1. DEFINITION
Planning is a feature of everyday living – weather at home or in business. Without it our lives would be totally chaotic and random.
Plans vary from imprecise vague statements to thick volumes prepared over a long period.
Some are useful; other a waste of time. Very few remain unaltered
People are frequently asked to prepare plan with no guidance at all, and the result often falls short of expectations.
2. WHAT IS A PLAN?
Ø A PLAN:
· Has objectives which can be measured
· Answers questions that stakeholders should be asking
· Builds in options and contingencies
· Identifies and quantifies risks
· Sets out how to minimise those risks or the adverse consequences that might arise from them
· Allows progress to be measured
Ø Planning involves:
· Management and executive time and input
· Commitment
· Cost
· Research
· Assumptions
Therefore, it is important to get it right (or less wrong than the opposition)!
3. WHY PLAN?
For some people planning is second nature: for others it is quite the reverse.
The dangers of poor planning will be more obvious in some environments than others.
The greatest military victories were almost always won where they had been planned thoroughly and all eventualities considered.
Ø Planning gives:
· Certainty
· Measures
· Confidence
· A route map
· Evidence to others of forethought
Source of information’s:
BUSINESS PLANNING – Pocketbook
By: Neil Russell - Jones
Planning is a feature of everyday living – weather at home or in business. Without it our lives would be totally chaotic and random.
Plans vary from imprecise vague statements to thick volumes prepared over a long period.
Some are useful; other a waste of time. Very few remain unaltered
People are frequently asked to prepare plan with no guidance at all, and the result often falls short of expectations.
2. WHAT IS A PLAN?
Ø A PLAN:
· Has objectives which can be measured
· Answers questions that stakeholders should be asking
· Builds in options and contingencies
· Identifies and quantifies risks
· Sets out how to minimise those risks or the adverse consequences that might arise from them
· Allows progress to be measured
Ø Planning involves:
· Management and executive time and input
· Commitment
· Cost
· Research
· Assumptions
Therefore, it is important to get it right (or less wrong than the opposition)!
3. WHY PLAN?
For some people planning is second nature: for others it is quite the reverse.
The dangers of poor planning will be more obvious in some environments than others.
The greatest military victories were almost always won where they had been planned thoroughly and all eventualities considered.
Ø Planning gives:
· Certainty
· Measures
· Confidence
· A route map
· Evidence to others of forethought
Source of information’s:
BUSINESS PLANNING – Pocketbook
By: Neil Russell - Jones
1 comment:
Your blog is looking good, Majdi. Interesting to hear about your flying experiences!
I think the subtitles option is a really good idea for you.
One thing: make sure that what you write on your blog is your own words, rather than copy/pasting (is the Business planning?), as this will help improve your writing most.
Post a Comment