Small Business Chron "The Importance of Planning in an Organization"
“Planning involves envisioning the results the organization wants to achieve, and determining the steps necessary to arrive at the intended destination–success, whether that is measured in financial terms, or goals that include being the highest-rated organization in customer satisfaction. The five key components of planning outcomes discussed in the article include: 1) efficient use of resources, 2) establishing goals, 3) managing risk and uncertainty, 4) team building and 5) creating competitive advantages. You will discover more fully how these aspects effect organizational success.