The Importance of Planning and Programs Development

Planning is a necessary function that helps management see the larger picture. This is a prerequisite to taking on other essential managerial functions such as organizing staffing, planning and leading. Many managers are disengaged from the planning process and don’t get the benefits. This could be due to a lack in training or a tendency to not engage with this role.

Improved Decision Making

A plan requires management to take into consideration the consequences of their decisions. A plan allows them to evaluate the benefits and risks of various options, as it sets out specific goals. It also helps them keep an eye on the long-term outcomes of their decisions such as how a decision made today will impact the growth of the company over the next three years.

Increased Productivity

A clear plan allows individuals to break down complex tasks into smaller manageable components that can be completed in a shorter amount of time. This enables them to use their time more effectively and minimizes the risk of miscommunication.

A plan can help a business identify its strengths and weaknesses in the marketplace. This allows it to take advantage of growing markets before other competitors do which gives it an advantage. A detailed and clear plan can also serve as an outline for work and help ensure that the tasks are assigned effectively and that the completion of the key milestones is accounted for effectively.

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