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Characteristics of Planning
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BS ChE – 4
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Instructor
INTRODUCTION:
how is it to be done and who is going to do it. We can say that planning is nothing but
thinking before the action takes place. It helps us to take a glimpse into the future and
In the words of Alford and Beatty (1951), "Planning is the thinking process, the
organized foresight, the vision based on fact and experience that is required for
facts and considered estimates.” And lastly, according to Terry and Franklin (1994),
"Planning is the selecting and relating of facts and making and using of assumptions
regarding the future in the visualization and formulation of proposed activities believed
necessary to achieve the desired results." By analyzing carefully the definitions stated
by the authors above, these reveals the nature or characteristics of planning which are
as follows.
CHARACTERISTICS OF PLANNING:
quickly and economically (Business Jargons, n.d.). The goals established should
be accepted by everyone otherwise individual efforts will be misguided and
the future. It encompasses looking into the future, analyzing it and predicting it,
so that the organization can face the future challenges effectively (Juneja, n.d.).
future. ‘It is a kind of future picture wherein proximate events are outlined with
(Chand, n.d.)
done, all activities are orderly undertaken as per plans rather than on the basis
of guess work (Chand, n.d.) Planning is also always based on goals, facts and
considered estimates.
part of planning. It will occur at many points in the planning process. Planning
of action that can be undertaken to reach the goal. The alternative action chosen
should be the best among all, with the least number of negative and the highest
choice.
controlling. Planning is considered as the primary requisite but all functions are
activities, producing nothing, but chaos. And since planning is involved at all
Terry and Franklin (1994) has aptly stated that "planning is the foundation of
ending function due to the dynamic business environment. Plans are also
prepared for specific period of time and at the end of that period, plans are
changing conditions. Planning never comes into end until the issues still
framed, executed and followed by another plan. Koontz and O’Donnell (1968)
rightly observe that like a navigator constantly checking where his/her ship is
going in the vast ocean, a manager should constantly watch the progress of
his/her plans. He/she must constantly monitor the conditions, both within and
departments of the company. The scope of planning may, of course, differ from
one level to another. The top level may be more concerned about planning the
organization as a whole like strategical planning whereas the middle level may
lead to the accomplishment of the objectives at the least possible cost. It should
avoid wastage of resources and should ensure adequate and optimum utilization
does not value the cost incurred on it. Therefore, planning must lead to proper
machines. The guiding principles of a good plan is the maximum output and
unpredictable, planning must provide enough room to cope with the changes in
circumstances, the original plan of action must be modified and updated to make
planning (Chand, n.d.). Koontz and O'Donnell (1968) also emphasized that
effective planning requires continual checking on events and forecasts and the
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