What is planning? What are the steps involved in it?

What is planning?
Planning is primary function in the management process. It is the first and foremost functions because it planning that leads to other functions of management. In simple term planning is about deciding

• what to do (determining action(s))
• when to do ( determines timing for those actions)
• how to to ( determining a method or approach)
• who has to do ( assigning the job)

What are the steps involved in it?

The following steps are generally involved in planning process

1. Establishing set of goals to be achieved
2. Establishing Planning premise
3. Deciding the planning period or horizon
4. Finding alternative course of actions
5. Evaluating and selecting a course of action
6. Measuring and controlling the implementation