Corporate Planning

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Corporate Planning

corporate planning is a term that describes the approach or management style, the attitude of the mind, which is a structured and integrated approach is used for all aspects of the company's activities. The idea is to treat the company as a whole companies rather than a range of departments. The company's treatment on a long-term basis rather than one in the short term. The company is studying with precise definitions of goals work in the past, current and future environment.

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planning companies that Drucker as "continuing to make project decisions systematically process and with the best possible knowledge of the benefit in the future, regulation systematic effort needed to implement these decisions and measure results against expectations by organizing responses of systematic feedback .."

in a study of hundreds of international companies, the reasons for these companies provided corporate planning was.

• Effective diversification;
• rational allocation of resources;
• improve coordination and anticipation of technological change;
• increased profitability and growth rate.

Despite the significant annual profits, they are short-term factors in corporate plans. Manpower and new product development are examples of factors that affect the survival of the organization in the long term. This is getting better by the companies to adopt means of corporate results. In fact, to the adoption of appropriate management style to work in an atmosphere of change is the key to the successful implementation of corporate planning.

, governments and local industries management systems and practices in all types of businesses such as banks to reconsider to give more weight to strategic considerations. Competition may not be in a lot of products or markets, but through the conflict with the government and pressure groups in the community regarding such things as pollution, safety and welfare. There is therefore a need

The company plans to deal with social and political change. This needs careful thought in setting goals and social policies and plans to ensure gain social and political acceptance of the ideas of the company. The idea behind this strategy is to adapt the organization to its environment problem and this usually means drastic changes in management and organizational structure.

The whole of the company, which is part of should be examined, such as supply and demand factors, and possible future trends and new opportunities, threats or problems industry. It should make a comparison between the performance of the company and that of its competitors. Trends should be taken in the economic and political fields into account, such as government control over mergers. They should then identify certain key factors appear likely to improve the company's position.

The final evaluation will cover specific areas and problems and opportunities available to them:

• the necessary research and development to the need for new products and improve products.
• the necessary human resources to ensure the availability of staff in line with the required quantity and quality;
• sales and marketing, which reflect the importance of sales policies, and market share, and its suitability for quality, design and product prices, the marketing mix.
• production, which is necessary to ensure sufficient production capacity and other facilities and production costs are acceptable.

From the above analysis the possibility of reorganization and integration of diversification, etc., it can be considered.

basic need is for the plans from the various areas of the business to be integrated so interconnected that the functional plans for the formation of the general plan of the company. The company's plan, however, is more than just a correlation between functional plans; systems can approach to achieving business goals over a period of time considered. And he gave an account of the interest of different strategies that can be adopted and classifications of the opportunities and risks in managing for results, according to Peter Drucker.

refers to the important strategies that should be decided as follows:

(a) to decide what are the opportunities or want to want the company to follow up on what risks it is willing and able to accept:
(b) deciding on the scope and structure of the proper balance between specialization and diversity and integration.

His classification of opportunities (additive and complementary to penetrate), risk and evidence of interesting and practical help in the formulation of strategies. I found one big company for the first time in such an analysis is that 75 per cent of its profits come from a single product, and this is taking the market to decline slowly. Many other important factors can come from this analysis, such as lack of access to financial assets.

A final point on this side is a measure of "concerted efforts" that are defined often as the 'assessment of strengths and weaknesses. "The concept of synergy can be better explained using the following example. If, for example, the return on investment for the company as a whole is just the return on existing activities in addition to the new activity, there is no synergy (2 + 2 = 4.) but where the new activity makes use of available resources, and the return to the company as a whole will be greater than the average of new activities and existing (2 + 2 = 5).

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plans of those widely concerned with the long period of time, and of concern to senior executives, to the short-term, day after day working plans of concern to managers at lower levels in the Organization. as the amount of the increase innovation in a given period, and the time available for the exploitation of new product reduces. but it still takes the same to develop and test new products. We still spending money on promotion and activities sale ands, and the life span of the product falls, will be reduced profitability. planning long-term (LRP) enables management to anticipate difficulties and take steps to eliminate them before they appear and can help to achieve a more unified approach to the various factors in the problem. Plans, though, must clearly define a director accountable and the resulting, ie it must be specific management by objectives.

length of the plans varies from industry to industry. More likely to plan in the next few years, such as the automotive industry. Others may plan just six months ago, such as the fashion industry. You can plan different aspects of the plan will cover different time periods, such as loans to cover certain expenses a year ago, while the plans for the new car cover at least four years ago. LRP will, of course, has a short-term plan (plan) that to rest is supposed to cover one year. The freedom to change the SRP is limited and can be divided into monthly obligations. It is important to realize that the assumptions in the LRP must be specific and any change which have been carefully studied.

corporate planning is simply the formal logical approach to business management, which is a comprehensive or cover all activities of the organization. Individuals are responsible for the planned results. Corporate Planning is a tool for managing and directing the business towards achieving agreed objectives. It can be said corporate planning for the integration of long-term planning and management by objectives, has been developed in the event since its inception in the United States in the 1950s.

outline the position of the companies in the organization can indicate the status of the activity. The person usually has the role of staff, to advise management; it is generally a great person reports, and sometimes the CEO. It is responsible for:

• organization section.
• Preparation of agreed planning system;
• ensure that all roles are known and agreed upon everyone to fulfill the criteria.
• acting on behalf of the Chief Executive in the preparation, coordination and control of the company plan.
• preparation of reports on the progress made. Include

own responsibilities as follows:

• consider the growth opportunities and to develop goals and strategies to exploit growth.
• keep up with business trends and developments in management techniques.

However, the outline of the companies are also facing with restrictions:

• responsible only for faculty members.
• CEO of events affecting the company's plans recommended.

There are many advertisements for corporate planners and qualifications typically include degree with good knowledge in mathematics and statistics and management methods. In addition, it has got at least eight years experience in corporate, industry, or more than one acceptable to most people and personality. Its role is to install and maintain the system; planners companies are not planning system. If they do, this will lead to many problems.

source: Http://en.articlesgratuits.com/corporate-planning-id1432.php

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