Explain the advantages of planning, Management Theories


 Planning is valuable due to the following reasons:

 1.  Basis of Success

 Planning is the foundation of successful operation of any organization. Montgomery sums up that "Successful planning - i.e., a clear explanation of goals, determination of methods to move towards them and a review of progress-is the keynote of achievement in an organization."

2. Keystone management function

 Planning is without doubt the keystone management functions because all other functions are required to carry out the decisions of planning. Planning purpose distinguishes 'managers' from 'non-managers'.


Posted Date: 5/29/2013 7:58:43 AM | Location : United States

Related Discussions:- Explain the advantages of planning, Assignment Help, Ask Question on Explain the advantages of planning, Get Answer, Expert's Help, Explain the advantages of planning Discussions

Write discussion on Explain the advantages of planning
Your posts are moderated
Related Questions
discuss the importance of stakeholders throughout the project life cycle

HENRY GANTT  The third well-known pioneer in the early days of scientific management was Henry Gantt. Gantt worked for Frederick Winslow Taylor in USA and is to be remembered f

What limits bacterial growth within a culture of medium? A. nutrients and oxygen B. physical space C. carbon dioxide D. All of the above are correct.

“The eclectic paradigm combines elements of quite different approaches to international production, and so it should not be misunderstood as itself another general theory: ‘precise

what is the need for documents in international business with examples

explain the principles of disciplining employees.what are the consequences of enforcing discipline without prior information?

what are the types of respiration ?