Planning is the process of setting objectives and determining a course of action for achieving those objectives. It involves analyzing current situations, forecasting future conditions, and making decisions about the allocation of resources. Effective planning helps organizations and individuals to navigate complexities and uncertainties in their environments. In a business context, strategic planning is crucial for long-term success, as it aligns resources with the mission and vision of the organization. Meanwhile, operational planning focuses on the day-to-day execution of strategies, ensuring that tasks are completed efficiently and effectively to meet overall goals.