Planning and Organizing: Importance and Features of Planning (For CBSE, ICSE, IAS, NET, NRA 2022)

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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 organization adaptable.
  • Leads to economy and efficiency in operations.
  • Best methods are selected thus, reducing overlapping and wasteful activities.
  • Keep the executive alive and alert.
  • To review the progress periodically and recast their strategies to meet the objectives.
Image Shows the Importance of Planning

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 organizations 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.
The Features of Planning

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