Importance of planning

Achieve goal 
  ''it is the first importance of planning in the process of planning manager decides the object of organisation and make policy,program,rule,regulation,to achieve it so we can say that effective planning assure us to achieve goal 

2 Maximize production 
  ''production is the fist and main function of business .planning make policy,program,procedure,rule,regulation,working way in advance way so it  help to maximise production 

3 Increase efficiency 
  ''in the process of planning manager decides the working way ,working style ,working mode ,of human resource force so after it's implimentation and execution it's make Human Resource Force more effective, efficient and fast.
4. Minimize risk
business is full of risk this risk belong to market, economy, technology and so on. planning helps us o forecast all this type of risk and minimize the risk.
5. it helps other managerial function
besides planning, organising, staffing, directing and controlling are the managerial function of manager in the process of all coming event are forecated. so planning helps us to perform other function by proper way.
6. it helps us in decision making
decision making is also an important of manager before taking decision there are a number of facts, figures, data required figure, facts, data. so it helps in making decision.
7. it encourages innovation and creativity
management manage mans. planning is an important function of management. planning gives us opportunity to care, inspire, infuence, motivate our human resource force towards innovate new idea for the development of organisation.
8. motivate people
motivation is also an imporatant function of manager in the process of motivation positive and negative feature is forecasted. planning perform all this function earlier. so they also helps us to motivate people.

Comments

Post a Comment

4096

Popular posts from this blog

Chetain Saykariya Real Hero of 2021.

 There are many players who has been grown in scarcity but scarcity did not stop to get their dream. Chetain Sakariya is one of them. His struggle inspires many thousands players to struggle and get success.  He was born on 28 February 1998 at Vartej Bhavnagar district in Gujrat one of developed state of India. His father's name is Kanjibhai Sakariya who is a tempo driver. His mother is a daily worker of brick manufacturing unit. He has a younger brother whose name is Rahul Sakariya who took suicide some months ago.  He has been playing Saurashtra Cricket team for five years. He played his first class Cricket match on 20 November 2018. He was picked up by Rajasthan Royal's in 1.2 Crores rupees. His performance is very well. He took seven wickets in seven matchs and showed that the decision of Rajasthan Royal's is very good.  There are many problems he faced in his life. His younger brother Rahul Sakariya took suicide some months ago. He is very close to his brother. ...
Read more

Concept of Sale

Sale is an important function of business. It plays an important role in the growth and goal achieving process of organization.  It is the transferred of ownership on behalf of money.  In other words we can say that the process in which the ownership of any products or service transferred from one person to other person, one organization to other organization, one company to other company. This process is called sale.  In the word of law section 54, sale as a transfer of ownership in exchange for a price paid or promise to be paid.  Element of sale: There are two element of sale. 1. Transfer of ownership- it is the first element of sale. Sale is the process of changing ownership. The person who possess ownership of any products or services, they have power, right to use it according to their own way. If any type of problems happens they are responsible, accountable for this mistake and get financial punishment. If sale happens the power, right, duty, responsibility, ...
Read more

What is organisational excellence

 The organization is an important element of the economy. It plays an important role in the development of the common man. There are many global features organizations possess. Organizational excellence is one of them. We know that organization is the place where many people work together according to predefined rules regulations to achieve a certain goal. There are many international norms, standards, and parameters that show the excellence of an organization. The organization that possesses all these norms, standards and parameters such as the type of organization is called the organization excellence. Nature- 1. It is a wide concept. 2. It is a global concept. 3. It is a formal concept. 4. It is a part of total quality management. Advantage-  1. It increases the production of an organization. 2. It helps to perform the function of an organization in an effective, efficient, and economical way. 3. It helps the organization to become a brand at the international level. 4. It ...
Read more