The state of business planning processes

Planning is a key part of the organization. In the current conditions of market relations, each organization (company) needs to quickly turn on and adapt to modern business conditions, as well as use its full potential. This factor largely depends on effective planning. Companies must plan their activities in order to achieve successful progress in their activities, as well as be able to predict their actions. Many economists assume that successful planning solves many management problems, while at the same time helping managers to think objectively and keep up with the times. Planning is also done in order to be prepared for possible changes in the market situation. This article discusses modern methods of planning in the organization. The positive and negative aspects of modern planning methods are presented. The model of the principles of planning in the organization and the classification of the business plan were also considered.