Many of the managers and companies tend to do business and operations but ignore the most important factor of planning.
Managers and companies should provide a motivating environment for business planning. The managers must often discuss their business plans and see how they are doing. The planning would serve as guidelines for the managers.
Some of the companies concentrate on making a plan and put it in a nice format and put it away and never look back to their plans. The plan should be shared and understood by all the stakeholders and employees. The plans should be visible and discussed time to time and it should be followed.
The planning should be taken very seriously by the companies and make it as guidelines and principles for the companies, so everyone follows it.
- Holmberg
The companies that planning well and follow their plans will always succeed
Most of the larger corporations tend to have large planning departments to develop and manage all planning activities. The companies should plan to introduce companies plans all levels. Before making the plans, the planning department must take company employees views and opinions. This way everyone can participate.
If you have comments and views, you are welcome to share and we will publish them in the next blogs.