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VALUE OF PLANNING

                                         

MEANING OF PLANNING

PLANNING  IS A  BASIC FUNCTION OF MANAGEMENT.  IT IS A PROCESS OF MANAGEMENT WHERE WE ARE AND WHERE WE WANT TO GO.PLANNING SEEKS TO BRIDGE THE GAP BETWEEN WHERE WE ARE AND WHERE WE WANT TO GO.


FEATURES OF PLANNING

PLANNING IS VERY IMPORTANT PART  FOR OUR  LIFE. BECAUSE WITHOUT PLANNING WE CANNOT ACHIEVE SUCCESS IN OUR LIFE.IF  WE WILL NOT MAKE PLAN  SO HOW WE WILL DO WORK BECAUSE BY PLANNING WHEN WE DO THE WORK SO WE WILL DEFINITELY ACHIEVE SUCCESS IN OUR LIFE. PLANNING IS VERY IMPORTANT FOR DOING ANYWORK .PLANNING IS THE PRIMARY FUNCTION  OF MANAGEMENT. WHEN WE WILL MAKE PLAN  SO FIRSTLY WE WILL DECIDE OUR OBJECTIVE. BECAUSE PLANNING WILL MAKE WHEN WE HAVE ANY OBJECTIVE.
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PROCESS OF PLANNING

 THE FIRST STEP OF PLANNING IS TO SETTING THE OBJECTIVE.IT MEANS FIRSTLY WE WILL SET OUR OBJECTIVE OR GOAL. AFTER DECIDING OBJECTIVE WE WILL DEVELOP MANY PREMISES OR ASSUMPTIONS  FOR ACHIEVING GOAL.THE NEXT STEP OF PLANNING IS TO IDENTIFYING THE VARIOUS ALTERNATIVES FOR ACHIEVING THE OBJECTIVE.ALTERNATES IS MUST FOR  PLANNING  BECAUSE WHEN ONE  METHOD WILL FAIL FOR SUCCESS  OF PLANNING SO WE CAN TAKE ANOTHER ALTERNATE FOR  ACHIEVING THE OBJECTIVE.THEN WE WILL EVALUATE AND ANALYSE THE ALL ALTERNATIVES. AFTER ANALYSING ALL THE ALTERNATIVES WE WILL  SELECT THE BEST ALTERNATIVE FOR ACHIEVING SUCCESS  OUR GOAL.AFTER TAKING BEST ALTERNATE WE WILL IMPLEMENT OUR PLAN. IT MEANS WE WILL DO ACTION FOR PLAN  FOR ACHIEVING SUCCESS OUR OBJECTIVE
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DRAWBACKS OF PLANNING

THE DRAWBACKS OF PLANNING  IS  IT IS VERY TIME CONSUMING PROCESS. BECAUSE WHEN WE WILL MAKE PLAN SO WE HAVE TO NEED  MORE TIME FOR MAKE A PLAN.  BECAUSE WE WILL MAKE PLAN THAT WE ARE ABLE TO ACHIEVE SUCCESS IN OUR PLAN. IT IS ALSO VERY EXPENSIVE PROCESS. BECAUSE WE NEED EXPERTS FOR OUR PLAN. SO WE WILL HAVE TO PAY TO THE EXPERTS FOR PLAN.

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 CONCLUSION

.THE CONCLUSION OF PLANNING IS THAT WHEN WE WANT SUCCESS IN OUR LIFE. SO WE SHOULD MAKE THE PLAN. BEACAUSE WIYHOUT PLANNING  WE CANNOT ACHIEVE SUCCESS IN OUR LIFE. 
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