Planning is both an organisational necessity and managerial responsibility

Planning is an essential part of any successful organisation, as it is a key tool for helping to achieve goals, develop strategies and manage resources. It is also a managerial responsibility, as the manager must set the organisational objectives, develop strategies to achieve those objectives, and allocate resources accordingly. Planning thus involves setting objectives, making plans, organising resources, and monitoring progress to ensure that objectives are met.

Importance of Planning

Planning is an important tool for any organisation, as it helps to ensure that the organisation’s goals and objectives are met. By setting goals and objectives, and making plans to achieve them, organisations can ensure that they are taking the right steps to achieve their desired outcomes. Planning also helps to identify potential risks and opportunities, and to develop strategies to manage them.

Managerial Responsibility

Planning is also a managerial responsibility, as the manager is responsible for setting the organisational objectives, developing strategies to achieve those objectives, and allocating resources accordingly. The manager must also ensure that planning is conducted in a timely and effective manner, and that progress is monitored to ensure that objectives are met.

Planning as a Strategic Tool

Planning is also a strategic tool, as it helps organisations to develop and implement strategies that will help them to achieve their goals. By setting objectives, making plans, and allocating resources, organisations can ensure that they are taking the right steps to achieve their desired outcomes.

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