Business planning is an essential component of successful business management. Entrepreneurs must strategically plan for unforeseen events as well as new competitors that enter the marketplace. It is ...

One of the major obstacles to organizational planning is the idea that it is complex, complicated and confusing. It doesn’t need to be any of those things. In fact, as with most endeavors, the simpler ...

So much about strategy and planning can seem overly complex and daunting. It needn’t be. In fact, by focusing on these five key objectives, the planning process can be simple, straightforward, and ...

A strategic plan with key long-term objectives serves as a framework for making decisions and provides a basis for planning. Putting together a strategic plan can provide the insight needed to keep a ...

Spontaneity is fun. But in the profit-driven world of big business, thorough planning just makes more sense. The Small Business Administration says 70% of start-ups are likely to fail within their ...

There’s a lot you can say about strategic planning. That the resulting plan requires multiple adjustments while moving forward. That it sidelines creativity. That it fails to anticipate obstacles.