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Explain the steps involved in the process of planning.

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Following are the steps included in planning:

i. Setting Objectives: In the planning process, objectives are determined and defined first of all.

ii. Developing Premises: At this stage planning premises are developed. They affect the possible results of various alternates.

iii. Identifying Alternative courses of Action: On the basis of the objectives of the organisation and limitations of planning, alternative courses of doing a particular work can be discovered.

iv. Evaluating Alternative Courses: At this stage, it is seen as to what extent a particular alternative course can help in the attainment of objectives of the organisation.

v. Selecting of Alternative: After careful analysis, the best alternative is selected.

vi. Implementing the Plan: The next step is to implement the chief and the subsidiary plans.

vii. Follow up Action: In the end, there is a constant review of plans so as to ensure success in the uncertain future.

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