Planning is an intellectual process

Planning is an intellectual process - e. Planning...

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Planning is an intellectual process. a. Planning is a mental exercise involving creative thinking, sound judgement and imagination. b. It is not a mere guesswork but a rotational thinking. c. A manager can prepare sound plans only if he has sound judgement, foresight and imagination. d. Planning is always based on goals, facts and considered estimates.
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Unformatted text preview: e. Planning essentially involves choice among various alternatives. f. Therefore, if there is only one possible course of action, there is no need planning because there is no choice. g. Thus, decision making is an integral part of planning. h. A manager is surrounded by no. of alternatives. He has to pick the best depending upon requirements & resources of the enterprises....
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