Bosses are changing from 'bossy' behavior to leading, guiding and coaching employees. Managers in the future are much more likely to be working in teams. This approach to management will demand that a manager be a skilled communicator and team player as well as a planner, coordinator, organizer, and supervisor. Relate the planning process to the accomplishment of corporate goals. A. Planning is the management function that involves anticipating future trends and determining the best strategies and tactics to achieve organizational objectives.
Planning is a continuous process.
The long-range goal is to be flexible and responsive to the market. Strategic planning is usually done by top management. Tactical planning is normally done by managers or teams of managers at lower levels of the organization. It is wise to have alternative plans of action ready in anticipation of environmental changes. The leaders of market-based companies stay flexible, listen for opportunities, and seize opportunities when they come.