Planning In Management – How Important Is It?
Planning In Management
Planning can simply be defined as an act concerned with examining the future and drawing up a course (Plan) of action.
The higher up the hierarchy of management, the more attention is paid to planning, particularly in setting out goals and strategies for long period ahead. Managers lower in the hierarchy usually deal with sections of the total plans and are concerned with shorter period of time.
Planning must be flexible to deal with a changing environment. [Read more…]