Over at Entrepreneur, Tim Berry says business plans are back. While planning may have fallen out of favor for some, Berry says his specialty (he's the business plans coach at Entrepreneur.com) is going to be the reason for many turnarounds this year.
This is the year for getting
key planning elements defined and understood, for regular plan review
and course correction, and for more focus on the planning process. All
of which means, in a nutshell, that more businesses will benefit from
better planning processes. Ultimately, that means more businesses, more
jobs and more success.
Berry goes on to list three key factors behind his prediction:
1) The natural backlash of the 'don't plan' fad: "The more you see experts harping about the straw-man business plan that wasn't that useful, the more we're going to see people turning to real business planning because they need it."
2) Back to planning fundamentals: "...good planning increases your ability to manage change by providing you clear visibility of how everything links together."
3) New age of accountability: "You can't assume that showing
up is enough anymore; things have to get done. And that means getting
done remotely, or virtually, or wherever and whenever."
Read the full article here.
Posted
01-13-2010 9:15 AM
by
Graham Griffith