Planning Flashcards
What is planning?
Planning is defined as “thinking in advance what to do, how to do, when to do, and who is to do it” in simple words, planning bridges the gap between where we are standing now and where we want to reach
Features/characteristics/nature of planning
Planning contributes to objectives: planning starts with the determination of objectives
Planning is a primary function : it is the first or primary function performed by a manager, no other function can be executed without planning
Planning is a continous process : never ending continous process
Planning is forward looking : means looking forward ahead and futuristic function, try to predict and assumption for future
Planning is pervasive : required at all levels and all types of organisations
Planning is decision making : needed only when different alternatives are available and we choose one most suitable alternative
Planning is a mental exercise : mental process which requires higher thinking
