How Fundamental Is A Plan For Success?

[master007]

None, even the best plan has not remained unchanged after a collision with reality.

[JeanMilburn]

Strategy is vital – everything else that happens in the business is, or at least should be, subordinate to the strategy.

[Nags]

None, even the best plan has not remained unchanged after a collision with reality.

[Lilykevin86]

The science and craft of order as applied to the general arranging and lead of fighting" – may appear to be far from maintaining a business.

[alishbasaki]

7 Fundamentals of Success and Happiness Only You Can Deny Yourself
Mindfulness. Mindfulness is your capacity to effectively see your own feelings as they are happening.
Self-endorsement.
Self-esteem.
Independent.
Dignity.
Self-acknowledgment.
Confidence.

[lishmaliny]

All planning processes consist of eight steps: analyzing opportunities, establishing objectives, determining planning premises, identifying alternatives, evaluating available alternatives, selecting the most appropriate alternative, implementing the plan and reviewing the plan.

[lishmaliny]

The strategy is vital – everything else that happens in the business is, or at least should be, subordinate to the strategy. In its fullest and most complete form, the strategy encompasses everything the business does today and will do in the future – at least during the lifetime of the strategic plan.

[toni]

For a plan it surely would be relevant to have an idea what financial numbers you want / can achieve. while doing a profit analysis of your running business, are you comparing your margin numbers to averages of your industry? So that you could get ideas where to improve and set specific targets.

I had always found it helpful in seeing average financial performances by relevant industries as benchmark. This may be helpful: (https://kpiforesight.com) as it shows dashboards with various financial margins for different industries.