Month: December 2015

A Plan for 2016?? … Or a waste of Time… ?

[what we can learn from Unilever, Google….]

Many business owners feel planning is a waste of time. Especially in uncertain times like this. How can you predict or anticipate where the Ringgit will be next year? How can you plan when there is so much uncertainty?

Yet, we all know successful companies like Unilever, Samsung, Google, Toyota, etc, always do their business plan or annual plan. Always. Without fail. They know the plan will change or be updated as they go along, but they never neglect it. And they start their planning process early too, way before the end of their financial year. Why is that?

Five Important Reasons Why Planning is Critical for Business Success

1. Planning gives clarity

The value of planning is not so much the plan itself but the process of going through the planning. Planning forces us to think through things, to evaluate and consider different elements of business.

2. Planning gets the Company Prepared

By thinking through each aspect of our business we are getting every department prepared and ready for implementation. Whether it’s the launch or introduction of a new product or building up inventory for a peak period or promotion.

3. Planning helps us anticipate

Through the process of planning we are able to foresee and anticipate any potential challenges, hurdles or obstacles in the way of achieving our plan. This helps keep us one step ahead.

4. Planning helps us more faster

As a result of all the above – greater clarity, problem-anticipation, and preparedness, we are able to move faster, to execute better.

5. Planning saves time.

The net effect is – planning is Not a waste of time. In fact, it actually saves us time and allows us to more faster with greater clarity.

So, make sure you get your 2016 plan done!

If you haven’t got your 2016 plan done yet, why not join us for Profit Plan 2016? