A great plan means better execution - the pieces fit.
Planning is a process for accomplishing purpose. It is a blueprint for growth and a road map of development. It helps in deciding objectives both in quantitative and qualitative terms.
A plan should be a realistic yet ambitious view of expectations. Depending upon the activities, a plan can be long range, intermediate range or short range. It is the framework within which a project or center must operate. For management seeking external funding and support, the plan is the most important document and key to growth.
Preparation of a comprehensive plan will not guarantee success, but lack of a sound plan will almost certainly ensure failure.
Just as no two organizations are alike, neither are their plans. It is therefore important to prepare a plan keeping in view the necessities of the enterprise. A plan is an important aspect of achieving objectives and moving towards sustainability.
A plan serves three critical functions:
A plan can play a vital role in helping to avoid mistakes or recognize hidden opportunities.
A plan should be a realistic yet ambitious view of expectations. Depending upon the activities, a plan can be long range, intermediate range or short range. It is the framework within which a project or center must operate. For management seeking external funding and support, the plan is the most important document and key to growth.
Preparation of a comprehensive plan will not guarantee success, but lack of a sound plan will almost certainly ensure failure.
Just as no two organizations are alike, neither are their plans. It is therefore important to prepare a plan keeping in view the necessities of the enterprise. A plan is an important aspect of achieving objectives and moving towards sustainability.
A plan serves three critical functions:
- Helps management to clarify, focus, and research their project's development and prospects.
- Provides a considered and logical framework within which a project or center can develop and pursue strategies over the next three to five years.
- Offers a benchmark against which actual performance can be measured and reviewed.
A plan can play a vital role in helping to avoid mistakes or recognize hidden opportunities.