Planning and its objectives
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Transcript of Planning and its objectives
Planning
PlanningPlanning is a mental exercise that requires imagination. It’s a process of thinking before doing. Koontz & Donnell has defined planning as “ Planning is deciding in advance what to do, how to do it, where to do it and how it is done”
Objectives of Planning
Making objectives clear
A right path for the organization
Reduce risk of uncertainty
Provide basis of control
Facilitates decision making