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    What Is The Planning Process?: Views

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    Kim Gabriel Oaña
    The planning process involves companies developing budgets and plans to guide future activities. There are several types of plans such as strategic plans, tactical plans, operating plans, and project plans. The planning process generally involves developing objectives, tasks to meet objectives, determining required resources, creating a timeline, and tracking methods. For example, a sales department manager developed annual sales goals and an automation project plan by setting objectives, listing tasks, determining needed resources like staff and supplies, and creating a timeline for resource allocation.

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    What Is The Planning Process?: Views

    Uploaded by

    Kim Gabriel Oaña
    39 views2 pages
    The planning process involves companies developing budgets and plans to guide future activities. There are several types of plans such as strategic plans, tactical plans, operating plans, and project plans. The planning process generally involves developing objectives, tasks to meet objectives, determining required resources, creating a timeline, and tracking methods. For example, a sales department manager developed annual sales goals and an automation project plan by setting objectives, listing tasks, determining needed resources like staff and supplies, and creating a timeline for resource allocation.

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    The planning process involves companies developing budgets and plans to guide future activities. There are several types of plans such as strategic plans, tactical plans, operating plans, and project plans. The planning process generally involves developing objectives, tasks to meet objectives, determining required resources, creating a timeline, and tracking methods. For example, a sales department manager developed annual sales goals and an automation project plan by setting objectives, listing tasks, determining needed resources like staff and supplies, and creating a timeline for resource allocation.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    39 views2 pages

    What Is The Planning Process?: Views

    Uploaded by

    Kim Gabriel Oaña
    The planning process involves companies developing budgets and plans to guide future activities. There are several types of plans such as strategic plans, tactical plans, operating plans, and project plans. The planning process generally involves developing objectives, tasks to meet objectives, determining required resources, creating a timeline, and tracking methods. For example, a sales department manager developed annual sales goals and an automation project plan by setting objectives, listing tasks, determining needed resources like staff and supplies, and creating a timeline for resource allocation.

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    of 2

    What Is the Planning Process?

    The planning process is the steps a company takes to develop budgets to guide its future
    activities. The documents developed may include:

     Strategic plans (long-range, high-level company goals)


     Tactical plans (shorter-term, specific plans to work toward goals in the strategic plan)
     Operating plans (detailed plans for a specific department to implement)
     Project plans (plans to implement projects such as launching new products or building a
    new plant)

    388K views

    How Does the Process Work?


    Although the specific steps differ slightly from company to company and depend on which type
    of plan you're developing, there are general steps that should be taken in order to ensure a good
    result. The steps in the planning process are:

     Develop objectives
     Develop tasks to meet those objectives
     Determine resources needed to implement tasks
     Create a timeline
     Determine tracking and assessment method
     Finalize plan
     Distribute to all involved in the process

    We're going to follow Mark, a department manager in a large company, as he develops a tactical
    budget for his sales department for the next year.
    Step One: Develop Objectives
    The first step in the planning process is to determine what you want to accomplish during the
    planning period. A long-range strategic plan might focus on specific market share achievements
    five years in the future, while a department-level operating plan might target implementation of a
    new method of tracking sales orders in the next quarter.
    Mark is focused on annual objectives for his sales department, and so he begins by establishing
    sales goals for his team for the next year, and also defines a project he'd like to implement that
    automates the sales order process.
    Step Two: Develop Tasks to Meet Those Objectives
    The next step is to come up with a list of required tasks to meet the objectives defined. In our
    example, Mark determines the sales per month required to meet the sales goal he is targeting, and
    also lists out a few main tasks relating to the automation process - including selection of the tool
    and training for the team on its use.
    Step Three: Determine Resources Needed to Implement Tasks
    Next, resources to implement the objectives need to be determined. In this case, 'resources'
    includes both the people needed to implement the plan and the supplies or other resources
    needed to support those people. For the sales department, this might include the salespeople, a
    sales administrator, various supplies such as brochures, and funds for an advertising campaign to
    increase the number of prospects in the sales team funnel.
    Step Four: Create a Timeline
    The timing of resources now needs to be determined. For example, Mark anticipates the
    marketing campaign will start at the beginning of the year, and this will increase the number of
    prospects for the sales team for the second half of the year. Based on this, he shows the
    marketing campaign resources being spent in the first two months of the year, and the need for
    hiring of an additional salesperson near the end of the second quarter.
    Step Five: Determine Tracking and Assessment Method

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