PLANNING

Planning is a forethought. It means deciding in advance what to do how to do and when to do.

MEANING AND DEFINITION

Planning is a mental activity.

Planning is goal-oriented.

Planning is a primary function.

Planning is all-pervasive.

Planning is a continuous process.

Nature of Planning

Costly process.

Rigidity.

Influence of external factors.

Lack of accuracy.

Time Consuming.

Limitations of planning

Focuses attention on objectives and result Reduces uncertainty and risk Provides sense of direction Encourages innovation and creativity Helps in co-ordination Guides decision-making Provide efficiency in operation.

IMPORTANCE of PLANNING

The main step in planning process are as follow:-

Step 1- IDENTIFY ISSUES & SET GOALSStep 2- DEVELOPING PREMISESStep 3- CONSIDER ALTERNATIVEstep 4- EVALUATING ALTERNATIVEStep 5- SELECTING AN ALTERNATIVEStep 6- IMPLEMENT PLANStep 7- FOLLOW UP ACTION

Planning Process

Established on 2nd October 1961.

It started with 19 vessels.

Its fleets include : bulk carriers, container ships, oil tankers, passenger-cum-cargo ships, etc.

SHIPPING CORPORATION OF INDIA

They are committed to be the flag bearers of the nation.

They focus on modernization, expansion and diversification of its fleet.

They are also interested in setting up joint ventures

Future Plans

Bharati shipyard ltd. – Anchor handling, towing and supply vessel.

Jiangsu Eastern Heavy industries, China- Kamsarmax bulk carrier.

Jiangsu Rongsheng heavy industry, China- VLCCs

STX Shipbuilding Company, China- container vessels.

Rongsheng Shenfie Shipbuilding, China- one container vessel.

ABG Shipyard Ltd Surat- Anchor handling, towing and supply vessel.

VESSELS ON ORDER