PLANNING AS AN EFFECTIVE TOOL FOR ACHIEVING ORGANIZATIONAL OBJECTIVES

Abstract

This study was on Planning as an Effective Tool for Achieving Organizational Objectives. Five objectives were raised which included; To determine what consideration an organization bears in mind when designing tools in achieving it management decision, to identify effect of planning as a tool in achieving organizational objectives, to determine the planning that is available to the organization in order to obtain the greatest capacity of workers, to identify and discuss the effect of planning techniques on bottling company and its corporate objective and  to examine the mode and manners in which planning is being applied in Nigerian bottling industry and how effective they are using planning to achieve and increase their organizational objectives. A total of 77 responses were received and validated from the enrolled participants where all respondents were drawn from Nigerian Bottling Company. Hypothesis was tested using Chi-Square statistical tool (SPSS).

Chapter one

Introduction

• Background of the study

The organizational mission and functions such as forecasting, planning organizing, motivating coordinating and controlling as the effective and efficient means by which organization can survive and also satisfy their customers need.

However organization is defined as a group of people bound together to provide unity of action for the achievement of a predetermined objectives. It can also be seen as a process of coordinating individual effect to accomplish common objectives.

Since planning is an independent variable while organization is Depend the success or future of it application will depend on how all it has been positively combine with the use of planning.

In recent years, the development of planning in the organizational filed has brought about a substantial change in the organization thinking and practice. The leaning of planning is almost always a wise investment especially for those who are planning to make a carrier in the field of management.

However, planning has been closely considered from the perspective that it enhance knowledge acquiring and decision making, so many texts have been written open the subject organizational and planning, beside good organization should always make use of planning always with the use of statistic data for problem solving and decision making to accomplish organizational goods and objectives.

1.2 PROBLEMS OF THE STUDY

The idea that a company strategy is important to leaved to the entire organization because of the competition this is because every firm would be working to words achieving of the organization.

Strategic planning is restrained complex that it can be come prohibitively expensive to operate.

Concentration on specific strategies may lead to inability to take up better opportunities when they arise.

Some argue that many firms not considers strategic planning organization objectives be defatted and may lead to closed down of the business.

It is important to note that there is no point that strategic planning bring about a better performance. However fact suggests that improve organizational performances.

1.3 AIMS AND OBJECTIVES OF THE STUDY

The centre of study is on how strategic planning help in achieving organizational objectives among the objectives is to critically examine the list o f available planning tools in term of achieving organizational objective in terms of productivity and thereby making huge profit having.

Therefore the basic aims of this study include,

1. To determine what consideration an organization bears in mind when designing tools in achieving it management decision.
2. To identify effect of planning as a tool in achieving organizational objectives.
3. To determine the planning that is available to the organization in order to obtain the greatest capacity of workers.
4. To identify and discuss the effect of planning techniques on bottling company and its corporate objective.
5. To examine the mode and manners in which planning is being applied in Nigerian bottling industry and how effective they are using planning to achieve and increase their organizational objectives

HYPOTHESIS

HI: Planning has a significant impact on the organization which makes an organization to achieve the goals and objective.

HO: Planning has no significant impart in the organization which are negative effect of the objective of an organization.

H2: Implement and execution of strategic planning has positive impart in the organization performance in achieving the goal and objective of an organization.

H02: Implement and execution of strategic planning has negative impact on an organization performance in the objective and goals of organizations.

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1.4 SCOPE OF THE STUDY

The scope of the study is made up of strategic planning concept theory in reference to Nigerian Bottling Company, strategic planning influence on the business environment in achieving organizational objectives. Also on how the management of business organization should use good strategic planning in solving problems among employees and for good decision making in other to strike a balance between the employees objectives and that of the organization, furthermore, through the use of good planning, this study will influence the organization on how to maintain good position in the midst of other competition.

SIGNIFICANCE OF THE STUDY

It will be very significant to organization.  It will help them know that they have to consult the previous manpower planning and development plan before determining whether to prepare new manpower planning and development. Secondly, the study shall be of great help to managers in gathering information that will help them while planning for the manpower and its development. Thirdly, this study will serve as an aid academically to widen the knowledge of the researcher in the field of business and it will serve as a reference source by future researchers. Lastly, this study will also help the government in making their manpower planning and development budget estimates on yearly bases

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