements Planning)
  • MRP II (Manufacturing Resource Planning)
  • JIT (Just-in-time)
  • KANBAN
  • DBR (Drum Buffer Rope)
  • SCM (Supply Chain Management)

Financial planning includes:

Which analytical techniques are used in planning?

Related terms and methods:

Related management field:

previous next
Did this article help you?
Rating:
Last update: 08.01.2017

Comments

prima saju 9 months

It’s a key managerial action that is applied for organization management, marketing, services, and production, etc. The supreme authority http://www.truckaccidentcalawyer.com/ of the business activities helps us to do the formulation of the business policy. We can achieve the goals effectively.

Was this helpful?
Rating:
Samuel Darden 9 months

Loving the information on this site, you have done great job on the blog posts. free fire garena

Was this helpful?
Rating:
heeena khan 8 months

This is very good, it will be on my saved recipes list. and real gift card generator and dailymotion download and buy high quality backlinks

Was this helpful?
Rating:
tepim zippiex 8 months

Weslo Cadence G 5.9 is one of the best treadmills for home under 500. The best aspect of this treadmill is that it can be folded up so it saves a lot of storage space.

hy vee connect |
best treadmills for home |
survey.walmart.com

Was this helpful?
Rating:
ceckouuuu mecko 6 months

Very easy to get around and it is loaded with loads of information. All things are on place. Will you care to analyze my weblog?
nova legacy online hack

Was this helpful?
Rating:
kronos poker 4 months
Was this helpful?
Rating:
Dan Klein about 1 month

Love it! keep it up...
hvac repair santee

Was this helpful?
Rating:
Christina Beck about 1 month

Listed here you'll learn it is important, them offers the link in an helpful webpage: 우리카지노

Was this helpful?
Rating:
Christina Beck about 1 month

I use only high quality materials - you can see them at: 스포츠중계

Was this helpful?
Rating:
Christina Beck about 1 month

I simply want to tell you that I am new to weblog and definitely liked this blog site. Very likely I’m going to bookmark your blog . You absolutely have wonderful stories. Cheers for sharing with us your blog. двуетажни легла варна

Was this helpful?
Rating:
Christina Beck about 1 month

Hi there, I discovered your blog per Google bit searching for such kinda educational advise moreover your inform beholds very remarkable for me. stucco sealing

Was this helpful?
Rating:
Christina Beck about 1 month

I prefer merely excellent resources - you will see these people in: Tea Tree shampoo

Was this helpful?
Rating:
Leah Melda about 1 month

Despite the firm providing Custom Assignment Writing Services to clients, they do not compromise the standard as they deliver high-quality Professional Assignment Writing Services enabling students to attain profound grades in their Affordable Assignment Writing Services.

Was this helpful?
Rating:
Christina Beck about 1 month

There is so much in this article that I would never have thought of on my own. Your content gives readers things to think about in an interesting way. 안전공원

Was this helpful?
Rating:
Christina Beck about 1 month

Initial You got a awesome blog .I determination be involved in plus uniform minutes. i view you got truly very functional matters , i determination be always checking your blog blesss. one pearl bank balance units

Was this helpful?
Rating:
Christina Beck about 1 month

Acknowledges for penmanship such a worthy column, I stumbled beside your blog besides predict a handful advise. I want your tone of manuscript... Persona

Was this helpful?
Rating:
Christina Beck about 1 month

Cool you inscribe, the info is really salubrious further fascinating, I'll give you a connect to my scene. 파워볼게임

Was this helpful?
Rating:
Christina Beck 28 days

On this page you can read my interests, write something special. ดูหนังออนไลน์ใหม่ล่าสุด

Was this helpful?
Rating:
Christina Beck 27 days

I am always searching online for storys that can accommodate me. There is obviously a multiple to understand about this. I feel you made few salubrious points in Attributes moreover. Detain busy, awesome career! 조루증치료

Was this helpful?
Rating:
Christina Beck 21 days

I can recommend primarily decent and even responsible tips, as a result view it: dafabet

Was this helpful?
Rating:

How about planning for 2020? solar plexus chakra stones or dream of snakes

Was this helpful?
Rating:
Christina Beck 20 days

I am always searching online for storys that can accommodate me. There is obviously a multiple to understand about this. I feel you made few salubrious points in Attributes moreover. Detain busy, awesome career! scr888

Was this helpful?
Rating:

For many people this is the best solution here see how to do it. cosplay store

Was this helpful?
Rating:


To enter the discussion you must be signed in

Sign in


Related consulting companiesmore...
We can do it