The well-known proverb is ‘Well-planned is half-done’. It is real because smart work is nothing but the addition to planning and hard work.
Smart Work = Planning + Hard Work
If, you really want to know about planning then first you should know about the characteristic of planning. Planning is the first fundamental function of management from all other functions of management like organizing, staffing, directing, controlling.
It helps in organizing the course of action to accomplish various organizational goals.
There are 7 most important characteristics of planning are given below.
Let’s dive in.
7 Important Characteristics of Planning
1. Primary Function of Management:
Planning is the primary function of management. The first work of any department in an organization is to plan the process and short terms goals to achieve the main organizational objectives.
The foremost reason for the success of an organization is planning because planning helps to achieve short and long term goals effectively and efficiently.
All the other functions are surrounded around planning, so the planning is the leader of the function of management. All functions of management are interconnected.
Planning develops according to the purpose of the organization which guides the whole organization.
2. Thinking and Intellectual Process:
Planning is an intellectual process of scheduled thinking. It is the function of what kind of actions taken in near future. It has a number of steps to decide the future course of action.
Managers will suggest various courses of action which is necessary to fulfill the organizational objectives. Learn about the pros and cons of every course of action and then finally decide what course of action suits best to accomplish organizational goals timely and smoothly.
All other functions draw their intellectual backing or logical backing from the formulated.
Hence, the other functions are the logic of planning and their requirement is only the application of the logic behind the plan.
3. Continuous Process:
Planning is a continuous or never ended process of a manager upon some assumptions. Therefore, the manager has to rethink and dispose of plans and actions in the changing situation.
It involves never cease collection, evaluation, selection of facts, and scientific investigation and resolution or selects the practical alternative action.
Planning is mainly a process of top-level management, for this, it is a pervasive function. Top-level managers display plans for the overall organization, whereas the other entire department makes plans for their whole department.
It is done at every level of an organization to make it pervasive. The nature and scope of planning may change from person to person.
It is basically a universal activity.
5. Dynamic Function:
World adapts necessary elements in changing times, planning is not far from it.
Plans are formulated to create change in the real-world and may require the business to change in course of action.
If any planed marketing tactics not work, then you have to change plans and tried new ones.
So, planning is always a dynamic function.
Planning is a huge spectrum in managerial function which involves the process of forecasting. It is good to say, planning includes forecasting but not vice versa.
The renowned management author, George. R. Terry gives a definition of planning, it is – “Planning is the selecting and relating of facts and the making and using of assumptions regarding the future in the visualization and formulation of proposed activities believed necessary to achieve desired results”.
According to George. R. Terry, planning makes and uses of assumptions regarding the future in the visualization.
Planning helps to coordinate the levels of management and course of action in various departments of an organization.
It provides guidelines to do work to all managers and staffs to achieve organizational objectives.
These are 7 vital characteristics of planning which helps to understand overall planning.
What did you think of this? Do I miss something? Come on! Let us know if you want to add something to the list.
Characteristics of Planning FAQ:
There are 7 important characteristics of planning which are – (1)Primary Function of Management, (2)Thinking and Intellectual Process, (3)Continuous Process, (4)Pervasiveness, (5)Dynamic Function, (6)Forecasting, and (7)Coordination.