Standing plans are formulated to guide managerial decisions and actions on problems that are recurring in nature. They are great labour saving devices as they provide a ready frame of reference for tackling recurring situations.
Standing plans can help improve coordination, promote effective managerial decisions, and ensure the smooth operation of a business. They also offer a reoccurring record of changes that have been made and best practices.
Purpose or Mission
The purpose or mission of standing plans that furnish broad guidelines for channeling management thin is to provide guidance that improves coordination, promotes effective managerial decisions and enhances the smooth operation of a business. They are also intended to address issues that occur regularly over a period of time.
For example, a 20-year plan to maintain market dominance by introducing new products and maintaining customer loyalty requires a variety of smaller product development and marketing plans along with other business areas that help support the company’s primary goals. These plans are often referred to as the “standard procedures” that can be used to continuously improve interconnected business areas, but they are not always created independently.
A single-use plan, on the other hand, is designed to handle a specific problem or situation only. Once it’s solved, the plan becomes useless.
However, standing plans can be reused over time because they are designed to cover issues that managers face repeatedly. For example, a manager may have a frequent problem with late-coming employees. Such a standing plan, called a standard operating procedure (SOP), can be implemented automatically every time an employee is late for work.
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Strategies
Standing plans furnish broad guidelines for channeling management thin to achieve a business mission or strategy. They are not a substitute for a full business plan, which is usually the most important document in any organization.
A single-use plan, on the other hand, is a strategy used to achieve a unique one-time business goal or task. It can’t provide guidance on any other aspect of the business, because it’s designed to address a particular situation or problem that will eventually be obsolete once it’s solved.
Unlike single-use plans, standing plans are meant to be used over a long period of time. They can be modified as circumstances change, but they remain valid until the situation is resolved again.
This difference between single-use and standing plans is important for managers who want to implement the plans successfully. It also helps them understand what areas of the business need improvement and which ones don’t.
Single-use plans are typically designed to be implemented for a one-time project, such as a sales promotion campaign or a new product launch. These plans may last for a day, a week or even a month, depending on the type of project being implemented.
However, if a business has a common issue that occurs again and again, a standing plan can be more useful. For example, if there are certain reports that need to be submitted to the HR department on a regular basis, a standing plan might include policies for reporting these reports as well as procedures for handling the report.
This distinction between a single-use and a standing plan can be tricky to grasp, but it’s an important element of planning for any business. In addition to improving your ability to reach goals, standing plans can also provide a record of changes you’ve made and best practices for addressing certain situations.
Policies
A standing plan is a set of plans formulated to achieve the purpose or mission of an organization. These plans help in achieving co-ordination and also overcome the problems of ineffective management, which are encountered in an organization.
Standing plans include objectives policies, strategies, procedures and rules. Some of these are based on the mission or purpose of an organization while others are for specific activities, projects and events.
In an organization, these policies are developed once to ensure that internal operations of the business are operating smoothly. These include policies for employee interaction, procedures for reporting internal issues and regulations in terms of what is allowed and prohibited within the business.
These plans are based on the main objectives of an organisation and they are usually prepared by the middle and operational levels of Management. They are aimed at solving the situations that are likely to occur regularly and they are used repeatedly over the years.
However, they are not always implemented separately. For example, a 20-year plan to maintain market dominance is often supported by many smaller product development and marketing plans and other operational plans that cover the day-to-day business of the company.
Standing plans are drawn to address issues that managers face repeatedly, such as late-coming employees, so that it is easier for them to deal with them on a regular basis. They are also meant to bring consistency and uniformity in efforts across platforms.
Procedures
Standing plans furnish broad guidelines for channeling management thin to accomplish the basic long-term objectives of an enterprise. They also help managers determine the courses of action and allocate the resources needed to achieve these goals.
These plans are usually composed of policies, rules, and procedures, which are designed to cover issues that managers face frequently. For example, if a manager is concerned about lateness among employees, they might establish a procedure to be implemented automatically each time someone is tardy for work.
They can also help managers understand how customers feel about the experience they have with a company, so that they can make improvements. If a customer has questions about the products or services they purchase, they can follow a standard procedure that has been established for handling these queries.
The main difference between a policy and a procedure is that a rule provides a definite course of action, whereas a procedure consists of various steps to accomplish a particular phase of work. In addition, a rule will not offer any scope for interpretation, while a procedure is tailor-made and offers a specific set of methods to perform a task.
Nevertheless, it is possible to use both types of plans together. For instance, a 20-year plan to maintain market dominance may require many smaller short-term plans, such as product development and marketing.
Unlike single-use plans, which are developed for unique situations or problems and then discarded or replaced after one use, standing plans are intended to be used indefinitely. They can be adjusted to fit a changing business environment. This flexibility makes them ideal for ensuring that the internal operations of an organization run smoothly.
Rules
Rules are a set of standards that define acceptable behavior in the workplace. They enable managers to predict how employees will act in a certain situation and help them channel their behavior towards the desired direction. However, they can also be a source of frustration to some workers.
A standing plan furnishes broad guidelines for channeling management thin by covering issues that occur repeatedly in the business. This helps ensure that managerial decisions are consistent and uniform, and that the operation of the business runs smoothly.
This type of planning may be a part of a larger business plan, but it can also be used independently. These plans are often used to guide and track short-term initiatives or make ongoing improvements to a business function.
These plans are not substitutes for a full business plan. They can be helpful, but they should only be used to address a specific problem or improve an area of the business that has already been identified.
Single-use plans are designed for a particular project or situation that is not likely to be repeated in the future, like a one-time event. Once the project is over, the single-use plan is no longer useful and needs to be replaced.
A standing plan is designed to cover recurring issues that managers frequently face in their workplaces, including policies, procedures and rules. These plans are usually established in advance and then altered to suit changing business conditions as circumstances change. They also provide a consistent framework for managerial decision-making and for senior employees to delegate work to subordinates.