Categorizing the managerial activities
What do you mean by planning according to Koontz while categorizing the managerial activities?
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This is the fundamental function of management. It mainly deals with chalking out a future course of action and deciding in advance the most suitable course of actions for accomplishment of pre-determined goals. According to the KOONTZ, ‘Planning is deciding in advance - what to do, when to do and how to do. It bridges the gap from where we are and where we want to be’. The plan is a future course of actions.
This is an exercise in problem solving and decision making. Planning is determination of courses of action to accomplish the desired goals. Therefore, planning is a systematic thinking regarding ways and means for accomplishment of pre-determined goals.
Planning is essential to make sure proper utilization of human and non-human resources. This is all pervasive, it is an intellectual activity and it as well helps in avoiding the confusion, uncertainties, risks, wastages and so on.
Write down the questions which the planning process seeks?
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