Planning and its objectives

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Plannin g

description

 

Transcript of Planning and its objectives

Page 1: Planning and its objectives

Planning

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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”

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Objectives of Planning

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Making objectives clear

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A right path for the organization

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Reduce risk of uncertainty

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Provide basis of control

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Facilitates decision making