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The Relation of Planning to Organizational Sustainability

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The Relation of Planning to Organizational Sustainability[edit]

Introduction[edit]

The major struggle of every business or organization is for their entity to thrive and ponder. Organizational Sustainability is becoming a strategic imperative for many of today’s businesses[1]. For example, businesses are beginning to be an advocate of the environment restoration, so innovations that can make less harm to the environment are starting to hit. These social responsibility and environmental performance are receiving significant impact from the government, consumers, business organizations and even the academe.

Although organizational sustainability is hitting the globe, it is still proving its significant challenge in both technology and public relation aspects[2]. Some extended their support for organizations that implement new corporate responsibility actions. While this major population of the public embraces organizational sustainability, many organizations have failed to commit sustainability practices. They struggle to build sustainability measures into their new product development procedures, manufacturing processes or supply chains and they fail to align practice with sustainability objectives or strategies. Moreover, research has shown that personal and organizational values can have an influence on organizational sustainability[3].

Letting organizations plan ahead of time diminishes the threat that it could pose to the organizational structure, and public image. Planning aligns paths that the organization should take in order to acquire the best results and achievement of the goals presented at the formation of the business. This journal will discuss about the importance of the management function, PLANNING, in attaining Organizational Sustainability.

Theoretical Alignment Of Organizational Sustainability And Planning[edit]

According to Koontz & O’Donell, “Planning is deciding in advance what to do, how to do and who is to do it. Planning bridges the gap between where we are to, where we want to go. It makes possible things to occur which would not otherwise occur[4]”. Planning was defined in our discussion that it is setting up goals and objectives and converting them into specific elements or activities that needs to be accomplished. It was also noted on class that there are long term and short term planning. That is where the kinds of planning enter. There are three kinds of planning, First is Strategic Planning. Strategic planning involves analyzing competitive opportunities and threats, as well as the strengths and weaknesses of the organization, and then determining how to position the organization to compete effectively in their environment[5]. This kind of planning usually takes up a long term frame. It is often, three years or more. Strategic planning generally includes the entire organization and includes formulation of objectives. Strategic planning is often based on the organization’s mission, which is its fundamental reason for existence. An organization’s top management most often conducts strategic planning. Example of this kind of planning can be, I am going to be a manager of a government institution and a like. Noting that I am only 22 years old, and being graduated for only a year now, this kind of goal may take up three or more years for me.

Second, is the Tactical Planning, now, it is like a medium term planning, that usually takes up, one to three years. This kind of planning is often a supporting plan for the Strategic Planning - an Intermediate-range (one to three years) planning that is designed to develop relatively concrete and specific means to implement the strategic plan[5]. For my above example, if I want to be a manager of a government institution, I must acquire specific trainings and learnings in order to be qualified for the said position. So a tactical plan for me can be, taking up my masters. Enrolling in graduate studies can mean career advancement for the individual. Middle-level managers often engage in tactical planning. When an institution’s goal is to be one of the best performing institution in a certain area, they will set goals that can support that kind of agenda.

The third is Operational Planning. It generally assumes the existence of organization-wide or sub unit goals and objectives and specifies ways to achieve them. Operational planning is short-range (less than a year) planning that is designed to develop specific action steps that support the strategic and tactical plans[5]. My operational planning that can support my strategic plans can be the submission of reports, analysis and passing of exams in order for me to attain my strategic goals, which is to finish my Masters or graduate school degree.

It was debated what management function plays the most significant part in attaining organizational sustainability. Planning can lead a positive or negative outcome to the organization. Proper planning makes supervision more effective, thus making the work more efficient with all kinds of positive outcomes. Moreover, proper planning has a multiplier effect, meaning it leads to further efficiencies of all kinds as well as greater effectiveness. In contrast, poor planning and absence of planning have an intense impact to the organization. Poor planning and foregoing planning at the same time executing actions can also generate bad impact to the business.

The most obvious alternate view, and the one to recommend here, is to recognize that there most certainly are multiple demands on the supervisor’s time and talents. And it definitely seems as though there is never enough time to get everything done. Because of this, it also is true that we do not have time not to plan. This may sound like a contradiction, but it is absolutely true.

Major Point of This Journal[edit]

The planning function ensures that the organization identifies and selects appropriate goals and measures for achieving the objectives. The bank where I am currently affiliated with, considers this a principal function of management because it ensures that all branches share and work towards shared objectives. The managers of the branches also benefit from this function by ensuring the resources available are effectively utilized towards the achievement of set goals. The company’s vision by 2020, LANDBANK will be the top universal bank that promotes inclusive growth and improves the quality of life especially in the countryside through the delivery of innovative financial and other services in all provinces, cities and municipalities[6]. To achieve this, the bank carefully plans actions to take and attempts to maximize available resources.

Being a bank employee for one year, it takes two or more to tango. There are lots of risks and turns in the financial industry. Although the bank that I am currently affiliated with will never incur bankruptcy, it is needed or managers needed to select and control planning function effectively and efficiently. The Planning Function plays a vital role in the success of the management and to the attainability of their goals and objective. Effective management process has contributed to the company’s success over the past ten years. Today, the company is one of the leading financial intermediaries in the country. The reputation of the company is greatly associated with innovation and strong customer relationships, which are maintained by management functions. The planning function is used to develop the company objectives, while the controlling function measures and monitors company resources. The organizing function assists in building a strong harmonious human resource and the leading function organizes all activities to achieve efficient and effective results. Therefore, these management functions greatly influence competitiveness and performance of the bank. It always starts with proper planning and execution of thoughts and ideas. Sewing good plans can build a great and beautiful canvass.

Planning Function of Management can be treated as an investment. It takes time, energy, and a lot of effort. But as investment works, planning can also yield profit or benefits that can play a significant role in the success of the company. This should be the stand of all employees and managers- no matter what level of authority they have, in order to successfully maintain the organizational stability of the business.


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