StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Planning Function of Management in an Organization - Essay Example

Cite this document
Summary
Planning is important at all levels of management as it is concerned with making decisions which will impact the future of the organization. Planning function gives rise to organizing, staffing, leading and controlling functions. It is easy for managers to organize and staff goals when they know that the goals are attainable…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER93.2% of users find it useful
Planning Function of Management in an Organization
Read Text Preview

Extract of sample "Planning Function of Management in an Organization"

Download file to see previous pages

Strategic planning is a process in which organizations strategies are determined, which utilizes major resources of the organization to achieve the goals. The company, EVENTIS is an event creator, organizer and manager. It has organized various events in its short history of 8 months and has come to be known as a very competent company. The company's portfolio includes organizing events such as weddings, concerts, gigs, conferences, seminars and the biggest event as yet, the Australian Cultural Festival.

In this short span of time, EVENTIS has gathered a force of 400 young, talented and highly motivated employees through its friendly and goal oriented work environment. The satisfied customer base is increasing day by day and the future looks bright for EVENTIS at least for the near future. Planning is an essential process in EVENTIS, it helps the organization in achieving its goals and competing better with other and progressing in future. It consists of setting strategic objectives that define the desirable business aims to be achieved.

Optimizing the strategic objectives by choosing the best considered mechanisms and to ensure the best use of organizational resources in given time is by developing operational plans. It also consists of organizing the management process in such a way that it helps in making the most effective decision and implementation plan. It also includes proper management of information that helps in support in management process by developing the communications system. This planning process is not consistent; it's changing along with the environment which governs the organization's entities.

Thus the company makes sure that they monitor the environment which includes the competition, latest technology, government's rules and regulations and update their planning accordingly. [2]Impact of the following on the Management Planning in the OrganizationEVENTIS is an organization that deals with legal issues, ethics and corporate social responsibility very effectively as they play a very essential part in its remarkable planning management.Legal IssuesEVENTIS as an event management company knows its responsibilities under law and organizes event taking special care of a variety of legal issues.

It is their legal responsibility to make sure whether their event available within a particular time.EVENTIS ensures who actually owns the event as it involves various rights and liabilities and clarifies whether they can enter into a contract with the third party regarding the event. It becomes necessary in some cases to take official permission from the sanctioning body in order to host or manage events. The sanctioning is usually required for any national and international event under international rules and it ensures that the event is delivered according to the standards of the governing body.

It is necessary to take license or permission before holding an event at any place and these licenses are issued by the local authorities. EVENTIS require the following licenses:Public Entertainment License - this is issued to conduct events in open air, can be for more than one occasion and issued by local

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Planning Function of Management in an Organization Essay”, n.d.)
Retrieved from https://studentshare.org/miscellaneous/1507974-planning-function-of-management-in-an-organization
(Planning Function of Management in an Organization Essay)
https://studentshare.org/miscellaneous/1507974-planning-function-of-management-in-an-organization.
“Planning Function of Management in an Organization Essay”, n.d. https://studentshare.org/miscellaneous/1507974-planning-function-of-management-in-an-organization.
  • Cited: 0 times

CHECK THESE SAMPLES OF Planning Function of Management in an Organization

Cross-functional Communication

This is a medium that links human resources and organization formally and informally through various channels/media.... The intention of this study is communication as one of the vital management activities upon which most of its functions are based.... Basically, a business encompasses various organizational activities such as operations or production of gods/services, human resources management, marketing and sales activities, finance and budgeting, technology and systems development, and research and development....
14 Pages (3500 words) Term Paper

Planning Function of Management

Let us discuss planning function of management in some detail in order to know the role that it plays in the success of a company 2.... planning function of management by [your name goes here] Presented to [your goes here] [your class name goes here] [your university's name] [due date of the paper] TABLE OF CONTENTS CONTENTS PAGE # 1.... Introduction Before going to evaluate the planning function of an oilfield company, let us get a better understanding of what planning actually is....
4 Pages (1000 words) Essay

Foundation of managing and organising

Foundation of Managing and Organizing Name: University Course: Instructor: Date: Foundation of Managing and Organizing Introduction In its basic connotation, management is the process of “planning, organizing, leading and controlling” people and activities in an organization and using the resources to achieve a set of goals.... hellip; In this regard, the role of a manager is therefore to maintain control of the operations of an organization by leading, inspiring and directing people to operate in a given way....
12 Pages (3000 words) Essay

Management Functions

With reference to the theories of management functions, the report tends to recommend and highlight the importance of fundamental management related concepts that lead towards greater enhancement in the overall business performance of a particular organization.... With reference to the major attributes of management functions, this paper intends to present a series of recommendations to Amanda Smith (Amanda) in response to the concerns identified from the case....
6 Pages (1500 words) Case Study

Effective Industrial Management

This concept of management points out the purpose of function of management but it tells us little about the nature of management processes, that is, how the manager achieves the results.... n an organization, the leader of the organization has purpose for the organization.... Delegation of authority creates an organization.... This definition covers the three major functions of management, viz.... Management is what management does" - points out the functional approach to management and emphasizes the importance of distinctive managerial functions which together give us unified concept of the process of management....
8 Pages (2000 words) Essay

Human Resource Management Practices in the Aviator Aviation Corporation

Human resource management is very crucial for the whole function of an organization because it assists the organization to create loyal employees, who are ready to offer their best.... hellip; The adjustment process requires a lot of management skills.... The ability of the organization to survive in today's competitive environment has become a function.... Aiming to enable the organization to achieve its strategic goals by attracting, retaining and developing employees, Human Resource Management functions as the link between the organization and the employees....
11 Pages (2750 words) Essay

Five Management Functions

The essay highlights information about all these functions of management in the light of a company.... The execution of few functions of management in Tesco Plc can be explained as follows (Wong & Hua-Tan, 2014).... he article consists of detailed analysis of the functions of management and the way it is carried out by the British multinational merchandise retailer Tesco Plc.... The analysis can provide a comprehensive view of the leadership framework and the functions of management carried on in this company....
6 Pages (1500 words) Essay

Functions of Management

There are four main functions of management which separates the process from the rest of the business functions.... However, the planning process Functions of management al Affiliation: Effective management involves solving of problems, motivating the subordinates and ensuring that the organization accomplishes the set goals and objectives.... There are four main functions of management which separates the process from the rest of the business functions....
1 Pages (250 words) Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us