discuss why planning is essential to an organization as well as some ramification for organization that fail to planNote:
Importance of Planning
The importance of the planning function should have be clear to you. [ We can outline the importance of planning function as follows:
Provides Direction: Planning provides a clear sense of direction to the activities of the organization and to the job behavior of managers and others. It strengthens their confidence in understanding where the organization is heading and what for, how best to make the organization move along the chosen path, and when should they take what measures to achieve the goals of the organization.
Provides opportunity to analyze alternative courses of action: Another source of importance of planning is that it permits managers to examine and analyze alternative course of action with a better understanding of their likely consequences. If managers have an enhanced awareness of the possible future effects of alternative courses of action, for making a decision or for taking any action, they will be able to exercise judgment and proceed cautiously to choose the most feasible and favorable course of action.
Reduces uncertainties: Planning forces managers to shake off their inertia and insular outlook; it induces them to look beyond those noses, beyond today and tomorrow, and beyond immediate concerns. It encourages them to probe and cut through complexities and uncertainties of the environment and to gain control over the elements of change.
Minimizes impulsive and arbitrary decisions: Planning tends to minimize the incidence of impulsive and arbitrary decisions and ad hoc actions; it obviates exclusive dependence on the mercies of luck and chance elements; it reduces the probability of major errors and failures in managerial actions. It injects a measure of discipline in managerial thinking and organizational action. It improves the capability of the organization to assume calculated risks. ] Auto answered|Score 1|humble.swan|Points 101|Note:
I'm sorry that that wasn't a good answer. Please hold on while I contact an expert.Weegy:
Planning helps an organization chart a course for the achievement of its goals. The process begins with reviewing the current operations of the organization and identifying what needs to be improved operationally in the upcoming year. [ From there, planning involves envisioning the results the organization wants to achieve, and determining the steps necessary to arrive at the intended destination- success, whether that is measured in financial terms, or goals that include being the highest-rated organization in customer satisfaction.
] Expert answered|reneeslerg123|Points 124|
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