Hierarchy of Planning – Introduction to Management (ITM)

Download our Android App from Google Play Store and start reading Reference Notes Offline.

Hierarchy of PlanningHierarchy of Planning
Principles of Management (POM)
Third Semester | Second year
BSc.CSIT | Tribhuvan University (TU)

Hierarchy of Plan
Planning is a function which spreads according to its need. It is not done by only a person in an organization. Planning is a process done by all levels of management. Top level management prepares high level plans and middle & first line managers prepare lower level plans but both plans are important to run the organization in present and future perspective.

  1. Mission:It is the theme of the organization. It clears what the organization want to provide to the society. An organization’s mission is the purpose and philosophy that will drive it over a longer period of time, usually five to ten years. A mission defines organization’s business and also serves as the basis for all planning.
  2. Goals: It refers to the planned results to be achieved. It specifies who and whom should accomplish it. It must be within the mission of the organization.
  3. Strategies: It is a master plan defining how will an organization achieve its mission and goals. It identifies basic long term objectives of organization and adopts course of action and allocation of resources for fulfilling goals.
  4. Policies: Policy is comprehensive guideline for decision making. Policy makes Links formulation of strategy with its implementation. It supports the mission, goals, and strategies.
  5. Procedures: It describes the step to be taken for performing a task in detail. It indicates how a policy is to be implement like a guide.
  6. Rules: Rules are strict guides that are to be obeyed by all members of the organization. It is essential tool to operate an organization in an orderly way. It establishes discipline and uniformity in work.
  7. Programs: It is statement of all essential activities to accomplish a single plan. It consists of complex set of goals, procedures, rules, resource flow in aggregate that are designed to accomplish.
  8. Budget: It is a short-term financial plan. It is the basis of measuring actual performance achieved with that of standard. It is designed to allocate the resources of the organization.
(Visited 2,790 times, 4 visits today)

Posted By : Digvijay | Comment RSS | Category : Third Semester
Tag : ,

Post a Comment

Your email is never published nor shared. Required fields are marked *

*
*

Wordpress DMCA
Community | Toolbar | Android App | Founder/Developer : Hari Prasad Chaudhary | CSIT Portal Manager : Digvijay Chaudhary