Little Book of Big Management Theories, The, 2nd Edition

INTRODUCTION

Many people find it hard to believe that good planning can significantly improve performance. Yet the same people are happy to subscribe to the belief that ‘poor planning produces p*** poor performance’. Clearly dissonance, on a fairly major scale, is in play here.

Don’t get me wrong, strategic planning won’t solve all your problems. Planning can never be entirely accurate because it involves prediction and no one can tell you what’s going to happen tomorrow, let alone next year. However, the act of planning requires you to think about the future and consider what might happen and how you will deal with different eventualities should they arise. That in itself is valuable. Planning also provides you with a road map of where you ...