Discussion Forum- Chapter-7

Decision Making and the Planning Process

Decision Making and the Planning Process

by Mohammad Shah Alam Patwary -
Number of replies: 2

*Decision making – Is the cornerstone of planning.

Is the catalyst that drives the planning process.

Underlies every aspect of setting goals and formulating plans.

* Planning

 All organizations plan, but not in the same fashion.

All planning occurs within an environmental context.

All goals require plans to guide in their achievement.

 All goals are tied higher goals and plans.

In reply to Mohammad Shah Alam Patwary

Re: Decision Making and the Planning Process

by Zannatul Ferdous -
Planning and decision-making are the most important managerial functions, and there are many relations between them. Planning is thinking of doing. Decision-making is a part of planning. Planning is the process of selecting a future course of action, where Decision-making means selecting a course of action.