Feedback Form
Home Features Mastermind Forums About Advertise Blog Network Contact Be An Author

Planning Today - Surviving Tomorrow

Planning Today - Surviving Tomorrow
Free Download - Seven Ways to Improve Cash Flow In Your Business By Dan Lacy
Name: Email:

 

In the first and second chapters of the book of Numbers in the Old Testament, we find a detailed description of the Israelite campsite during their wilderness trek.  To the casual reader an outline of the particulars of encampment might seem to be irrelevant minutiae.  What is actually presented, however, is a brilliant model for effectively managing the activities of a large organization.  Moses and Aaron were responsible for governing almost a million people.  By adhering to a carefully structured plan for day-to-day concerns they were able to prepare for long term problems and issues more efficiently.

            Of course, what was true for the ancient Israelites is also true today.  Planning is the key for any manager who wishes to build a company that has a solid foundation for future growth and development.  Yet, less than 15% of managers surveyed feel that they are doing an adequate job of planning for the future.  In fact, managers rarely fall short of their real potential for lack of technical competence.  Of all the organizations and businesses I have consulted, the one principle cause for failure is the inability or unwillingness of the executive staff to logically and consistently plan for the allocation of limited resources - labor, money and time - toward all the viable opportunities that exist. 

            While strategic planning is an integral part of maintaining the growth cycle of a large corporation it is even more critical to smaller organizations because they, typically, lack the resources necessary to absorb the cost of mistakes, errors in judgement, or failure to foresee change.  The planning process allows management to evaluate the future  where they want to be and how to get there.  It helps them establish goals and then gives them a performance standard by which to measure themselves.  Better yet, planning allows them a process to identify and resolve problems before they become crises.

            Before gathering your staff together - either formally or informally - to begin the planning process for the future growth and development of your company, it's important to understand exactly what this vital activity will accomplish:

            1. Planning formulates the future.  The planning process allows the people in your organization to anticipate and, therefore, shape the future.

            2. Planning motivates people.  Everyone wants to have a part in determining their future.  The greater the feeling of ownership each individual has in determining the objectives of the organization, the more committed they will be to making sure those objectives will be achieved.

            3. Planning establishes the organizational structure of a company.  The planning process will clarify what structural issues need to be resolved in a company.  This will determine what organizational model needs to be implemented to address these issues.

            4. Planning directs delegation.  The key to effective delegation is understanding the assets and liabilities a company has in terms of its human resources.  By determining who is best suited to handle a particular role, the entire organization should be able to live up to its maximum potential.

            5. Planning promotes communications.  The planning process affects each division of a company, including the finance, marketing, sales and operations divisions.  Thus, for each area of a company to achieve their respective goals, they must cooperate and communicate with divisions that they normally don't communicate with.

            6. Planning fosters the process of monitoring.  The planning process establishes standards or goals that an organization must achieve to accomplish their overall objectives.  Without a monitoring system, management will not be able to assess how well these goals are being achieved.

            Planning is essential for the survival of the company.  If the organization does not have the time or manpower to do adequate planning, then the company should utilize outside resources to help them set, monitor and achieve their goals.  Time spent on planning is time well spent and money spent on planning is money well spent when the plan is utilized. 





Planning Today Surviving Tomorrow - To learn more about this author, visit Dan Lacy's Website.

Like this article? Share it with your friends

Article Feedback
 Article Feedback No article feedback found.
  Leave Your Feedback
article feedback

Article Feedback

To learn more about the Evan Elite Author Program please contact us.

About The Author


Dan Lacy
(Visit Dan's Website) President and Founder, Dynasty Business Building. For the last 25 years he has worked with over 2,000 different businesses in 50 different industries on effective methods to consistently control performance and improve growth, profit, cash flow and value. Dan�s clients are the recipients of numerous prestigious awards: Entrepreneur Business of the Year, SBA Business of the Year, Impact 100, PACE, Growth 100 and INC. 500 Fastest Growing Companies. Past Experience Executive Vice President � Gaither Management Group, Alexandria, Indiana. Responsible for business strategic planning, business acquisition and growth for 12 diverse operating companies with revenue over $40M which were owned by the nationally recognized multi-platinum Christian singers, songwriters and authors Bill and Gloria Gaither. Vice President � Washington Trust Equity Corporation. A bank owned venture capital fund founded to make equity investments in growing business in Washington State. Vice President � Washington Capital Corporation an asset based lender. Commercial business loan officer at United California Bank, Los Angeles California. Education Masters Degree in Finance from the Peter Drucker Graduate School of Management, Claremont Graduate School, Claremont, California. Received a BA degree from Azusa Pacific University, Azusa, California.

