Explain the steps by steps approach to planning.

Planning is a fundamental management function that involves setting organizational goals, defining strategies to achieve those goals, and outlining the actions required to implement those strategies. A systematic step-by-step approach to planning helps ensure that the process is comprehensive and effective. Here are the key steps involved in the planning process:

1. Establish Objectives:
   • The first step in the planning process is to establish clear and specific objectives or goals. Objectives should be SMART: Specific, Measurable, Achievable, Relevant, and Time-bound. They provide a clear direction for the organization.
2. Identify Resources:
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