It has been a very busy, demanding exciting & interesting few weeks since my last blog, like most of us I want to be make sure the phrases "I was meaning to, or I'll do it when I get time etc" do not get in the way of achieving aspirations (and writing this blog). We lead demanding lives, one casusalty of this is that planning takes more of a back seat, planning is a process and discipline that plays a vital role in our business and working lives, but it is an area that is sadly neglected or scant attention paid to. We would not normally go on holiday without at least some rudimentary planning, for example where to stay, required curerncy, visas and places to visit.
There are three plans (forecasts) that individuals and organisations shoud ideally have, namely (1) cash flow – survival is impossible without access to cash; (2) business plan – a planning tool to help you document your vision and how you will achieve it; (3) strategic plan – addressing (i) where we are we now; (ii) where we want to be; and (iii) how we get there
There are many reasons why businesses and organisations fail to survive, one of the more common reasons is poor management, which means includes weak financial, business and planning skills.
We have published a range of business and strategic planning information and tools which will support individuals and organisations, these are freely available on our website.