Planning: What is Planning

What is Planning ? When it comes to understanding what is planning , the first thing you need to understand that it revolves around a process of thinking before fling and making plans for the organization. A plan is a specific course of action proposed to help the organization to achieve its short-term as well as long-term goals. What Is Planning : Definition, Process & Importance Explained Planning can simply be described as a process where the individual sets goals, develops strategies, and outlines tasks and schedules for the attainment of desired objectives. It can be identified as an integral management function that guides individuals and organizations in making effective decisions through efficient use of resources to accomplish their intentions. The planning process consists of the following steps: (1) Being aware of opportunity: Awareness of an opportunity is the real starting point for planning . It includes identifying all possible future opportunities and then analysing them in the light of the organisation’s strengths & weaknesses. Awareness of the opportunity in terms of organisational capabilities helps in setting realistic objectives. So, as a first step, planning requires realistic diagnosis of the opportunity situation ... Discover strategic planning resources and solutions to help your team work together more effectively.