Management Planning

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Description

Management Planning

Management Planning

answer


 

Planning is the central to other functions of management. In any organization, management plays four very important roles including planning, organizing, directing, and controlling. However, all these functions start with planning as it forms the base for implementation of the others. Management planning therefore influences the direction an organization will take. While planning may appear simple in paper, it is a complex and very involving process since it charts the way forward for the organization and hence it must be carried out in the most appropriate manner (Murray and Jones, 2005).

Management Planning

There are different issues and factors which influence the planning function in organizations and management must come up with the most appropriate way to overcome them. The success of any organization lie in the way management overcomes different hurdles in planning. This paper will look into management planning in WorldCom and how factors influencing planning function led to bankruptcy of the organization.