How and Why Managers Plan

How and Why Managers Plan

Planning -  the process of setting objectives and determining how to accomplish them.

Planning is a very important process. Like my coach says "If you fail to prepare, prepare to fail". It is very relevant because it also means if one fails to plan, you won't be prepared for what you have "planned". Planning can create a platform for management functions such as organizing, leading, and controlling.

This photo above is important to understand. It is essential to stay one step ahead of the competition. It involves striving always to become better at what you're doing and to be action oriented.

Planning has many benefits that can help for the future. Benefits such as:

• Planning improves focus and flexibility
• Planning improves Action Orientation
• Planning improves Coordination
• Planning Improves Time Management
• Planning improves control

https://www.youtube.com/watch?v=PDWvcsTloJo

This video is about "How to start a business plan". In this video it shows you planning a path to starting a business and the fastest way to get to where you want to go and what you want to do. This business plan is important in many ways. It helps people get started and helps with future activities/goals. If one tries to start a business without a plan, I promise it will fail. For everything that is being done, you will always need to know what you're going to do next, some sort of PLAN. Planning will always help you accomplish goals, if you do it right and effectively.