Planning as an Effective Tool for Achieving Organizational Objectives
CHAPTER ONE
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,
- 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.
- 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
CHAPTER TWO
LITERATURE REVIEW
THEORETICAL REVIEW
The issue of theoretical review on manpower planning and development can be used to mean a predetermined course of an action, but defining manpower planning and development in such a way does not make an organization to have a clear view of what the word manpower planning and development really stand for. However, according to Steiner (1969), manpower planning and development as a process which beings with objectives, defines strategies, policies beings and detailed plan to achieve them, which establishes an organization to implement decisions, include review of performance and feedback to introduce a new manpower planning circle. Therefore, manpower planning and development involves selecting missions and achieving them, it requires decision making that is chosen from among alternative future causes of action. Manpower planning and development thus provide a rational approach to achieve presented objections. Berneth (1996), defines manpower planning and development as the deliberate and systematic determination of how to use personnel’s in the future in order to fulfill the organizations mission and meet its objectives, give certain predicted or intended conditions. This definition shows that concerns for manpower planning and development imply a future orientation and as such the essence of it is to prepare for and predict events. Because of constant changes in the environment, continuous manpower planning is an essential change that faces managers to plan in an attempt to reveal in advance opportunities for, and threats to the programme. In most cases, success or failure depends on a capacity to adapt to plan both to new information and changing environmental conditions. Thus, manpower planning and development is a process by which managers utilize and determine future action that will lead to realization of desired objective.
CHAPTER THREE
RESEARCH METHODOLOGY
INTRODUCTION
In this chapter, we described the research procedure for this study. A research methodology is a research process adopted or employed to systematically and scientifically present the results of a study to the research audience viz. a vis, the study beneficiaries.
RESEARCH DESIGN
Research designs are perceived to be an overall strategy adopted by the researcher whereby different components of the study are integrated in a logical manner to effectively address a research problem. In this study, the researcher employed the survey research design. This is due to the nature of the study whereby the opinion and views of people are sampled. According to Singleton & Straits, (2009), Survey research can use quantitative research strategies (e.g., using questionnaires with numerically rated items), qualitative research strategies (e.g., using open-ended questions), or both strategies (i.e., mixed methods). As it is often used to describe and explore human behaviour, surveys are therefore frequently used in social and psychological research.
CHAPTER FOUR
DATA PRESENTATION AND ANALYSIS
INTRODUCTION
This chapter presents the analysis of data derived through the questionnaire and key informant interview administered on the respondents in the study area. The analysis and interpretation were derived from the findings of the study. The data analysis depicts the simple frequency and percentage of the respondents as well as interpretation of the information gathered. A total of eighty (80) questionnaires were administered to respondents of which only seventy-seven (77) were returned and validated. This was due to irregular, incomplete and inappropriate responses to some questionnaire. For this study a total of 77 was validated for the analysis.
CHAPTER FIVE
SUMMARY, CONCLUSION AND RECOMMENDATION
Introduction
It is important to ascertain that the objective of this study was to ascertain Planning as an Effective Tool for Achieving Organizational Objectives. In the preceding chapter, the relevant data collected for this study were presented, critically analyzed and appropriate interpretation given. In this chapter, certain recommendations made which in the opinion of the researcher will be of benefits in addressing the challenges of Planning as an Effective Tool for Achieving Organizational Objectives
Summary
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).
Conclusion
The study revealed that there is positive and significant relationship between strategic planning and better organizational performance. There is also a significant relationship between strategic planning and organization objective. To conclude planning is imperative for better organization objective
Recommendation
Top management must participate fully in formulating the corporate / strategy and should not delegate it to their subordinate
Management should be using their previous manpower plan as a point of contact while preparing for new manpower planning in order to avoid mistakes.
Managers of all levels should participate in manpower planning since imposing manpower planning on managers without their participation or opinion is a barrier to successful manpower planning.
Manpower planning should not be rigidly followed; it must be flexible in order to adjust incase of any environmental change.
References
- Agu C.N (2001), Fundamental of small Business Management and Entrepreneurship Development Owerri, I.O Publishers.
- Agu C.N (2003); Management: An Introductory text Owerri,. Brighton Graphic.
- Agbato J.O (1988): The Nature of Management Lagos: Abiola Bookshop.
- Appleby R.C (1981); Modern Business Administration: Pitman Publishing London.
- Barker L.T (1982); Management Made Simple London; Heinemann Co. Ltd.
- Benneth Rogers (1996); Corporate Strategy and Business Planning England, Person Education Ltd.
- Bedeian Arthur G. (1987); Management, CBS College Publishing, New York.
- Burton Gens (1997); Management Today; Principles and practice New Delhi, McGraw Hill Tata.
- Drucker P.F.G (1973); Management; London: Heinemann Publication.
- Drunker P (1977); People and Performance the best of Drunker on Management London: Heinemann Ltd.
- Ejiofor P.N.O (1989); Foundation of Business Administration London: Africa Feb. Publishers Ltd.
- Eyre E.C (1984) Mastering Basic Management London, Macmillan Education Ltd.
- Glueck F.W (1980); Management (2nd Ed.) C.d Illinois: The Dryden Press.
- Handy C.C.B (1981); Understanding Organization, Great Britain: Penguin books.
- Haywood Phil (1974); Planning and Human Need; Singapore: McGraw Hill Book Company.
- Koontz H et al (1993); Management: A Global Perceptive New York: McGraw Hill.
- Lynden Fremont J. (1968); Planning Budgeting System Approach to Management; Chicago
- Mugh Henry J (1974); Statistics: The Fundamental for Research New York, John willey and Sons Inc.
- Obi E.C (2001); Management; Basic Theories and Processes: Matik Education Books Aba.
- Wool Coot L. and Ross C (1979); Business Administration London: Hutton Bee Books.