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What’s in an Effective Planning Process?

We make one of two kinds of mistakes: We plan too much and do too little. We plan too little and do the wrong things.

—H. James Harrington

The master planning for an organization doesn’t really have a definite starting and ending point, particularly in today’s ever-changing business environment. As pointed out earlier, the winners really try to gain a significant advantage through the use of an effective planning approach. Some of these plans are very long, elaborate affairs, and some are quicker-hitting events. By focusing on being a leader in their industry, they are creating the changes as opposed to always reacting to change. In this regard, defining an appropriate planning process is critical. ...

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