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Learning Unit 7 (Benefits of planning, Planning provides direction,…
Learning Unit 7
Benefits of planning
Planning provides direction
Planning reduces the impact of change.
Planning promotes co-ordination.
Planning ensures cohesion
Planning facilitates control.
Cost of planning
Planning may create rigidity.
Planning consumes management time.
Formal plans may replace creativity.
Planning could create delays in decision making.
Goals provide guidance and agreement.
Clear goals create effective planning.
Goals can inspire and motivate workers.
Goals provide a basis for effective evaluation.
SMART
Specific
Measurable
Attainable
Relevant
Time Bound