Posted by Greg Bustin (February 1, 2008)
Each year, hundreds of companies fail to achieve their objectives – or worse – because they fail to take the necessary steps to articulate their organization’s priorities and then gain buy-in among those in their organization responsible for driving implementation.
It’s estimated that 80% of executive teams do not take the time to develop a plan. Some of these teams mistake budgeting for planning. Budgeting is a form of planning, but it’s not the same thing. I’ve been told by those that don’t operate from a business plan that planning is a waste of time. Things in the plan will change. Other things won’t get done. Why bother? (Continue Reading…)
