Planning Is Everything

Baker, John
February 2009
Leadership Excellence Essentials;Feb2009, Vol. 26 Issue 2, p15
The article focuses on the importance of business planning. It suggests that a plan must be set in a straightforward manner that describe the status of the business and its competitive position. Only three to five financial matrices are recommended to be used in explaining one's business performance. A section in the business plan must present a statement of aspiration and a reasonable prediction. Other elements of the plan are the one who is accountable and the measurements to be taken to achieve the group's goal.


Related Articles

  • Make that leap. Lovett, Tom // Design Week;May2009 Top 100, p59 

    The article offers tips on how to start a business successfully with emphasis on choosing partners wisely and treating clients honestly. It notes the importance of planning the business strategy to be applied with considerations to knowing where to go and the reason of doing such as well as...

  • Letters. Barnett, Lawrence; Hottey, Richard; Tamarro, Robert; Stack, Norman // Design Week;3/4/2010, Vol. 25 Issue 9, p11 

    Several letters to the editor are presented in response to articles in previous issues including "Local Flavour," by David Benady in the February 18, 2010 issue, an article on business strategies by Phil Jones in the February 18, 2010 issue, and an article on sustainable process by Take Stock...

  • PLANET FIRST. Langenwalter, Gary A. // Industrial Management;Jul2009, Vol. 51 Issue 4, p10 

    Strategic planning is normally hierarchical, starting at the top and breaking each major strategy into sub-strategies, tactics and detailed departmental objectives. The strength of a strategic plan depends on the validity of its ultimate goals or objectives and the strategic planning process...

  • It's not the cash you burn, it's how you prepare to burn it. Gurau, Michael // New Hampshire Business Review;11/21/2008, Vol. 30 Issue 25, p27 

    The article offers business planning tips. In this paper, the term used to describe cash remaining is months of cash burn, which is the amount of cash a business spends. It is claimed that burning cash is not the problem, but the real problem is one of realism in planning, which is born of...

  • The Value of Mentoring. Ives, Gail // San Diego Business Journal;11/25/2013, Vol. 34 Issue 47, pB50 

    The article offers the author's insights regarding the relevance of mentoring programs for business enterprises. The author says that mentoring process is an important factor for improvements of business strategies. According to the study conducted by researchers Cotton and Ragins, mentees are...

  • Customer-Focused Business Architecture and Strategic Management. Alamil, Luis R. // Contemporary PNG Studies;May2010, Vol. 12, p49 

    This paper argues that organizations need to become outcome-oriented systems focusing on customers' needs and expectations. The first part of the paper deals with the literature on strategic management, systems thinking approach, and customer-focused strategies. The second part includes the...

  • Cognizant advisers maintain firm focus, integrity. Powers, Marsha // Crain's Cleveland Business;9/8/2008, Vol. 29 Issue 36, p25 

    The article presents offers tips on how to chalk out business strategies and how a team of advisers can be of great help. Ongoing business plan is an important tool to see the milestones a business entity hits and misses. It is advised to keep business plans simple and concise. The article also...

  • Business Planning: the Flowing Stream Strategy Way. Sushil // Global Journal of Flexible Systems Management;Oct2013, Vol. 13 Issue 4, p177 

    The author discusses the flowing stream strategy used in business planning. He states that the strategy deals with two planes, the organizational reality in terms of continuity and change forces, and the strategic factors as enterprise factors and customer factors. He notes the two basic...

  • Chapter 7: Strategies for growth.  // Business Strategy;2003, p111 

    Chapter 7 of the book "Business Strategy: A Guide to Effective Decision-Making" is presented. It explores the impact of strategic approaches on businesses. It highlights five different routes to strategic growth, which include organic growth that focuses on the resources of business, mergers and...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics