Question

In: Statistics and Probability

Explain the importance of the planning process:  understanding the readers, purpose, context, and delivery medium (online...

Explain the importance of the planning process:  understanding the readers, purpose, context, and delivery medium (online or on paper)of instructions and procedures.


Solutions

Expert Solution

1] Planning provides a sense of Direction

Planning means coming up with a predetermined action plan for the organization. It actually states in advance what and how the work is to be done. This helps provide the workers and the managers with a sense of direction, a guidance in a way. Without planning their actions would be uncoordinated and unorganized.

2] Planning reduces Uncertainty

Planning not only sets objectives but also anticipates any future changes in the industry or the organization. So it allows the managers to prepare for these changes, and allow them to deal with the uncertainties. Planning takes into consideration past events and trends and prepares the managers to deal with any uncertain events.

3] Planning reduces Wastefulness

The detailed plans made keep in mind the needs of all the departments. This ensures that all the departments are on the same page about the plan and that all their activities are coordinated. There is clarity in thought which leads to clarity in action. All work is carried out without interruptions or waste of time or resources,

4] Planning invokes Innovation

Planning actually involves a lot of innovation on the part of the managers. Being the first function of management it is a very difficult activity. It encourages the manager to broaden their horizons and forces them to think differently. So the managers have to be creative, perceptive and innovative.

5] Makes Decision=Making Easier

In business planning the goals of the organization have been set, an action plan developed and even predictions have been made for future events. This makes it easier for all managers across all levels to make decisions with some ease. The decision-making process also becomes faster.


Related Solutions

Explain the importance of understanding investment decisions and their consequences in retirement planning. please write at...
Explain the importance of understanding investment decisions and their consequences in retirement planning. please write at least 275 words. please type your answer. NO handwrite please.
Explain your understanding of the purpose and process of primary homeostasis following an incision.
Explain your understanding of the purpose and process of primary homeostasis following an incision.
Explain the importance of planning and understanding price structure in an International Trade negotiation. Also name...
Explain the importance of planning and understanding price structure in an International Trade negotiation. Also name three different forms of pricing with a brief description of each as well as which one is best suited for International Trade.
Explain the importance of Nicaraguan sign language to understanding the creative and generative process of language...
Explain the importance of Nicaraguan sign language to understanding the creative and generative process of language development. How is NSL similar to or different from pidgins? How is it similar to or different from creoles? What are fluent speakers of NSL able to do that deaf children or adults who do not have a formalized system of spoken or signed language are not able to do? How is NSL different from a simple gesture system?
Explain the importance of Culture, Process and Tools in creating, managing and delivery large projects. Give...
Explain the importance of Culture, Process and Tools in creating, managing and delivery large projects. Give examples of how Microsoft Project software is used as a central resource in planning, communicating and controlling portfolios of projects.
Discuss the importance of understanding internal control in developing an effective audit program. In that context,...
Discuss the importance of understanding internal control in developing an effective audit program. In that context, include in your discussion a general overall position and specifically the internal control questionnaires for either the Revenue and collection Cycle or Production (Inventory) Cycle, which also includes internal control over Inventory Transaction Processing. Matters such as seperation of duties should be part of your response. Include in your answer several (3 would be enough) important considerations to satisfy sound internal control for each...
Market segmentation and targeting Explain each process and how understanding their importance based on the marketing...
Market segmentation and targeting Explain each process and how understanding their importance based on the marketing efforts that have been targeted at you personally.
The purpose of this assignment is discuss the importance of standards in the delivery of health care in the United States.
The purpose of this assignment is discuss the importance of standards in the delivery of health care in the United States. Write a 750-1,000 word paper summarizing the following criteria:Discuss the top five reasons standards are vital in the U.S. health care system.Chose one of most vital standards for your current or previous organization. Discuss how the standard influences the organization.Chose a standard that you believe needs improvement. Discuss the impact of the standard and propose a solution for its...
What is the purpose in understanding the causal relationship in the business process, a manager will...
What is the purpose in understanding the causal relationship in the business process, a manager will often ask "whys" as a way to drill down to the root cause of failures? Select one project from your working or educational environment and propose at least three "why" questions that you would ask in order to identify the root cause of the problem. Justify your responses.
Explain the importance of consolidation process
Explain the importance of consolidation process
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT