IDEAS home Printed from https://ideas.repec.org/p/iim/iimawp/wp00078.html
   My bibliography  Save this paper

Corporate Planning Practices in Private Sector Companies in India

Author

Listed:
  • Nambudiri C N S

Abstract

This paper summarises the results of a study of corporate planning practices in private sector companies in India. Even though long term planning is not very widely practised by companies in the private sector, those companies which are practising it have developed some degree of sophistication in this direction. Planning in these companies is characterised by explicit statement of company’s objectives and roles specific delineation of sectors for future growth, specific organisational responsibilities for scanning opportunities and detailed operational planning. While companies find many aspects of the plans and planning process as supportive to the process of corporate planning, they found that process of planning had not eliminated the uncertainties of economic policy. Firms have generally found that corporate planning within the framework of national economic planning is both feasible as well as rewarding: The long range goals of economic development presented by the plans is a sufficient justification to undertake long term corporate planning. The study reveals both the uncertainties arising from government regulated as well as the certainties that such revelations provide to companies. In general, the study points to the importance of government and the objectives of national economic development programmes as a significant area for attention of planners.

Suggested Citation

  • Nambudiri C N S, 1973. "Corporate Planning Practices in Private Sector Companies in India," IIMA Working Papers WP1973-06-01, Indian Institute of Management Ahmedabad, Research and Publication Department.
    • Handle: RePEc:iim:iimawp:wp00078
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:iim:iimawp:wp00078. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge (email available below). General contact details of provider: https://edirc.repec.org/data/eciimin.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.