Steps in the Formal Planning Process

Panning is the conscious. systematic process of making decisions about goals and activities that an individual, group, work unit, or organizaton wit pursue in the fiture. Plarning is not an informal or hophazard response to a crisis, it is a purposeful effort that is directed and controbed by managers and ohen draws upon the knowledpe and experience of employees throughour the organization. Planning provides individuals and work units with a clear map to follow in their future activities; at the same time, this mip moy be hevible ehough to allow for individual circumstances and changing conditions.

The goal of this activity is to review the steps of a formal planning process.

Thix activity is important because it demonstrates the systematic process of making decisions about the company's goals and acthities.

Aut the steps of the formal planning process in sequential order.

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