The systems approach views an organization as a system with interdependent parts that function as a whole. A system has inputs, a transformation process, outputs, feedback, and an environment. Planning is an important management function that involves setting objectives and determining courses of action to achieve goals. There are different types of plans including strategic plans for long-term objectives, operational plans for short-term goals, and policies, procedures, programs, and budgets to guide actions. Planning helps reduce risks, promotes coordination, and establishes standards for control.