During partition, Mr. Subhash came to Delhi from Lahore with a lot of wealth. Keeping in view his innate ability to visualise and create things, he decided to work as a junior assistant in a film studio. Over a period of time, as he gained experience and his work was well acclaimed, he decided to set up his own film studio. Initially he was himself looking into every aspect of the business, but as his work increased manifolds and his own productivity reduced with age, he hired Mr. Rajan as manager. Mr. Rajan being immature in his work started giving bookings for the studio haphazardly He would never decide anything in advance or do any kind of forecasting of events. This led to lot of confusions and conflicts. As a result, the goodwill earned by Mr. Rajan over the years began to decline In context of the above case
State the first three steps involved in this process

Explanation

The first three steps of planning process are
(i) Setting Objectives Every organisation operates to achieve certain objectives Objectives specify what the organisation wants to achieve Therefore the first step in planning is to define and describe clearly the objectives of the organisation and each department or unit within the organisation. Once decided, these objectives should be communicated to all the units and employees
(ii)Developing planning premises Planning is concerned with future which is uncertain and every planner is using conjecture about what might happen in future Therefore, the manager is required to make certain assumptions about future. These assumptions are known as premises. Premises are the base, upon which plans are drawn. They may be forecasts existing plans or past information
(iii)Identifying alternative courses of action Once the objectives and planning premises are established, it becomes necessary to discover the various courses of action, which may be used to achieve the established objectives These alternatives may be routine or innovative if the project is an important one more alternatives should be identified