Corporate Planning

1. Explain the relationship between planning and organizational performance.
2. Define corporate planning and strategic planning.
3. Apply decision-making tools and techniques.
4. Develop and implement a management by objectives (MBO) program.
5. Utilize forecasting methods for effective planning.
6. Apply budgeting and scheduling techniques.
7. Manage projects effectively using project management tools.

13 weeks, about 30 hours in total. Yours will differ.

1. Week 1Module 1: Planning As a Vital Function of Management

   • Unit 1: Overview of Management as Science, Theory and Practice · 2 hours

     Define management and its importance.. Discuss managerial skills and organizational hierarchy.. Explain the systems approach to management.. Enumerate and explain managerial roles.. List and explain the basic functions of management..

2. Week 2Module 1: Planning As a Vital Function of Management

   • Unit 2: Planning as an important Management Function · 2 hours

     Define planning and its features.. Differentiate between planning and forecasting.. Explain the purposes of planning.. Discuss the relationship between planning and controlling.. Enumerate misconceptions about planning..

3. Week 3Module 1: Planning As a Vital Function of Management

   • Unit 3: Corporate Planning, Strategic Planning and Corporate Strategy Compared · 2 hours

     Define corporate planning, strategic planning, and corporate strategy.. Discuss the core areas of strategy.. Explain the concepts of process, content, and context in strategy.. Identify the characteristics of a 'good' strategy.. Outline the objectives of corporate planning..

4. Week 4Module 1: Planning As a Vital Function of Management

   • Unit 4: Objectives: The Foundation of Planning · 2 hours

     Describe objectives as the foundation of planning.. Discuss the nature of objectives, including hierarchy and multiplicity.. Differentiate between real and stated objectives.. Discuss traditional objective setting.. Determine how to set effective objectives..

5. Week 5Module 1: Planning As a Vital Function of Management

   • Unit 5: Classification of Planning · 2 hours

     Classify plans based on different components.. Discuss planning based on its types, including strategic vs. operational.. Explain the differences between short-term and long-term plans.. Differentiate between specific and directional plans.. Describe planning based on frequency of use..

6. Week 6Module 1: Planning As a Vital Function of Management

   • Unit 6: Steps in Planning · 2 hours

     Enumerate and discuss the various steps in corporate planning, including awareness of opportunities.. Explain the importance of establishing objectives and developing premises.. Describe the process of determining and evaluating alternative courses.. Discuss the formulation of derivative plans and quantifying plans by budgeting..

7. Week 7Module 2: Essentials of Planning and Managing by Objectives

   • Unit 1: Decision Making I · 2 hours

     Define decision making as a concept.. Analyze decision making as a rational process.. State the roles and limitations of rational decision making.. Explain the decision-making process.. State the role of a manager as a decision-maker..

8. Week 8Module 2: Essentials of Planning and Managing by Objectives

   • Unit 2: Decision Making II · 2 hours

     List the types of problems and decisions.. Enumerate the decision-making conditions.. Highlight and discuss decision-making styles.. State and explain the development of alternatives and the limiting factor.. Discuss creativity and innovation..

9. Week 9Module 2: Essentials of Planning and Managing by Objectives

   • Unit 3: Management by Objectives · 2 hours

     Define the concept of Management by Objectives (MBO).. Discuss how Management by Objectives (MBO) has evolved.. Enumerate and discuss the benefits and weaknesses of Management by Objectives..

10. Week 10Module 2: Essentials of Planning and Managing by Objectives

    • Unit 4: Premising and Forecasting · 2 hours

      Define forecasting and premising.. Differentiate between forecasting and premising.. Explain what is meant by environmental forecasting.. List ways by which forecasting can be made effective.. Define Benchmarking..

11. Week 11Module 2: Essentials of Planning and Managing by Objectives

    • Unit 5: The Role Of Corporate Planners In An Organisation · 2 hours

      Define a corporate planner.. State the role of a corporate planner.. Enumerate the functions of a corporate planner in an organization.. Discuss the role of marketing planning in the context of corporate planning..

12. Week 12Module 3: Planning Tools and Techniques

    • Unit 1: Operational Planning Tools I – Budget · 2 hours

      Define budget.. Enumerate the types of budgets.. Classify budgets into variable and fixed.. Discuss the importance of budget.. List and discuss the various methods for capital investment criterion..

    • Unit 2: Operational Planning Tools II · 2 hours

      Define scheduling.. Demonstrate the use of Gantt and load charts.. Define PERT network analysis and demonstrate the use of this tool for operational planning purpose..

13. Week 13Module 3: Planning Tools and Techniques

    • Unit 3: Operational Planning Tools III · 2 hours

      Define and discuss breakeven analysis.. Define and describe linear programming.. Explain queuing theory.. Discuss probability theory..

    • Unit 4: Operational Planning Tools IV · 2 hours

      Define and discuss marginal analysis.. Explain simulation.. Define and describe project management..