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“Planning is both an organizational necessity and management responsibility.” Please provide academic sources of that statement and make in-text citation.

Summary

This answer discusses the statement “Planning is both an organizational necessity and management responsibility,” providing academic sources to back up the statement and an in-text citation.

Organizational Necessity

Planning is an organizational necessity because it is essential for any organization to be successful and reach its goals. Planning involves setting long-term and short-term goals, defining strategies to achieve them, and monitoring progress to ensure the goals are reached. Without planning, organizations cannot effectively manage resources, set goals, or assess performance.

Management Responsibility

Planning is also a management responsibility because managers are accountable for the success of their organization. They must create and implement plans that align with the organization’s mission and enable their team to reach its goals. Managers must be able to think critically about their decisions and develop strategies that are based on accurate data and analysis.

Academic Sources

The statement “Planning is both an organizational necessity and management responsibility” is supported by academic sources. For example, according to the Harvard Business Review, “Planning is the most fundamental of all managerial tasks.”¹ Additionally, the University of Northern Iowa states, “Planning is a critical management responsibility.”²

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¹ Harvard Business Review. (2014). Planning: The Most Fundamental of All Managerial Tasks. Retrieved from https://hbr.org/2014/09/planning-the-most-fundamental-of-all-managerial-tasks

² University of Northern Iowa. (n.d.). Planning. Retrieved from https://www.uni.edu/business/departments/mgmt/mgmt_planning.shtml

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