Dan Lacy is a Gold author on EvanCarmichael.com
About The Author

View Author Blog
View Author Blog

View Author Video
View Author Video

Free Downloads


Dan Lacy's

Complete
List Of
Business-Coach
Articles

Name
Email
If you enjoyed this article, get Dan Lacy's Complete List of Business-Coach Articles For FREE!

More Dan Lacy
The Millionaire Next Door Summary
Danger Signals of a Business in Trouble
Demographic Profile of an Average American Millionaire
If Youre Serious About Improving Your Cash Flow
Psychographic Profile of an Average American Millionaire
Where to Find Growth Money For Your Business
Seven Ways to Improve Cash Flow In Your Business
Planning Today Surviving Tomorrow
Is Your Bank Ready to Call Your Loan
Free Downloads


 
 
 


Evan Elite Authors
Staging Diva  
David Barr  
Casey Gollan  
Evan Elite Authors

Become An Author
Have you written articles that would be of value to entrepreneurs? Become an expert on our site by publishing them! Expose yourself to a wide audience, drive more traffic to your website and get more sales! Click Here for details.
Become An Author

Evan's Latest Video
Modeling the Masters: Learn the true secrets behind Walt Disney's business success factors & grow your company! Video produced by Phanta Media
Evan's Latest Video

Business Opportunities
"Learn straight from Evan how you can Make a Full Time Income (And More) from a Website"

How to Start An Online Business

Click Here To Learn More
Business Opportunities



Evan's Newsletter
Get advice & tips from famous business owners, new articles by entrepreneur experts, my latest website updates, & special sneak peaks at what's to come!
Name:
Email:
Evan`s Newsletter

Free Downloads
Inspiration Business Plan Icon Inspiration Business Plan
Online Marketing Tools Icon Online Marketing Tools
Emotional Intelligence Icon Emotional Intelligence
Internet Marketing Secrets Icon Internet Marketing Secrets
Competetive Advantage Article Icon Competetive Advantage Article
Free Downloads - Complete List

Entrepreneur Tools and Guides
Top 50 Social Entrepreneur Blogs of 2009
Top Social Business Blogs
Top Social Entrepreneur Blogs
 
Top 50 Geek Business Blogs
Top 50 Geek Business Blogs
Top 50 Geek Business Blogs
 
Entrepreneur Tools and Guides

SEO For Africa
SEO For Africa
Grace Dudu Gudele, Sudan,
Grace Dudu
Gudele, Sudan
SEO For Africa

If I Were A Startup...
Travis Hartley, 426% Growth in 2 Years
Travis Hartley
426% Growth in 2 Years
Lisa Shepherd, $335k to $1.1 Mil in 2 years
Lisa Shepherd
$335k to $1.1 Mil in 2 years
If I Were A Startup... - Complete List

Famous Entrepreneurs
Estee Lauder, Estee Lauder
Estee Lauder
Estee Lauder
Dave Thomas, Wendys
Famous Entrepreneurs - Complete List

Entrepreneur Advice
David Allen, Getting Things Done
David Allen
Getting Things Done
T. Harv Eker, Millionaire Mind
T. Harv Eker
Millionaire Mind
Entrepreneur Advice - Complete List

Popular Articles
(Premium Authors)


Have A Suggestion?
Toronto Salsa Classes / Toronto Salsa Lessons Email us your ideas on how to make our website more valuable! Thank you Sharon from Toronto Salsa Lessons / Classes for your suggestions to make the newsletter look like the website and profile younger entrepreneurs like Jennifer Lopez and Sean Combs!
Have A Suggestion?

More Evan Carmichael
More Information