Planning is firmly correlated with discovery and creativity. However, the manager would first have to set goals. Planning is an essential step what managers at all levels take. It needs holding on to the decisions since it includes selecting a choice from alternative ways of performance.
Features of planning are as follows:
(1) Primary Function:
• Planning precedes other function because it lays down the base for all other functions of management.
• All other management functions like organising, staffing, directing and controlling are performed within the framework of the plans drawn.
• Without planning other functions of management is not possible.
(2) Achieving Objectives
• When we make plans, we focus on two things, specific goals to be achieved and activities involved to achieve these specific goals.
• These specific activities become objectives to achieve goals and objectives are quantifiable.
(3) Futuristic/ Forward-Looking
• Planning means looking ahead and meeting future events effectively.
• Planning is regarded as a forward-looking function based on forecasting.
(4) All Pervasive
• Planning is required in all types of organisations and at all levels of management. However, the scope of planning differs.
(5) Continuous Process
• Planning is an ongoing process and plans are prepared for a specific period of time.
• These may be prepared for a day, week, a month, a quarter or a year.
