Saturday 8 September 2012

Concept of planning

 Planning is not only the first function of management, it is an integral part of it.
                  To plan is to look ahead and chart out the future course of operations. It is the determinant of a course of action to acheive a desired result. It is one of he corner stones upon which successful enterprise depends. Planning is meant for the following,
1) For the analysis of a problem.
2) Thinking out the forward solutions to that problem.
3) Outlining the steps that must be taken to reach the objectives
 A planning has to think about the following aspects,
a) What is to be done?
b) How it is to be done?
c) When it is to be done?
d) By whom it is to be done?
e) Where it is to be done?

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