Entrepreneurship Development and Communication Skills

6.1.2 Definition

According to Urwick, 'Planning is a mental predisposition to do things in orderly way, to think before acting and to act in the light of facts rather than guesses'. Planning is deciding best alternative among others to perform different managerial functions in order to achieve predetermined goals.

According to Koontz & O’Donell, 'Planning is deciding in advance what to do, how to do and who is to do it. Planning bridges the gap between where we are to, where we want to go. It makes possible things to occur which would not otherwise occur'.