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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

Differentiation Strategy

Differentiation is one of Prof. Michael Porter's generic strategic thrusts that emphasizes providing customized and specialized products and services for all segments in an entire market. Examples of companies pursuing a differentiation strategy include: Dr. Pepper with a different taste; Federal Express with superior service; Caterpillar with high spare parts availability; Wal-Mart with value and more for your money; Rolex as a prestige brand; and 3M Corporation with its emphasis on technology leadership and innovation.
Actions to obtain a significant value difference that customers will appreciate and be willing to pay for and which may increase their product/service loyalty.


Featured Planning Tip

Exploit favorable circumstances

The facts about the important elements of a situation constrain and enable actions. These facts define the planning situation and the circumstances associated with implementing the plan. Favorable circumstances refers to situational factors that can contribute to attaining a specific goal.

"While heeding the profit of my counsel, avail yourself also of any helpful circumstances over and beyond the ordinary rules. According as circumstances are favorable, one should modify one's plans." - Sun Tzu

"Make your plans to fit the circumstances." - General George S. Patton, Jr



Sun Tzu, The Art of War, Chapter 1
http://www.military-quotes.com/




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Copyright © 2004-15 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 December 8, 2015.
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