QUESTIONS AND ANSWERS
PLANNING - ANSWER-▪defined as deciding in advance what to do; who is to do it;
and how, when, and where it is to be done.
▪ It also encourages unity of goals and continuity of energy expenditure (human and
fiscal resources) and directs attention to the objectives of the organization.
Reasons for Planning - ANSWER-•Achievements of goals
• Effective control
• Helps in coping with crisis
• Reduces element of change
Modes of Planning - ANSWER-- reactive planning
- inactivism
-preactivism
- interactive or proactive planning
Elements in planning - ANSWER-1. Forecasting
2. Time management
Forecasting - ANSWER-involves trying to estimate how a condition will be in the
future
takes advantage of input from others, gives consequences in activity, and protects
an organization against undesirable changes
Reactive Planning - ANSWER-occurs after a problem exists
planning efforts are directed at returing the rganization to a previous, more
comfortable state
Inactivisim planning - ANSWER-seeks the status quo, and they spend their energy
preventing change and maintaining conformity
Preactivism planning - ANSWER-uses technology to have change
future oriented
Interactive or proactive planning - ANSWER-occurs in anticipation ofchnaging needs
planning before problem occurs
Strategic planning - ANSWER-- Long range planning and must be realistic
- List down the strength and weaknesses of the organization
- Managers must align managers' capabilities and external opportunities
- Examine the readiness for change, identify function critical to achieving goals
- Involves top level managers
Common tools used in strategic planning - ANSWER-SWOT analysis
Balanced scoreboard