Planning

[Iroh]

Planning is a very important tool and a very essential managerial function. It’s no wonder it’s there amongst the managerial functions and the first function at that.
Planning as an activity never ends and is very important in the management circles as well as in our everyday lives.

Wikipedia defines planning as “the process of thinking regarding the activities required to achieve a desired goal”.

I would define planning as the process in which goals are set, thoughts and actions on how best to achieve the set goals are deliberated upon, the best course of action is chosen and then comes how best to implement the chosen course of action effectively and efficiently.

Planning cannot be said to be overrated as planning is essential in both the workplace and the home. Also very essential in the running and management of a business organization.

Here are some of the benefits of planning in the workplace.
1. Planning facilitates control: Control, also being a management function is essential and very important in an organization and a good plan helps keep everything and everyone running optimally

2. Planning helps solve foreseeable problems: With planning, problems that would be likely to arise during the course of the business year would be prepared for, easily avoided or solved with ease

3. Planning facilitates creativity and innovation in employees: With planning, thoughts and ideas are brought forward and the best is chosen. This would awaken creativity and innovation in employees that are tasked with bringing up ideas

4. Efficient use of resources: Planning helps ensure that scarce valuable resources(both human and material) are efficiently and optimally, thus eliminating waste.

5. Planning brings about commitment: Employees following a good and well structured plan would be committed to the job in order to help achieve the organizational goal.

As with benefits, there are also some cons to planning.
1. Rigidity: A plan can be said not to be flexible but rigid and this could be disastrous as employees in the workplace might feel bound to follow the laid down plan even if they know it might not work

2. Unforeseen problems: Unforeseen problems that may arise may very well not be handled effectively cause these problems weren’t foreseen and weren’t planned for.

3. Control: Control can also be said to be a disadvantage of planning. While a certain level of control is needed in the workplace, some employees may frown at being controlled and some perform better unsupervised or in a less controlled environment.

4. An effective and efficient plan can very well be time and cost consuming.

On a personal note; planning is more advantageous as it’s an essential process that we must all indulge in for if we fail to plan, we’ve already planned to fail.

[Fivestar4everMVP]

Yeah, Planning is as essential as life itself, for life is indeed meaningless without planning ...
Yogi Berra said “If you don’t know where you are going, you’ll end up someplace else.”
John F. Kennedy said  “The time to repair the roof is when the sun is shining.” which to me simply means, best time to plan is when you are alive, because a dead man can not and has no plan.
For Richard Cushing said “Always plan ahead. It wasn’t raining when Noah built the ark.” this simply tells us we dont have to wait for the future we want before we start planning for it, the planning is how we successfully step into our future.

[2stout]

It just as simple as the old saying we have all heard at some point, including those before us, and it still rings ever true:  Failing to plan= Planning to fail.  It is an inverse relationship.

[odunybiz]

For things to work out well for us in life, one definitely need to plan ahead. This is one of the secret to be successful.

[KingsDen]

I never knew the essence of planning until I became a programmer this year.
Most times I will glue to my computer trying codes that won't work and the computer will not say "hey guy" you are coding rubbish. They computer will allow me to exhaust all my strength and patience.
But when I take a walk off my computer to see the greenish environment, an idea will come. I will then begin writing down the ideas as a plan, in the planning there will be bonus of alternative ideas.
After the walk, I'll face my computer again, it is then i'll realise how stupid I was minutes ago I was struggling with the codes. It was then I knew planning was the difference.

Now, I don't write a line of code without planning.

[Majestic-milf]

Yeah, the importance of planning before taking action cannot be over stated because without an effective laid down thinking process, our intended goals would just be mere wishes.
 We all have pursuits in life but these become more realistic when there is a well thought-out plan.
 
According to Abraham Lincoln, planning gives you a sense of direction and it plays a key role on how well a project will end up.
In his quote -"Give me six hours to chop down a tree and I will spend four hours sharpening the axe".- for me explains the necessity of planning.

[CageMabok]

It just as simple as the old saying we have all heard at some point, including those before us, and it still rings ever true:  Failing to plan= Planning to fail.  It is an inverse relationship.

I'm a little confused with the saying you say, even though it's an old saying. But I had never heard that saying before, because I assumed that if a person fails to plan something for himself, he is not actually planning himself to fail. It's just that maybe a person is too negligent in his life that he meets failure at something.

