why managers in an organization have to plan?

Question

5 reasons why managers in an organization have to plan?

Answer 1

1. To anticipate future performance so as to prepare oneself and the resources one controls.
2. To set intermediate performance goals to guide actions and measure progress towards the anticipated performance.
3. To agree future performance goals with members of one's own team/organization to co-ordinate effort.
4. To build alignment with other managers, about the collective future performance and the total resource requirements.
5. To demonstrate performance expectations and progress toward them to other stakeholders, e.g board/investors, customers.

(Plans are just that and what actually happens can be quite different. The most responsive organizations deal very effectively with deviations and adjust expectations accordingly.)

Answer 2

1. To ensure that they have the proper staffing needs to make service.
2. To ensure that they are running their operation efficiently (without loosing money).
3. To prevent previous mistakes from reoccurring.
4. To ensure that all angles are covered and unseen items won't become obstacles which will hinder the business.
5. To grow new business and provide for a sound future.