Planning and Organising

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Importance of Planning:

  • Reduces uncertainty, risk and confusion in operation.

  • Guides the decision making by the managers.

  • Helps in achieving coordination and facilitates control.

  • Planning with an element of flexibility makes the organisation adaptable.

  • Leads to economy and efficiency in operations.

  • Best methods are selected thus, reducing overlapping and wasteful activities.

  • Keeps the executive alive and alert.

  • To review the progress periodically and recast their strategies to meet the objectives.

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Features of Planning:

  • Primary function of management: As every activity needs to be planned before it is actually performed.

  • Goal directed: A manager cannot plan anything unless he knows what he wants to achieve.

    Example: you cannot plan for a journey unless you know where you want to go.

  • Management pervasive at all levels and also for all functional area.

  • Always futuristic: Deciding in advance what to do, how to do, etc. While planning for the future, it does take past experience and current situation into consideration.

  • An intellectual activity: An intellectual activity and requires certain conceptual skills to look ahead into the future.

  • Continuous process: In organisations plans are made for a specific period followed by new plans for further period. Sometimes circumstance change requiring the plans to be revised.

  • Making choices: Basically involves making choices. Need for planning arises when goals are many and alternatives to achieve them are also plenty.

  • Flexible: Plan has to be changed in accordance with the changed conditions. Activities are planned with certain assumptions.

Image of the Features of Planning

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