Next-Push

Definition of Planning: According to  koontz and O ’ donnell ,” Planning is deciding in advance what to do, how to do it, when to do it, and who is to do it.” Feature / Nature/ Characteristics Of Planning 1) Planning contributes to objectives : - Planning always starts with the determination of objectives. We cannot think of planning in absence of objective. After setting up an objective, planning decide the methods, procedure and steps to achieve those objectives. For an example if an organization has the objective of manufacturing 1500 washing machine in a month, then organization need to plan their activities according to the objective, to achieve their target in desired month. 2) Planning is primary function of management : - The primary or first function of every individual organization is to do planning. No other function can be executed by the organization without performing planning. Because the basic function of planning is to set up an objective, an...

M anagement is a technique used for optimum utilization or resources. In other words it is a process of getting things done with the aim of achieving goals effectively and efficiently. Effective and efficient are different term but they are interrelated. In term of management it is important to be both effective and efficient. Effectiveness in management is concerned with doing the right task at right time and efficiency means doing the task correctly in minimum cost and time. Effectiveness and efficiency are two side of the same coin and need to be balanced. Management has been defined by different authors in a number of ways. The following are some of the main definitions of management: According to Mary Parker Follet "Management is the art of getting things done through people." According to Harold Koontz "Management is the art of getting things done through and with people in formally organized groups." According to Henri Fayol "To manag...