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IIM Lucknow
ECONOMIC TOOLS FOR BETTER BUSINESS PLANNING
Programme Director: Prof. Sangeeta D. Misra
Duration: March 1-3, 2004
Venue: IIM Lucknow
Introduction:
Most corporations undertake ex ante planning in order to function effectively. The planning could be for short-term or long-term. For effective planning, managers should have knowledge of the most basic tools employed in corporate planning.
Important business decisions ranging from location of a business activity to estimating the demand for a product, to production planning, are all dependent on appropriate planning. While managers in various functional areas do plan their corporate activity, very often, they use imprecise methods to plan, which lead to inaccurate results. This can be especially disastrous in today's business environment that has become increasingly competitive due to globalization. Therefore, knowledge of tools and techniques that can be employed in corporate planning is crucial to effectively plan various business activities for the future, and survive in the globalized environment of today.
Objectives:
To provide participants with an understanding of some of the most important tools necessary for short-term and long-term corporate planning.
To enable participants to apply knowledge of the techniques in their business decision-making.
To enable participants to utilize their understanding of the techniques to improve their managerial capabilities and enhance the competitiveness of their organizations.
For:
Content:
Econometric analysis to enable prediction of important planning parameters.
Shift share analysis to analyze employment decisions.
Input-output analysis for estimating input and output requirements.
Cost benefit analysis for analyzing variability of various projects.
Game theory for developing response strategy in an increasingly competitive business environment.
Firm location and case studies to enable better corporate location decisions.
For detailed brochure, please contact: -
Sr. Admn. Officer (Academic Services)
Indian Institute of Management, Lucknow
Prabandh Nagar, Off Sitapur Road, Lucknow - 226 013.
Phone: (0522) 2361889-98
Fax: (0522) 2360911, 2361843
E-mail: mdp@iiml.ac.in; rose@iiml.ac.in
Website: www.iiml.ac.in
Refer: CoolAvenues.com
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