Why do business planning

In the business world it is common to find ourselves with the urge to perform our tasks as soon as possible, so many people believe that planning is a waste of time.

However, the truth is just the opposite, by doing a planning you are valuing your time, which will not be spent performing tasks disorderly without knowing where you want to get.

There is a Chinese proverb that says: “If you want to cut down a tree in half the time, spend twice as much time grinding the axe. Next, understand how best to prepare by planning to ensure that your tasks are carried out in the best possible way.

What is planning business?

Planning is the definition of the steps that need to be taken to get from the current moment to a goal.

To do this, it is necessary to know exactly where you are and establish a plan of action with the necessary adjustments to get you where you want to be.

Why do planning business?

For an efficient administration, planning is essential, because based on it it is possible to outline goals and objectives that will serve as a basis for making decisions that can make a difference for the company’s success.

How to make a planning business?

To carry out planning it is necessary to define a starting point and conduct a market analysis, considering the position of your company and your competitors.

From there you must define a mission to achieve your purpose and the steps you must take. It is important to set deadlines for achieving your goals as well as a deadline for analyzing the results. 

Strategic planning

Strategic planning must be carried out by the leaders by formalizing the goals and objectives for the company’s growth.

To make strategic planning it is necessary to consider the external and internal conditions of the company, define the expected growth, as well as the effectiveness and survival.

Tactical planning

Communication is the key word in tactical planning, which works as an intermediary between strategic and operational planning.

In tactical planning the decisions of the superiors must be passed on in order to direct the planning towards action.

Operational planning

This is the point where things happen, that is, it actually reaches the productive sector where the operational workforce is.

Everything that was planned at the strategic and tactical levels is put into practice, thus making all sectors responsible for the company’s success.

Conclusion

Planning is useless if there is no action, so be careful to put your planning into practice and always have it in sight to make sure that your plans are being followed.

Put in the calendar the dates that each goal should be reached, as well as an end date to evaluate the results and consider re-planning.