Discuss how an organization benefits from operational planning, and how operational planning and budget planning are related. Explain how Solution The organizational planning refers to the identifying the immediate and long term objectives of the organization and formulation of the strategies for achieving it, once the strategies are made thereafter the resources are allocated and the responsibilities are assigned. Prime Focus: The organizational planning always helps in assimilating the focus on the main objectives of the organization and helps in achieving the goals of the organization. Control: It helps in controlling the activities of the organization, as the actual activities can always be compared with the planned activities and corrective actions can be taken if the deviations are observed. Time Management: It helps in the time management, as the time is allocated with the activities to be accomplished. Relation of Operational Planning and Budget Planning: The relation between the operational planning and budget planning is that for each and every decision of the operation certain cost is to be incurred; hence the budgets shall allocate the amount that is approved for the activities which shall be undertaken to achieve the operational goals. The system thinking improves operational decision making, as the system thinking helps in analyzing what all activities shall be undertaken, and the activities which does not adds value to the activities can always be excluded and hence only the relevant activities can be considered, Hence system thinking helps in improving the operational decision making. .