IMPORTANCE OF PLANNING
Planning is the method of setting objectives and determining how to achieve them. When planning is prepared well it creates a solid platform for the other management functions. Planning set the stage for the others by providing a sense of direction. In the process of planning, it involves deciding exactly what you want to achieve and how to go about it. The other management functions include:
· Organizing: Allocating and arranging resources to accomplish task
· Leading: Guiding the efforts of human resources to ensure high levels of task accomplishment
· Controlling: Monitoring task accomplishments and taking necessary corrective action.