function of planning_and_control

Jun 28th, 2015
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Planning Planning determines an organization’s goal and by which means the organization can achieve it. It gives managers an opportunity to adjust to a certain type of environment instead of reacting to it. Planning helps in anticipating and managing risks that may arise in future. In short, planning means preparing tomorrow, today. There are four major planning stages: Strategic Planning, Tactical Planning, Operational Planning and Contingency Planning.

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Discuss the consequences of poor planning and poor controlling in Business. Use examples and scenarios to enhance your discussion where possible.Planning and Controlling are two of the four major functions of management processes of an organization, the other two being organizing and leading.PlanningPlanning determines an organizations goal and by which means the organization can achieve it. It gives managers an opportunity to adjust to a certain type of environment instead of reacting to it. Planning helps in anticipating and managing risks that may arise in future. In short, planning means preparing tomorrow, today. There are four major planning stages: Strategic Planning, Tactical Planning, Operational Planning and Contingency Planning.The military saying if you fail to plan, you plan to fail is very true. Without a good planning, managers are bound to face several pr

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