Steps to Make Planning Effective | Planning | Functions | Management

Measures to be taken to make planning effective are as follows: 1. Well-Defined Objectives 2. Management Information System 3. Top-Level Initiative 4. Planning should be Flexible 5. Resistant to Changes 6. Careful Premising 7. Integration of Long-Term and Short-Term Plans 8. Cost-Benefit Analysis 9. Proper Forecasting 10. Dynamic Managers. Step # 1. Well-Defined Objectives: For efficient planning well-defined objectives are [...]