In management, each of the four functions, planning, organizing, leading, and controlling, are crucial to the development of any business. "Planning" means setting performance expectations and goals for groups and individuals to channel their efforts toward achieving organizational objectives; it also includes the measures that will be used to determine whether expectations and goals are being met. Involving employees in the planning process helps them understand the goals of the organization, what needs to be done, why it needs to be done, and how well it should be done. Sometimes, it is very helpful to take others as example to either follow their footsteps or to avoid making the same mistakes they once made. WorldCom for instance, was at one point one of the strongest telecommunications company in the US and around the world. US. Office of Personnel Management. Retrieved on 06/01/2007 http://www.opm.gov/perform/plan.asp WorldCom through the execution of an aggressive acquisition strategy, evolved into the second-largest long distance telephone company in the country and one of t......

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