For things to work out well for us in life, one definitely need to plan ahead. This is one of the secret to be successful.

Making a plan to get success is very important in everyone's life, because it is a very needed part of life if one wants to be successful in the future. So it is very important to make every necessary step as the initial stage to be achieved to achieve success in a shorter time.

[gantez]

 if we fail to plan, we’ve already planned to fail.

This is the word that I was hoping to introduce to your topic and it is true that if you don't plan it means you have on the other part planned yourself for the failure coming in future to the inability to plan. This is a philosopher saying that you hear in motivational seminar speaking or public lecture on planning for the future. People plan for the future that is yet to come by investing in different areas of life. Buying of houses, land properties are very good for the future. Some people are hodling high value cryptocurrency like bitcoin, this is a good planning for the future. It is helpful to save and saving is part of planning. You need to plan for the future because not to do that is disaster waiting, the reason for the word not planning is planning to fail.

[Bitstar_coin]

I never knew the essence of planning until I became a programmer this year.
Most times I will glue to my computer trying codes that won't work and the computer will not say "hey guy" you are coding rubbish. They computer will allow me to exhaust all my strength and patience.
But when I take a walk off my computer to see the greenish environment, an idea will come. I will then begin writing down the ideas as a plan, in the planning there will be bonus of alternative ideas.
After the walk, I'll face my computer again, it is then i'll realise how stupid I was minutes ago I was struggling with the codes. It was then I knew planning was the difference.

Now, I don't write a line of code without planning.

I guess your story goes with the popular saying - "all work but no play makes jack a dull boy". It was clear you were spending too much time on your computer without yielding any results and especially not giving yourself a break to think things through, have good thoughts, and build a plan around that idea.
It is always good to have a plan, it makes achieving our aim much easier.

[YinShuiSiYuan]

One cannot achieve anything and do anything without planning, either its your life or your work place or any vacation or outing you plan for every small and big thing in life that's how our life is . We plan for our studies, we plan for our career ,we plan to do any business, we plan to go on some vacation, we plan for family , so we plan for everything which is good for yourself . A messy and unplanned environment is not appreciated by anyone , your organization defines you that how much composed and proper you are in life.

[naira]

Idealism and when idealists do not achieve what was planned from the start always end in frustration. In fact, the principle of implementing the plan as detailed as possible always forgets the reality. Because every planning sometimes creates a dilemma when the situation in the middle of the road distracts. I know how ideal a well-planned thing is to do something for future prospects. We are still individuals who are not tied to interactions with the environment. And environmental factors should make you have a plan B. Don't focus on 1 plan that is considered successful but the evidence never materialized.

Believe what you can do today then do it with all your heart. Complete it perfectly and regarding long-term planning should have many options.

[Zlantann]

It just as simple as the old saying we have all heard at some point, including those before us, and it still rings ever true:  Failing to plan= Planning to fail.  It is an inverse relationship.

The world currently is now filled with uncertainties that planning seems to be a waste of time and resources. We have recently experienced hyper inflation, high rate of unemployment and high cost of goods and services. Most businesses that have carryout viable plans are closing up because the uncertainties of this world is becoming uncontrollable.

Regardless of these challenges, it is very important to plan because it helps us to control what we can and adapt to what we cannot. It is also important that we become dynamic or receptive to change. That is why it is important to have a shot term plan that can be reviewed base on the current realities.   

[Frankolala]

Whatever we want to do in life to be successful must be planned properly, If you fail to plan it means you will get trap at the middle of whatever goal you are trying to achieve. Some persons plans are failing because they don't have a proper back up for their plans. Plans is life itself because I don't see anyone that will just wake up without planning on what to do. In business that is why there is a business plan that gives details on everything about running the business successfully.


Although some plans do fail because of some unstable natural challenges facing the goal target. When planning you have to  also make an alternative plan for back up should in case the first plan didn't work. If you have plan A on how to catch a lion,you have to also make plan B of what if the lion catches you,so that you might be at

[Fortify]

Planning is a very important tool and a very essential managerial function. It’s no wonder it’s there amongst the managerial functions and the first function at that.
Planning as an activity never ends and is very important in the management circles as well as in our everyday lives.

Wikipedia defines planning as “the process of thinking regarding the activities required to achieve a desired goal”.

I would define planning as the process in which goals are set, thoughts and actions on how best to achieve the set goals are deliberated upon, the best course of action is chosen and then comes how best to implement the chosen course of action effectively and efficiently.

