Management and Marketing Principles

REFLECTION PAPER:
TITLE: PLANNING AND DECISION MAKING

INTRODUCTION:
Planning and decision making are among the most valuable foundations on which businesses and
organizations are built. For any organization to succeed in its undertaking, it needs to properly plan for all
aspects of its operations. The right decisions have to be made by its managers to see the business through
successful operations.

BODY:
Since the success of managers is reflected by the welfare of the organizations they manage, it is clear that
planning and decision making cannot be separated from the practice of management. This paper is a
thoughtful reflection of the usefulness of planning and decision-making skills, acquired in the reporting
and discussion today, February 13, 2021.

As an aspiring manager, the ideas I acquired about planning and decision making in organizations will be
very useful. This is because the topic was covered with clear explanations of the usefulness of planning
and decision making as it covered how one can plan well and make right and acceptable decisions.

Among the things that will be particularly useful in managing an organization is to plan, analyze and
apply the steps that may be used in decision-making process in a different situation, and learn goal-setting
using the S.M.A.R.T. goal process.

INSIGHTS:
To summarize, Planning is necessary for all aspects of the business to ensure success at all levels of the
business and a Good decision-making demands understanding of the constraints and gathering of all
information related to the situation, so that risk could be avoided and success could be ensured in the
future. Therefore, we can say that planning and decision-making, both are interrelated.