Planning definition
/What is Planning?
Planning is the process of developing strategies to create a competitive advantage, which is supported by goals, tasks, and timelines. The planning process requires attention to the amount of available resources; otherwise, the strategies adopted will be unrealistic and cannot be achieved. Once a plan has been adopted, the management team uses it as a guide for implementation. Actual results are compared to the plan to see where there is a shortfall in performance, which can result in either more attention being paid to those areas or an adjustment of the plan.
Strategic Planning
Strategic planning is the process of setting priorities and allocating resources in order to achieve a goal. It begins with a vision statement, which is then broken down into a series of manageable steps. These action items are widely disseminated through the organization, so that employees are consistently engaged in activities that will force the organization in the direction of achieving the plan.
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What is Government Planning?
The planning concept also refers to government oversight of the development of a geographical area, requiring licensing to allow land use in a controlled manner. This approach is typically designed to segregate a planning area into different zones, so that residential areas are separated from industrial and other business areas. This approach to planning improves the quality of life for residents.