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P188 – SCENARIO MAPPING AND BUSINESS PLANNING (LIFE)

Background

While planning is crucial for sustained business growth through optimum resource utilization and economy in cost of operation in an environment marked by discontinuous change, it pays to visualize multiple future scenarios and plan for them after a systematic and careful analysis of trends and uncertainties.  The whole exercise involves well-designed market survey resource planning strategy formulation and building intelligence gathering  mechanism.

 

Objectives

At the end of the programme, the participants will be able to

•  Develop better understanding of the process of performance planning and budgeting

•  To clearly appreciate the concept of management by objectives

• To understand as to how performance will be analysed by external and internal environment in a competitive set-up

• To orient themselves for decision making, their KRAs, performance bench-marking,

feedback & review mechanism

• To handle the process of market survey analysis, interpretation of survey results & help

build the process of resources planning.

 

Contents

• Concept and tools and techniques of scenario mapping and planning

• Market Survey & Scanning

• Mapping process availability

• Resource Planning Techniques

• Market Research Process

• Historical Approach to Budgeting

• Budgeting Process for future growth

• Goal Setting – Corporate

• Shared Goal – Resource Based Distribution

• Benchmarking, Quantitative/Qualitative

• Data Management and Application

• Feedback through Market Survey

• CRM Data Application for growth and improvement

• Internalised Survey for productivity improvement, Administrative reforms and Cost

  effectiveness at operational / functional levels.

• Business Ethics

•Capital Markets

 

Participants’ Profile

Marketing Managers in the Divisional Offices / Secretary / Dy. Secretary in Zonal offices of Life Insurance Corporation of India.

Duration: 3 Days

Dates: 07.06.2007 – 09.06.2007
 

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