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Planning is ascertaining prior to what to do and how to do, its firmly correlated with discovery and creativity
Its bridges the gap between where we are (present) and where we want to go (future).
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In order to become an expert in any area, you must be genuinely interested in and passionate about the subject.
PROVIDES DIRECTION
• determining how to plan for your organization. • ensures that goals and objectives are clearly defined so that, they act as a guide for deciding what action should be taken and in which direction.
REDUCES OVERLAPPING AND WASTEFUL ACTIVITIES
Through planning, the efforts of various individuals and departments are coordinated properly.
DECISION MAKING
Planning helps make rational decisions by choosing the best most profitable alternative which may bring lower cost, adaptable to the organization and situations
INNOVATIVE IDEAS
•New ideas can take the shape of concrete plans and innovation. •Innovation is required to modify the plans for the growth and expansion of the business