Why is development planning important

Nepal is considered a least developed country but if development efforts are accelerated and political environmental commitment is for the coming, Nepal may be upgraded to a developing country. The main goal is to decrease the proportion of the population living below the poverty line by triggering broad-based, employment-oriented, inclusive and equitable economic growth that would help alleviate poverty and establish a sustainable peace. Its objective is to bring about a direct positive change in the living standards by reducing the economic and human poverty prevalent in the nation.

Plan formulation is a process of making new plan with reference to the previous evaluation of plans including evaluation and monitoring of existing plan. A good plan formulation requires following steps:. Development Planning Subject: Economics. Find Your Query. Syllabus Lessons. Note Things to remember. Development Planning Source: www.

Things to remember Planning is the systematic, conscious and deliberate choice of economic priorities by some public authorities. The systematic planning was started in Nepal in BS. Breadcrumb Home National development planning. National development planning. Print Email The purpose of development planning is to promote sustainable and stable development of the country and to improve the people's quality of life.

Highest national-level development planning documents Sustainable Development Strategy of Latvia until Latvia is hierarchically the highest national-level, long-term planning document. I did spend some time, but in retrospect I wasn't as consistent and thorough as I should have been.

And I'm sure it would have been helpful over the years if my own managers had spent more time with me. These long-held but general impressions were confirmed recently when I happened across a Harvard Business Review study from last July.

The article, " Why Top Young Managers Are in a Nonstop Job Hunt " by Monika Hamori, Jie Cao and Burak Koyuncu, described a study based on analysis of international databases of over 1, young high achievers, and concluded that many of the best and the brightest are not receiving the career development support they desire.

The article stated:. We asked young managers what their employers do to help them grow in their jobs and what they'd like their employers to do, and found some large gaps. Workers reported that companies generally satisfy their needs for on-the-job development and that they value these opportunities, which include high-visibility positions and significant increases in responsibility. But they're not getting much in the way of formal development, such as training, mentoring and coaching - things they also value highly.

Why is employee development a chronic problem, and why should it not be? Based on several decades of my own management experience, following are three reasons why development planning is often ignored So many businesses are in a constant frenetic state of upheaval, reorganizations and trying to do more with less.

In this environment, managers naturally tend to be most focused on essential day-to-day operations and less interested in longer-term activities perceived as having less certain payback. When I was in corporate management, we spent a fair amount of time trying to fit employees into nearly incomprehensible matrices with too many descriptive boxes "Intergalactic Star," Diamond Amid Coal," "Wolverine Tendencies," "Wicked Lot of Problems" and so on - my own fanciful categories.

Objectives are usually put in place on areas you would like to improve and a plan is created with actions on how you are going to achieve them. There are personal development courses UK that can help you to create a plan, the short courses London will help you to learn the intricate details of creating the plan.

There are many benefits of a personal development plan such as it will help you to plan a career change or help you to build on your current skills. You might be able to learn something new and achieve new heights in your career. This plan will help you to have a well thought out goal to aim for and work towards. This may well be able to keep you motivated on your career progression.