This research work will be based on corporate planning as a tool for achieving organizational objective. Corporate planning is a long –term strategic planning which covers some periods of years longer than one year and typically embraces 3,5,10 year or even longer than that period. Ian organization, corporate plan coordinate the affairs of the organization effectively
In the curse of doing this we bring about the problems that will arise, the significance, objectives of the study and the limitation and the scope of the study some pimple of the study includes,
The next stage will be chapter two which will deal with hierarchical nature of planning nature of the study and some stage in corporate planning which will entail, considering the best way to move from where organization will future.
This chapter will also explain the importance of the study and the description of the previous research study.
The next stage which is chapter three will show how research will be design. Data will be collect from both primary source of data collection and secondary source of data collection. Primary source of data will include personal interview and questionnaires, while secondary source of already existing data, journals and text books.
Chapter four, will deal with presentation, analysis will use to determine the population that will use in conducting our research. The last chapter will include summary of findings, conclusions and recommendation which also bibliography will be included.
REFERENCES
4.1 DATA PRESENTATION
4,2 DATA ANALYSIS
REFERENCES
BIBLOGRAPHY
Chapter one
11 Background of the study.
Long-term strategic planning is termed corporate planning (c p) and when, it is applied to organizations as long-term plan, it covers periods longer than one year and typically embraces 3,5,10 year or even longer periods.
Moves organizations how been making use of planning discharge of their objectives but, it seems as the short-term or ordinary plan have been used. Under this it was investigated that this short-term plan could on longer cover most of structured objectives of an organizations, therefore, the introduction and application of corporate (long-term)planning arrived.
In an organizations ,this is implied so to coordinate the affairs of the organization effectively. Therefore, it could be understand as the formulation, evaluation, and selection of strategic which involves a review of the objectives of an organizations so as to see the proper display of responsibilities. As most corporate plan is time consuming, which involves comprehensive statement of all the financial consequences and assumption, it is then necessary that organizations employing (c p)should as well, make use of computer base models. Also, the application of corporate planning in an dynamic and flexible.
This will enable, reviewing the plan regularly in anticipation of unexpected events such as sudden loss of large market or source of supply of raw-materials due to a coup or some of technological break through.
Corporate planning exist in an organization so as to help satisfy the various wants of interest groups. These include the investors., the analysis, the workers and decision makes. It also, meant to satisfy the present and future objectives. But there are some problems which set back the execution follow:
Due to lack of corporate objective or specific objectives necessary for corporate planning it may not be easy to quantify even those factors which may be of qualitative in nature. The objective of plan is the most important aspect of any planning which sieves as guidance to execute the planning.
An organization which doesn’t have an agreed strategies which would help them achieve the objective with time scales carry out their activities or fulfill their objectives within the end of the agreed planning period.
Deride of Divisional/ Departmental plan:
Due to non-existence of divisional plan, it will be very difficult for an organization to operate prefecture, in discharge of the said plan and objective, this is because, the existence of division and departments will support the strategies already set out
This is a crucial section in corporate planning which if doesn’t have in the system, it will paralyses the operations. In This, it include forecast financial statistics.(Turnover, capital employed, net Assets employed , profit percentage) etc. In addition, application of funds statement
If a firm lacks proper personnel structure, it will also make the operation of corporate plan ineffective. Personnel implication helps to corporate department plans and thereby enhancing the discharge of objectives effectively without much complication.
The aim and objective of this study is to examine flexibility and dynamic ways of corporate planning which enables an organization to review the discussed in respect of the study so as to see the impact of the plan:
Meanwhile, the study is an added discuss to related issues by some eminent scholars, some of whose works are reviewed in the next chapter. It will also sieve as a reference for potential researchers who
may be interested in the same or related topic.
In order that the purpose of this research should be guided, the following research question has been asked:
1 Is corporate planning needed in an organization structure?
Ii Did managers need corporate planning in discharge of their duties?
iii. Is there any problem that arises from corporate planning?
Iv Does it means that without corporate planning organization could not achieve their aim?
v. Did corporate planning an organization lies on corporate planning
vii. Does it required stage in corporate planning?
viii. Is there contribution of the personnel in corporate planning?
ix. Should corporate planning be flexible and dynamic?
x. Did corporate planning requires financial implications ?
xi. Does it need to consider environmental factors before implementing corporate plan?
xii. must corporate planning requires or need computer applications?
xiii Is there any adverse effect in application of corporate planning ?
xiv Do you agreed that corporate planning involves shoot analysis?
xv. Did corporate planning relate to budgeting?
Hi. Fifty percentages of managers operates on corporate planning.
2. Ho: corporate planning is not needed in an
organization.
Hi: corporate planning is not needed in an
organization.
3 Ho: corporate planning has an objective.
Hi: corporate planning has objective.
4 Ho: Environmental factor is not considered in
corporate planning
Hi:: Environmental factor is considered in
corporate Planning
5. Ho: There is an adverse effect in application of
corporate planning.
Hi: There is an adverse effect in application of
&nbs
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