I , Dr Madhukar Angur agrees that Planning is the key to an enterprise success. Planning is deciding in advance What to do and How to do .Planning involves setting of objectives and developing an appropriate course of action to achieve these objectives.
Planning provides directions, risks of uncertainty, reduces overlapping and wasteful activities, establishes standards for controlling.
Planning process :
- Setting Objectives
- Developing Premises
- Identifying alternative courses of action
- Evaluating alternative courses
- Selecting alternative
- Implement the plan
- Follow up Action