What is Planning ?
 A plan is a blueprint for action. It specifies :
 resource allocations
 schedules
 actions necessary for attaining goals
 A goal is a desired future state that an
organization attempts to realize.
 Planning is the act of determining the
organization’s goals and the means for achieving
them.
KEY COMPONENTS OF PLANNING
Steps
 Why is planning important?
 To determine new opportunities
 To anticipate and avoid futureproblems
 To develop effective courses of action.
 To comprehend the uncertainties and risks withvarious
options.
 To set standards
What We need to do?
Advantages of Planning
• Planning leads to more effective and faster achievements
in any organization.
• It has the effect of minimizing the cost of operations.
• It facilitates the process of decision-making.
• By avoiding waste of men, money, materials and
machinery, planning indirectly leads to large-scale
economies.
• It ensures an even flow of work, minimizes false steps
and protects against unwanted deviations.
So,
Start To Make Plan
&
Build The Future