What is the importance of planning

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Posted by Paramjeet Kaur 5 years, 5 months ago
- 2 answers
Meghna Thapar 5 years, 5 months ago
Planning helps a business identify its goals. Preparing for the future allows business leaders to consider the impact they would like the company to have and to find a way to get there. When a team works together to set goals, it allows everyone to be on the same page, working toward a common, shared purpose.
Recognizing the Advantages of Planning
- Gives an organization a sense of direction. ...
- Focuses attention on objectives and results. ...
- Establishes a basis for teamwork. ...
- Helps anticipate problems and cope with change. ...
- Provides guidelines for decision making. ...
- Serves as a prerequisite to employing all other management functions.
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Ankush Yadav 5 years, 5 months ago
0Thank You