Planning cannot be said to be overrated as planning is essential in both the workplace and the home. Also very essential in the running and management of a business organization.

On a personal note; planning is more advantageous as it’s an essential process that we must all indulge in for if we fail to plan, we’ve already planned to fail.

As you progress through life you really see the benefits of planning in advance with many things and you'll often find it is a trait that the wisest people use to their advantage in many ways. Just take holidays for example, those people who strategically do research and purchase many months ahead of time will naturally find the most favorable pricing, as those who leave it to the last minute will pay a premium as the remainder are often in high demand the closer the date gets. It applies to many other areas of life, such as Christmas shopping too - if you buy earlier then you can pick up presents for cheaper and there is also higher availability before all the best gifts disappear.

[Hydrogen]

Books on financial planning should be required reading in standard school curriculum. If only for the frightening and eye opening statistics:

Financial Planning Statistics – Highlights

• Only about 30% of American households have any kind of long-term savings or financial plan.
• 20% of Americans don’t save any amount of their yearly income – at all.
• 42% of Americans have less than $10,000 saved for retirement.

Knowing basic statistics could be the incentive people need to get motivated to learn about finance.

Which would lead to positive life changes and better decisions which would elevate average quality of life.

Looking at the above stats it may not be difficult to see why many were so excited about new developments like BTC.

People need strong long term HODL assets in a very big way.

[Smartprofit]

Books on financial planning should be required reading in standard school curriculum. If only for the frightening and eye opening statistics:

Financial Planning Statistics – Highlights

• Only about 30% of American households have any kind of long-term savings or financial plan.
• 20% of Americans don’t save any amount of their yearly income – at all.
• 42% of Americans have less than $10,000 saved for retirement.

Knowing basic statistics could be the incentive people need to get motivated to learn about finance.

Which would lead to positive life changes and better decisions which would elevate average quality of life.

Looking at the above stats it may not be difficult to see why many were so excited about new developments like BTC.

People need strong long term HODL assets in a very big way.

Planning does not make sense if a person does not have desires, ideas and dreams. 

It is always wise to start the planning process by identifying your true desires.  In this regard, it is advisable to write down your dreams in a diary.  In a dream, a person communicates directly with his subconscious, that is, with himself. 

You also need to meditate, draw mental maps and communicate a lot with other people.  This will reveal your true dreams.

At the next stage, you can already set life goals and build ways to achieve them (tasks, subtasks, etc.).  This is what is called planning.

[Rockstarguy]

Good things comes by planing, things don't just happen on it own without planning. Sometimes planning for something good can take lot of time. Planning is needs consistency to make a better result. To become wealthy or financially buoyant, it is being achieved by planning .planning means more commitment,  sacrifice,  value time. Every good plans , that we work towards it always yield good results. Some people makes plans but they don't work towards it. Real plans that always come to pass occurs by working.

[Reid]

Or sometimes it doesn't go as planned but it ended up good. It's a very important part of life or else it will become a living hell without a path you are trying to follow. Most of my young years I just live by the day, but as I grow older, there is this frightening future that surrounded me and that is where I thought of something to avoid that.
It's everywhere.
From food to time management, to work, trading crypto, investments, even making love to your wife should be planned. 

[Dickiy]

Yes, the plan is the initial capital to step up and make decisions because planning is a process. the planning process is a rational sequence in the preparation of plans and the process has properties that can be adjusted to the objectives, can be adapted to existing limitations, can be developed according to certain techniques and needs. therefore planning is always the first order in management science.
if I quote Muslims they always say "Innamal A'malu Bin Niyyat" which means all actions depend on how the intention (planning). therefore planning becomes a benchmark for achieving the level of effectiveness and efficiency of the company's operations.
especially if you have a large enough organization, of course, requires very careful and effective planning to manage your company in the future.

[Bananington]

On a personal note; planning is more advantageous as it’s an essential process that we must all indulge in for if we fail to plan, we’ve already planned to fail.

Four things,
It is possible to be making plans that will be wrong or not work out. Making a plan does not mean that your action is in the right direction.

If you are bad at making plans, find people who can make plans for you, or follow the blueprint of another persons plan that you see will be good for you too.

Your plans can fail, always have a PLAN B, and if PLAN B fails, have a PLAN C.

Don't tell people your plans.