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Without a solid objective created by virtue of plans a business will not be able to scrutinize where it went wrong and thus will not be able to take corrective action to ensure success. Similarly without planning within departments coordination will not be possible.
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A business cannot grow or develop if management of its resources are not well arranged or not following a proper planning function. Soon the whole business will come down and vanished.
What is a planning function?
Planning is the most important function because other management functions depend on having a good plan. If a business is running with a good plan, then only it will develop accordingly.
The plan should also include a specific "to-do" list that keeps everyone informed of the necessary actions and resources, as well as listing who is responsible for the all the tasks.
Learn more about planning function here,
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