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In administration or management, planning is a key management function. Definition of Planning 📋 Planning is the process of deciding in advance what to do, how to do it, when to do it, and who will do it in order to achieve specific goals. This idea is commonly associated with management thinkers liRead more
In administration or management, planning is a key management function.
Definition of Planning 📋
Planning is the process of deciding in advance what to do, how to do it, when to do it, and who will do it in order to achieve specific goals.
This idea is commonly associated with management thinkers like Henri Fayol, who identified planning as one of the main functions of management.
Simple explanation
Planning means:
• Setting goals or objectives
• Choosing the best actions or strategies
• Preparing resources and steps needed to achieve the goals
Example
If a company wants to increase sales:
1. They set a target (increase sales by 20%).
2. They decide strategies (advertising, promotions).
3. They assign responsibilities to workers.
All these steps are part of planning.
Importance of Planning
Planning helps to:
See less• Give direction to an organization ðŸ§
• Reduce uncertainty