Wednesday, January 27, 2010

Nature of Planning


According to Koontz and O’Donnell, the four basic principles to be dealt with in understanding the nature of planning are:

Primacy of Planning: This deals with the importance of planning for its central role in linking all the other managerial functions.

Pervasiveness (to persuade planning) of Planning: This brings out the ideas that planning is a function and responsibility of every manager, supervisor, and foreman in an organization.

Contribution to Objectives: Plans are means to achieve some ends and without planning, we can not achieve goals and objectives of an organization.

Efficiency of Planning: Least costly and more beneficial.

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