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The effect of long term planning on organizational performances

 Department: Business Administration and Management  
 By: usericon francis05  

 Project ID: 3067
   Rating:  (3.1) votes: 21
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This research work explored the effect of long term planning on organizational performances - a study of Vinal Aluminium Company, Owerri. The purpose of which is to investigate if long term survival of the organization and the achievement of desired goals is dependent on effective long term planning or not. The objectives of this study were to examine If long term planning can help in the sustenance of growth and propel the organization to react favourably to the changing environmental factors, the relationship between long term planning and the performance of the organization. The population targeted for this study consists of the various levels of managers in the four (4) departments. There are many managers operating in the organization but we are limiting the population to those in Vinal Aluminum only. The total numbers of respondents were (21) in number. Instrument used for this study is the questionnaire. Data collected were collected from primary sources. From the analysis of the data, the findings show that the concept of long-term planning is viewed as a necessity. This helps set long-term goals that an organization tries to achieve and by doing so ensuring a long term survival of the organization. Following the findings, it was recommended that every business firm, especially manufacturing firms should use long term planning to improve their productivity, efficiency, profitability and ensure their long time survival in business, planning staff should be employed to supplement the efforts of managers in establishing long term plans. However, where the company cannot afford to employ a planning staff, it should consult experts in planning....
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