By Iroha, Nmadiya
Planning is an age long concept. The Spanish Jesuit, Baltsar Cracian was credited with the following statements made over 355 years ago. "Think in anticipation today for tomorrow and indeed for many days ... thoughts and forethought give counsel both in living and in achieving success'' J. Ayo Akingbade buttressed this further when he said that "the future of the present is in the past, and the future of the future is in the present. ", Planning is very important to any organization. It is through planning process
that management formulates courses of actions that reduce uncertainty about the future. The modern business environment is complex and in a state of change.