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GROUP 5
JULFICAR GUIAPAL
WHAT IS ORGANIZATIONAL PLAN?
An organizational plan is a method for planning the future goals of an organization to be
sure everyone on the team understands what management expects. Having an
organizational plan allows the company to move towards success and profitability. An
organizational plan can improve a business’s workforce, finances or products as well as
grow the business overall. An organizational plan usually involves five steps, including
strategic planning, operational planning and reviewing and revising throughout. Each step
breaks down the step before, ensuring the organization can achieve the larger goals. Often,
an organizational plan starts with a look at the overall company and larger and more long-
term goals before breaking that down into smaller, more manageable goals. Organizational
plans also include a step for the company to assess progress and create new goals. While
high-level managers might start the organizational planning process, every employee is
part of the cycle.
Financial Planning
Financial planning involves a company finances and how they be used. As a part of an
organizational plan, this might including new investments, allocating funds differently or
working with a professional to determine how to use profit. Most organizations want to
protect their financial health and grow their profits as much as possible, while also growing
their company.
An organizational plan which work cycle:
STRATEGIC PLAN-
Gathering company data like performance metrics
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Reviewing company mission and values
Performing a SWOT analysis
Setting goals based on the above information
CREATE TACTICAL PLAN-
The tactical plan stage of organizational planning takes the strategic plan and turns it into
goals that are more accessible and measurable. If strategic planning involved only high-
level managers, tactical planning will include other managers as well. For instance, if you
have a ten-year strategic plan with multiple goals, it’s likely you’ll want to break those
goals into pieces ranging from every few years to once a quarter.
DRAFT OPERATIONAL PLAN-
The operational plans put the goals from the strategic and tactical plans into daily
operations. Operational plans are the work you do regularly to achieve the strategic and
tactical plans’ goals. You may need to create new company policies, change workflows or
work with consultants to make suggestions for ways to meet your goals. Employees of all
levels may be involved in this step of organizational planning.
EXECUTE THE PLANS-
Executing the plans is a key step in the organizational planning process, as this is when
organizations take all the planning from the previous steps and use it in day-to-day
operations. This is how an organization can achieve the goals that have been set, as each
new process and procedure established as an operational plan and used during the plan
execution should achieve tactical and strategic planning goals.
REVIEW AND REVISE-
The review and revise stage is important and should be done regularly to ensure the
organization is achieving necessary goals. The timing for reviewing and revision will vary
depending on the goals of the organization, but this should be planned for from the
beginning of the organizational planning process.
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KEY COMPONENTS
The planning process provides the information top management needs to make effective
decision about how to allocate the resources in a way that will unable the organizational to
reach its resources are not wasted on projects with little chances of success.
REFERENCE
https://www.indeed.com/career-advice/career-development/organizational-plan

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GROUP 5 JULFICAR GUIAPAL WHAT IS ORGANIZATIONAL PLAN? An organizational plan is a method for planning the future goals of an organization to be sure everyone on the team understands what management expects. Having an organizational plan allows the company to move towards success and profitability. An organizational plan can improve a business’s workforce, finances or products as well as grow the business overall. An organizational plan usually involves five steps, including strategic planning, operational planning and reviewing and revising throughout. Each step breaks down the step before, ensuring the organization can achieve the larger goals. Often, an organizational plan starts with a look at the overall company and larger and more longterm goals before breaking that down into smaller, more manageable goals. Organizational plans also include a step for the company to assess progress and create new goals. While high-level managers might start the organizational planning process, every employee is part of the cycle. Financial Planning Financial planning involves a company finances and how they be used. As a part of an organizational plan, this might including new investments, allocating funds differently or working with a professional to determine how to use profit. Most organizations want to protect their financial health and grow their profits as much as possible, while also growing their company. An organizational plan which work cycle: STRATEGIC PLAN• Gathering company data like performance metrics • Reviewing company mission and values • Performing a SWOT analysis • Setting goals based on the above information CREATE TACTICAL PLANThe tactical plan stage of organizational planning takes the strategic plan and turns it into goals that are more accessible and measurable. If strategic planning involved only highlevel managers, tactical planning will include other managers as well. For instance, if you have a ten-year strategic plan with multiple goals, it’s likely you’ll want to break those goals into pieces ranging from every few years to once a quarter. DRAFT OPERATIONAL PLANThe operational plans put the goals from the strategic and tactical plans into daily operations. Operational plans are the work you do regularly to achieve the strategic and tactical plans’ goals. You may need to create new company policies, change workflows or work with consultants to make suggestions for ways to meet your goals. Employees of all levels may be involved in this step of organizational planning. EXECUTE THE PLANSExecuting the plans is a key step in the organizational planning process, as this is when organizations take all the planning from the previous steps and use it in day-to-day operations. This is how an organization can achieve the goals that have been set, as each new process and procedure established as an operational plan and used during the plan execution should achieve tactical and strategic planning goals. REVIEW AND REVISEThe review and revise stage is important and should be done regularly to ensure the organization is achieving necessary goals. The timing for reviewing and revision will vary depending on the goals of the organization, but this should be planned for from the beginning of the organizational planning process. KEY COMPONENTS The planning process provides the information top management needs to make effective decision about how to allocate the resources in a way that will unable the organizational to reach its resources are not wasted on projects with little chances of success. REFERENCE https://www.indeed.com/career-advice/career-development/organizational-plan Name: Description: ...
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