Define planning and logic of planning.
PLANNING – (Decision making, looking ahead). It is the determining of organisation’s goals and deciding how best to achieve them.
Planning could be thought of as the dynamic process of analytically looking at the organisation’s present position with a view to determine its future position
Managers think through their goals and actions in advance, that their actions are based on some method, plan or logic, rather than on a hunch. It is the basis by which:-
PLANS are the guides by which (1) the organisation obtains and commits the resources required to reach its objectives; (2) members of the organisation carry on activities with the chosen objectives and procedures; and
(3) progress towards the objectives is monitored and measured so that corrective action can be taken if progress is unsatisfactory.
