Strategic Planning and the Organization...

Strategic Planning and the Organization Organizational management is to plan for the future for the effective functioning of the organization. For this both the short range and the long range planning is needed (Fig 1). The idea of long range planning for the organization is rather new and was practically unknown several decades ago, but presently it is being done in most of the organizations. These days, there is hardly an organization which does not have an elaborate long range plans. Fig 1 Future planning for the organization It is rather necessary that each of the basic management decision is to be a long range decision. These days for an organization, especially in a large organization, ten years is considered to be short time span. Whether concerned with building new capacities or for introducing a new product in the market, or reorganizing the internal set up of the organization for its effective functioning, implementation of every major management decision takes years before it is really effective. And it has to be productive for years thereafter to pay off the investment made in men and money. Hence, the organizational management requires skills in making decisions with long futurity on a systematic basis. Management has no choice but to anticipate the future, to attempt to mould it, and to balance short range objectives with the long range objectives. Though looking into the future is not an easy job, yet the management is to ensure that these difficult responsibilities are not overlooked or neglected but are taken care off as well as it is to ensure that it is realistically possible. The future does not just materialize even if the management has very strong desires for it. The strong desires are not enough. The future needs decisions...