Why do we need planning?


The planning process in any organization has the following
importance:
•Describes how resources are to be allocated and establishes activity schedules. In this, all resources are identified and the way they are going to be allocated to various activities of the organization is set.
•Reduces uncertainty; planning involves anticipating what is going to happen before it happens. Involves searching for information to determine the likelihood of events happening. This informs planners beforehand on what will happen and gives the structure of the future.
•Minimizes waste and redundancy; planning allows establishing the best way resources should be used before they are committed to uses. This helps in determining the best way to use and avoid waste. 
•Sets the standards for controlling; planning involves establishing what should be done and what should come out. In the actual performance, one can establish whether what is done is done properly or otherwise. This is the basis for controlling 
•Provides direction and evaluation performance criteria; planning involves setting goals and objectives which are the end results for the efforts of the organization. This then gives the target of all organization’s efforts. 

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