134x Filetype PPTX File size 0.11 MB Source: kesshroffcollege.com
Planning defined Planning is deciding in advance what to do, how to do it, when to do it and who is to do it. Planning is the process of establishing goals and a suitable course of action for achieving those goals. It provides the bridge to take us from where we are to where we want to go. It is a mental predisposition to do things in an orderly way, to think before acting and to act in the light of facts rather than guesses. Planning:Nature and Characteristics Goal oriented Future oriented Continuous Pervasiveness Intellectual process Primacy of Planning Helps in Co-ordination Involves decision making Efficiency, Economy and Accuracy Advantages of Planning Minimizes risks of uncertainty Facilitates coordination Facilitates proper direction Establishes standard for control Improves efficiency Encourages innovation Facilitates decision making Reduces wastage of resources Limitations of Planning Time consuming Involves paper work Expensive Generates Rigidity Dangers of over targeting and under targeting Danger of Human error Problems with technical and creative staf Problems of changing situations Planning Process
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