Role of Planning and Control to Management Efficiency and Productivity
Role of Planning and Control to Management Efficiency and Productivity.
ABSTRACT
This research work is an attempt made to enforce the role played by planning and control to management efficiency and productivity. The incessant business and reluctant growth of some companies or enterprise can be linked to deficiency in planning and control.
In view of these, this topic is designed to guide managers in companies re-focus their policies towards the utilization of firm’s fund and to administer work. This work introduces the issue of stating the problems, definition of some operational items and significance of study etc.
Finally, the researcher discussed the procedures adopted in carrying out this research, the summary of finding about company and recommendation for the company was made for further research.
In the summary of the findings, the researcher tried to look at the planning and control of PZ Industries Plc by investigating the various guidelines used by the enterprise. Here it was emphasized that effective planning and control leads to continuous existence, increase in market share and profit maximization of the organization.
It was recommended that adequate and qualified managers should be employed to handle firm effectively in planning and controlling of resources of the enterprise.
TABLE OF CONTENT
Title page i
Approval page ii
Dedication iii
Acknowledgement iv
Abstract v
Table of contents vi
CHAPTER ONE
1.0 Introduction 1
1.1 Background of the study 1
1.2 Statement of the problem 4
1.3 Purpose of the study 5
1.4 Significance of the study 6
1.5 Research question 8
1.6 Scope of the study 8
1.7 Limitations of the study 9
1.7 Definitions of terms 11
CHAPTER TWO
LITERATURE REVIEW
2.0 Introduction 13
2.1 Nature of planning and control 16
2.2 History of universal basic education board 26
2.3 Steps in planning 19
2.4 The process of planning 24
2.5 Control process 26
2.6 Types of plan 29
2.7 Control steps 32
2.8 Solution to the problems 35
2.9 Principles of planning 35
CHAPTER THREE
3.0 Research Design and Methodology 39
3.1 Design of the study 39
3.2 Area of the study 40
3.3 Population of the study 40
3.4 Sample size and sampling technique 41
3.5 Instrument for data collection 42
3.6 Validity and reliability of the instrument 45
3.7 Distribution and retrieval of the instrument 46
3.8 Method of data collection 46
CHAPTER FOUR
4.0 Data presentation and analysis 47
4.1 Data Presentation 48
4.2 Data analysis 55
4.2 Discussion/Analysis of finding 56
CHAPTER FIVE
5.0 Summary of findings, Conclusion and Recommendations 58
5.1 Summary of the findings 59
5.2 Conclusion 60
5.3 Recommendations 61
References 63
Appendix 65
Questionnaire 66
INTRODUCTION
1.1 Background of the Study
The project topic role of planning and control to management efficiency and productivity. in an economy like Nigeria administrators has been faced with credible problems.
Planning as a key to management efficiency and productivity involves selecting mission objectives and activities to achieve them, it also bridges the gab from where we are and where we want to go. if can equally be analyzing a situation determining the goals that will be pursued in future deciding in advance the actions that will be taken to achieves these goals.
Controlling in the other hand emphasizes function involves monitoring the progress of the organization or the work unit towards goal. If necessary, taking corrective action, strategic planning, setting, objectives, managing resources.
The small medium and large scale administrators experience frustrations when they make their forecast because they do not move as proposed. The crucial thing in the management is how far internal predictions are right or wrong in what planners want to achieve.
Usually, large business organizations differ in their planning and controlling processes but more significantly in the way these are woven into business planning and equally controlling systems.
It every stage, in order to ensure the manages effectiveness always depends solely in his convincing the management on the management of the soundness of his findings on the planning and controlling process.
In management planning and controlling roles exist to managers and businesses more efficient by recognizing it to reduce or eliminate waste.
REFERENCES
Austin, C. (1974): Elements of Management. Onitsha: Africana FEP Publishers Ltd.
Benson, N. and Nwanna, L. (1993): Introduction to Business. 1st Edition. Onitsha: Onwubike Printing Press.
Drucker, P.F, (1854): The Practices of Management. New York: Harper and Row Publishers Inc.
Ejiofor, P. (1981): Foundation of Business Administration. Onitsha: Africana FEB Publisher Ltd.
Igboeli, G.N. (1990): Management. A Functional Approach Aba 1st Edition Model Academy Publisher Ltd.
Ihesiudo, S.O. (2002): Principle of Business Finance. Owerri: Barloz Publisher.
Molokwu, C.N. (1993): Office Administration and Management. 1st Edition Optimal Press Ltd.
Nwachukwu, C.C. (1998): Management Theory and Practices Nigeria. Onitsha: Africana FEP Publishers.
Obi, E.C. (2005): Management Theory and Practice. Aba: Cheedal Global Prints Ltd.
Uzoechi, F.C. (1997): Modern Research Technique in the Tropics. Owen: Pen Paper Publications.
Watson, L.S. (1979): Introduction to Financial Management. London: Macmillan Publication Co. Ltd.