Republic of the Philippines

NUEVA ECIJA UNIVERSITY OF SCIENCE AND TECHNOLOGY

Graduate School
General Tinio St., Campus
Cabanatuan City

NATURE AND SIGNIFICANCE OF PLANNING

Planning is the most important thing that we must consider in everything that
we do. It is the process by establishing the goal and objectives in our life and work. It
involves decision making about the ways that we desire and need to accomplish.
Planning is used to have a guide in achieving our goals and aims. It is also used to
prevent risks management and be able to have a contingency just in case.

There are 4 types of planning. The operational planning that focuses on the
specific procedure and processes occur within the lowest organization. The strategic
planning, it looks ahead to where the organization wants to be on the next five to ten
years. Tactical plan, it answers on how to achieve the strategic plan. Lastly, the
contingency plan that is used as an alternative course of action which can be
implemented when the original plan fails to produce.

The importance of planning is to help identify the goal and objective clearly. It
helps us decide clearly and make the right decision for us to succeed in our goals and
objective.