Functional planning refers to medium term planing carrired out by middle management and at times with assisnatnce of top management as well.
Functional planing is undertaken by various departments (functions) in the organisation to determine their respectiev objectives, derived from the long-term goals and objectives, as well as for putting in place strategies and action plans.
Functional planing may also be of a long term nature where the business organisation is subjected to an uncertain and highly volatile business environment.
Enterprise-Wide Planning & functional planning
There are several common functional areas of enterprise resource planning. Examples include data services, project management, human resources and accounting.
Functional Aspects of ManagementfunctionsprocessesGoalLeadingPlanningOrganizingLeadingControllingMotivation
Strategic planning is conducted at various organizational levels—corporate, business, and functional—each with a distinct focus. At the corporate level, the emphasis is on overarching goals and resource allocation across the entire organization. Business-level planning concentrates on competitive positioning and market strategies for specific product lines or segments. Functional-level planning involves detailed operational plans that support the broader strategies, ensuring alignment across departments such as marketing, finance, and human resources.
Physical planning refers to the process of organizing and managing land use and development to achieve sustainable growth and efficient resource use. It involves the creation of plans and policies that guide the spatial arrangement of infrastructure, housing, and public spaces while considering environmental impact and community needs. This discipline encompasses zoning regulations, transportation planning, and environmental assessments, aiming to balance economic development with social equity and environmental protection. Ultimately, physical planning seeks to create functional, livable, and resilient communities.
Enterprise-Wide Planning & functional planning
Functional areas are finance, planning, marketing, administration, information, and operations.
There are several common functional areas of enterprise resource planning. Examples include data services, project management, human resources and accounting.
You need your budget to be functional or else you might as well get rid of it. A functional budget can help you to stay on track and know where your money is.
Functional Aspects of ManagementfunctionsprocessesGoalLeadingPlanningOrganizingLeadingControllingMotivation
iiiustrate by means of a diagram the budget planning process show clearly the difference between a functional budget and a financial budget
Planning and management staff
Functional area of management refers to the various tasks that are done in an organization under supervision. These will consists of planning, leading, organizing and coordination of these functions.
"Planning a computer workstation” likely refers to the process of designing and setting up a workstation i.e., planning the layout, hardware selection, and ergonomics to create a functional, comfortable, and efficient workspace.
For an IT system to be qualified as good enough, it has to address the functional areas such as planning, information delivery and submission of important reports meant for company management.
The function of the installation's planning and management staff that comprises senior leaders from various functional areas is typically referred to as a strategic planning committee or leadership council. This group collaborates to align organizational goals, ensure effective resource allocation, and address cross-functional challenges. By leveraging diverse expertise, they enhance decision-making and foster a cohesive approach to achieving the installation's objectives.
The duration of functional planning can vary widely depending on the complexity of the project and the specific goals involved. Typically, it may take anywhere from a few weeks to several months to complete, involving stages such as analysis, strategy development, and stakeholder input. Factors like team size, resource availability, and the level of detail required can also influence the timeline. Ultimately, effective functional planning aims for thoroughness rather than speed to ensure successful outcomes.