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ALFRED.WORKING PAPER SLOAN SCHOOL OF MANAGEMENTCORPORATE PLANNING AND CONTROL OF PRODUCTIVITY AN EMPIRICAL STUDY. M. McInnes 132482June 1982MASSACHUSETTS INSTITUTE OF TECHNOLOGY 50 MEMORIAL DRIVE

How to fill out corporate planning and control

How to fill out corporate planning and control

1. Start by understanding the goals and objectives of the corporation. This will help you align your planning and control activities with the overall business strategy.
2. Identify the key components of the corporate planning and control process, such as budgeting, forecasting, performance measurement, and risk management.
3. Gather relevant data and information from various sources, including financial statements, market research, and industry trends.
4. Analyze the collected data to identify areas of improvement and potential risks. This will help in setting realistic goals and targets for the corporation.
5. Develop a comprehensive plan that outlines the actions and initiatives required to achieve the desired outcomes. This plan should include a detailed timeline and resource allocation.
6. Implement the plan by assigning responsibilities to appropriate individuals or teams. Regularly monitor and track progress to ensure that the plan is being executed effectively.
7. Continuously evaluate the outcomes and make necessary adjustments to the plan if needed. This will help in adapting to changing market conditions and business dynamics.
8. Review the overall performance of the corporation against the set goals and targets. Identify any gaps or deviations and take corrective actions to get back on track.
9. Communicate the results of the planning and control process to internal and external stakeholders, such as the management team, investors, and regulatory authorities.
10. Finally, establish a feedback loop to continuously improve the corporate planning and control activities based on lessons learned and feedback from stakeholders.

Who needs corporate planning and control?

1. Corporate planning and control is necessary for any organization or corporation that wants to ensure effective decision-making, resource allocation, and goal achievement.
2. It is particularly important for executive management, senior leadership, and board members who are responsible for setting the strategic direction of the corporation.
3. Financial managers, controllers, and CFOs also benefit from corporate planning and control as it helps them manage budgets, analyze performance, and mitigate risks.
4. External stakeholders such as investors, creditors, and regulators may also require corporations to have robust planning and control processes in place to ensure transparency and accountability.
5. In summary, anyone involved in the management, governance, or financial aspects of a corporation can benefit from corporate planning and control.

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What is corporate planning and control?

Corporate planning and control refers to the process of setting goals, defining strategies, and implementing measures to ensure that a company achieves its objectives.

Who is required to file corporate planning and control?

All corporations, including publicly traded and privately held companies, are required to file corporate planning and control.

How to fill out corporate planning and control?

Corporate planning and control can be filled out by providing detailed information about the company's goals, strategies, and measures for achieving them.

What is the purpose of corporate planning and control?

The purpose of corporate planning and control is to guide the company in achieving its objectives, managing risks, and making informed decisions.

What information must be reported on corporate planning and control?

Information such as financial goals, strategic initiatives, performance metrics, and risk management strategies must be reported on corporate planning and control.