Feature of planning

 Planning refers to the advanced decision of what to do and how to do it. This is the basic managerial function before doing some thinking. Planning has a very important role in the business. The leader decides on the object and then formulates an idea of how to work on the particular task. This is why planning is closely connected to innovation and creativity. Planning is a tool that creates the bridge between where we are and where we want to reach. Planning is done at every stage of business. It requires taking a lot of decisions because businesses have a lot of choices and alternatives for reaching the desired goals. 

Planning involves a lot of activities such as setting objectives and developing an appropriate course of action to achieve those objectives. Objectives provide direction for all managerial decisions and actions for better operation of the business. Planning provides a rational approach for achieving the predetermined objective and gives direction to convert it into reality. Businesses are operated by a lot of people and people need direction and guidance to achieve the desired goal of business. There are several goals set the target which need to be achieved and against which actual performance is measured. There are several plans and strategies for the different goals for a limited time duration. If the time factor is not considered then the environment may change and the business plan may go waste. 

In simple words, planning is the process of setting the object for a certain period then make a plan according to the object and formulating various courses of action to achieve them and then selecting the best possible alternative from among various courses of action available. There are several features of the planning also included so let us discuss them one by one. 

Feature of planning   

   Planning is the primary function of management because business set their objectives first and then make a plan according to the object and businesses follow a set pattern of planning. The planning function of the management has certain features that are highlighted below. 

The prime object of planning is achieving the goals 

There are several goals in the daily operation of the business for general purposes. But the specific goals are set out in the plans along with the activities to be undertaken to achieve the goals. Since the planning is very purposeful. Planning has no point because it contributes to achieving the predetermined goals of the business. 

The primary function of the management  

Planning is the primary function of business management. All the work is done according to decide a plan. Thus, planning leads to other functions. There are several functions of management interrelated and equally important. This is the reason the planning provides the basis of all other functions. 

Planning is the first tool after deciding the goal of an object that takes step toward the achievement of the goal. It leads all activities that consider the business purpose and any other decided goal.  

Planning is the pervasive object 

This is one of the important features of planning. Planning requires at all levels of management as well as in all departments of the organization. It is neither the exclusive function of top management nor the departmental. Planning is depending on business-to-business, levels of business, and department of business also follow their strategy. For example top, big companies have a planning team that plans for the whole organization, but the middle business plans are departmental level, small business plan for small goals, and day-to-day operational plans. 

Persistence process 

Planning is the persistence process. It prepares for the period for particular goals, may be for a month, quarter, or year also. Planning time is finished the business needs to make new plans for a certain time. It is a continuous process for different goals and objectives. The plan is drawn on the biases of new requirements and conditions. Plans also depend on future goals. Thus the planning continues to process and it makes and implements then we make another plan follow and so on. This cycle is run continuously.  

Plans make for future

Planning evolves by looking ahead and preparing for the future with the best prediction. The purpose of planning is to achieve future goals in the best way with the maximum advantages for the organization. It implies peeping into the future, analyzing effectively, and then predicting with accurately as possible. Planning is looking forward to functioning based on the forecast. Analyzing the future includes a lot of data analysis, collection of relative information, the certainty of any situation, and many other things also impact future forecasting. 

Planning contains the decision making 

Decision-making is essential for planning. There are several options we have for completing one goal business needs to choose an accurate strategy. For selecting the best option we required the quality of decision-making. The planning is required plan the alternative is also available. Planning needs to practice when several options are available then the decision-making experience works in a positive sense and business managers take the best options for their goals. 

Mental exercise

Planning includes a lot of mental exercises such as thinking differently, different point of view on one subject, imagination skills, and other mental work also includes. It is an intellectual activity of thinking rather than doing any thinking because planning determines the action to be taken in the future. However, it requires logical and systematic things for making foolproof planning.