Principles of Management: Planning Unit | PDF | Goal - Scribd
Identifying the assumptions (e.g., economic forecasts, government policies) under which the plan will operate.
Choosing the best course of action.
Its main goals include offsetting uncertainty, securing economical operations, and providing the standards against which performance will later be measured. 2. The Planning Process
Planning has no meaning unless it contributes to achieving specific organizational goals. principles of management unit 2 ppt
Listing different ways to reach the goal and weighing their pros and cons.
It exists at all levels of management, from top-tier strategic plans to floor-level operational schedules. Principles of Management: Planning Unit | PDF |
Standard planning modules on Slideshare often break down the process into these logical steps:
Creating sub-plans (e.g., purchasing, hiring) to support the main plan. Hierarchy and Types of Plans It exists at all levels of management, from
It is the first managerial function that sets the stage for everything else.