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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 Term

Entrepreneurial Planning

Entrepreneurial planning, E-planning, is based on the notion that "the people involved in the planning process know what their strengths and weaknesses are and where they stand in the marketplace."

Hence only 10% to 20% of an E-plan document assesses the current situation and describes the business vision. "The other 80% to 90% of the plan is devoted to action steps ..."

According to FitzGeraid "E-planning emphasizes immediate movement into the future. It's a quick-start method that focuses on action."


Featured Planning Tip

Know your strengths and weaknesses

Whether the situation is organizational or personal planning, conduct an analysis of capabilities and focus on strengths and weaknesses. Understand and identify strengths that help perform a task and reach objectives. When you consider weaknesses, evaluate ways to overcome or minimize them.

A strength is a resource, skill or other characteristic one is superior at relative to many competitors that helps meet the needs of the markets a firm serves or expects to serve. Strengths are internal characteristics of an organization that make it especially adapted to carrying out its tasks, or characteristics of the organization that competitors do not have, which may create a competitive advantage.

A weakness is a limitation or deficiency in resources, skills, or capabilities that seriously impedes a firmís effective performance. Weaknesses are internal characteristics of an organization that inhibit its ability to carry out tasks, or characteristics that the organization does not have that competitors do, which may create a competitive disadvantage.







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Copyright © 2004-12 by D. J. Power (see his home page). PlanningSkills.COMsm is maintained by Alexander P. and Daniel J. Power. Please contact them at djpower1950@gmail.com with questions. See disclaimer and privacy statement. This page was last modified on Monday, July 30, 2012.
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