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If u fail to plan,u plan …

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If u fail to plan,u plan to fail.Do u agree.? Give resons

Posted by Udit Bagri 8 years, 9 months ago

CBSE > Class 12 > Business Studies

1 answers

Naveen Sharma 8 years, 9 months ago

Ans. "If you've failed to plan, then you've planned to fail". Yes I am Agree. The following reasons vouch for this statement :

Planning Provides Direction: Planning provides direction by stating in advance what is to be done. It leads to unity of direction. If there were no plans, then the employees would've been working in directions and organisational goal could never be achieved.
Planning Reduces The Risk of Uncertainties : Planning involves making assumptions and predictions regarding future on the basis of past experiences of managers. Accordingly, assets can be kept aside for meeting uncertainties associated with events such as loss by fire or accidents.
Planning Establishes Standards for Controlling : Controlling refers to comparing actual performance with specified standards, finding out deviations (if any) and taking corrective measures. If there were no planned performance, then the manager would have no basis for comparison of actual performance.

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