Welcome to PlanningSkills.COM
This website focuses on a wide variety of topics related to organization and individual planning situations. The primary focus is business planning.
Planning is an anticipatory decision making process that involves situation analysis, forecasting outcomes and events, evaluating alternative courses of action, anticipating consequences and considering implementation issues and contingencies. Planning often begins with asking one or more questions, for example: What if ...? Could we ...? Do we ...? Is it possible...? How should we respond ...? How can we ...? Is it feasible to ...?
In general, planning is a proactive process that is intended to help individuals, groups and organizations achieve performance objectives.
Featured Glossary TermSmall Business Plan
A small business plan "defines your business, identifies your goals, and serves as your firm's resume. The basic components include a current and pro forma balance sheet, an income statement, and a cash flow analysis. It helps you allocate resources properly, handle unforeseen complications, and make good business decisions. Because it provides specific and organized information about your company and how you will repay borrowed money, a good business plan is a crucial part of any loan application. Additionally, it informs sales personnel, suppliers, and others about your operations and goals."
Featured Planning TipHope for the best, plan for the worst Hope is a belief that an outcome will occur. Hope and belief foster confidence. Supposedly John Jay (1813) wrote "To hope for the best and prepare for the worst, is a trite but a good maxim." This tip is an English proverb from prior to the 18th Century. The phrase means you should have a good plan that has contingency plans for the bad things that might happen, but you should often expect the best case to happen and believe that your overall plan will be successful.
Hope, desire and positive belief related to a plan builds confidence. Confidence can increase chances for success with a good plan.