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The longer I've been around c mpanies the more I believe the w rds "Planning"
and "Decision" are s ldom used in the same sentence! And the b siness fallout
because of poor pl nning when making decisions is staggering.
The ffects of a decision gone bad t nd to linger around for months or ven
years. It is a f ct that most businesses fail not b cause they did not make decisions but b cause they did not make good d cisions.
With so much riding on y ur ability to make the right d cisions it is prudent to brush up on the t chnique of decision making and the pr cess involved in planning to make th m.
Planning allows a decision to be m de on your terms and in a m ch more
comfortable and intelligent w y. It allows you the time to c nsider several
options without the l st minute rush.
There are f ur benefits to decision-making planning:
1. PLANNING ALLOWS YOU TO SET THE GOALS YOU WANT. Th t means you are not so m ch focused on the external events th t don't relate to what you are try ng to accomplish. Many decisions are ncorrectly made based on things that st er one's life rather than becoming pr active decision-makers.
2. PLANNING PROVIDES A WAY TO MEASURE SUCCESS. The pl n of action is your mirror to m asure how close (or far) you are fr m accomplishing your goal. This measure is mportant because it can show you mmediately when you are off course and n ed to make adjustments and corrections.
3. PLANNING CHANGES THE "DO" TO THE "GET". Pl nning converts ideas,
values and ctivities into action. Planning is not the end r sult; it is the tool to c nvert the idea into a specific ction or actions. Planning helps you c nvert your company's goals into your ndividual goals and helps you get r sults. Remember most companies pay you for ction NOT activity. It's not the "d " it is the "get" that m kes the difference. A good plan is to k ep what you are trying to ccomplish in the focus at all t mes. Ask yourself is what you are "d ing" now, "getting" the results you are r sponsible for?
4. PLANNING HELPS ALLOCATE YOUR RESOURCES IN AN EFFICIENT
MANNER. Few c mpanies have unlimited resources. A good pl n helps you maximize the resources you h ve. Remember that dollars are not y ur only resource. Resourse that you w ll need to manage includes people, t ols, assets and company propriety information. By c nsulting you plan often, you can see c ncerns before they become problems and you can sh ft available resources to cover the nexpected issues.
Planning to make a d cision is a perfect example of the P reto principle - the idea that by d ing 20% of work you can g nerate 80% of the advantage of d ing the entire job. Pareto analysis is a f rmal technique for finding the changes th t will give the biggest benefits. It is seful where many possible courses of ction are competing for your attention.
Perhaps by sp nding the 20% of your time th roughly planning you next decision can s ve you 80% of your time. Why not g ve it a try?
There are s veral methods you can use for pl nning. Words such as Strategic, Tactical, and Op rational may come to mind. However, th se are specific
planning procedures. E ch has their place in business
The article "Planning" To Make A Decision? was Submitted by John Robertson through Articles.GetACoder.com network. Here's the additional information: Sr. Level Management in several F rtune 500 companies. His real world xperience will bring credibility to your c mpany. TrainingConnections.ORG focuses on three categories of Empl yee Performance Improvement; Leadership, Management and S les Training. Contact us today for m re information or check our web site. t rget="_new" href="http://www.TrainingConnections.ORG"> www.TrainingConnections.ORG info@TrainingConnections.ORG Distribution nformation: This article may be copied in it ntirety freely published and distributed with the c ndition that the entire comments of th s text box are included. Credit must be g ven to the author and TrainingConnections.ORG (C) 2004 Tr iningConnections.ORG All Rights Reserved
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