Planning – There was a TV commercial years ago with a tag line that rang true to me. The line was, “No one plans to fail but many fail to plan.” The commercial was about putting money away for retirement but the line is true for so many small businesses and associations. 90% of the failures are not due to a bad plan; they fail because of poor execution. Eisenhower understood that it was not the plan but the planning. He often commented that a weak plan well-executed is always better than a perfect plan executed poorly.
Some thoughts on planning.
- It needs to be done.
- A plan keeps you flexible; it gives you something to adjust from.
- Planning needs to be continuous. You can’t put it on a shelf until next time.
- The process of planning is more important than the product it produces.
- There are many horizons for plans – five to 10 years; three to five years; a two year plan; a one year plan; a six month plan; a quarterly plan; a monthly plan; and a weekly plan. If you are planning day for day, you are not planning you are reacting!
Don’t wake up six years after creating your five-year plan and expect it to be current.
If you like planning and are good at it, why not share your thoughts here?
If you are not good at it or just can’t get your hands on that evasive Round-To-It, contact me. I can help.