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Planning is the central function of management. When you set a goal, there should be
a careful planning by determining your objectives and necessary steps to achieve that said
goal. Companies formulate their plans because these affect other managerial functions such
as organizing, staffing, leading and controlling. When planning is successful, the rest of the
managerial functions follow.
Below are some of the definitions of planning given by some prominent authors.
Contributor Definition
Peter Drucker (1973) Planning is a managerial function that includes decisions and
actions to ensure future results.
William H. Planning is the process of deciding in advance what is to be
Newman (1950) done. It is thinking ahead of time or thinking before doing.
Koontz and Planning is deciding in advance what to do, how to do it, when
O’Donnell to do it, and who is to do it. Planning bridges the gap from
(1972) where we are to where we want to go.”
J.P Barger (2013) Planning is an ability to visualize a future process and its results.
Henri Fayol (1916) Planning is deciding the best alternative to perform different
managerial operations in achieving predetermined goals.
NATURE OF PLANNING
Planning is not an easy task; it involves intellectual thinking and mental activity to be
able to plan effectively. The nature of planning can be highlighted as follows:
When planning process is done well, it creates a solid foundation and direction for
the other managerial plans. With this, let’s have these reasons
why planning is considered important.