Planning in simple is looking ahead. It is preparing for the future. It involves outlining a future course of action.
Planning
Planning in simple is looking
ahead. It is preparing for the future. It involves outlining a future course of
action. Planning makes the things to happen. Therefore, it is needless to say
that in the absence of planning, things are left to chance. Planning is unique
in that it precedes all the other managerial functions. It involves deciding
the objectives and formulating the policies and procedures to achieve them.
Effective planning provides answers to questions like – what to do? How to do?
Who is to do? and when to do?
Planning is a function performed
by managers at all levels. Though every manager plans, the plans developed by
different managers may vary in respect of scope and importance. For example,
plans made by top managers have a wider scope with a focus on the organization
as a whole and normally cover a longer period. On the other hand, plans
developed by middle and lower level managers relate to the divisions or
departments and usually cover a short period. Systematic planning helps in
facing the uncertainties of future with less embarrassment. It helps in making
things happen in the expected way.
Tags : Management Concepts & Organisational Behaviour - Nature Of Management
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