CHARACTERISTICS OF PLANNING
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advantages of planning
ADVANTAGES OF PLANNING / BENEFITS OF PLANNING
We all know that problems arise due to poor planning, but what benefits can we expect from good planning?
• Increases the organization's ability to adopt future eventualities
• Helps to crystallize objectives
• Ensures a relationship between decisions
• Helps the company remain more competitive in its industry
• Reduces unnecessary pressures of immediacy
• Reduces errors and omissions
• Ensures more productive use of resources
• Facilitates control
• Increases a manager’s effectiveness
• Improves focus and flexibility.
• Improves action orientation.
• Improves coordination.
• Improves time management.
• Improves control.
• Knowing what to expect reduces stress
• Allows you to have the necessary materials
• Provides a feeling of accomplishment and well-being
• Leaders receive accurate and complete information and, as a result, do better work.
• Helps the organization progress in the manner deemed most appropriate
• Employees know what is expected.
• Employees meet deadlines.
• Managers convey enthusiasm and confidence to other leaders
PLANNING LIMITATIONS
• Effectiveness depends on correct assumptions
• Planning is expensive
• Plan delay actions
• Encourages a false sense of security
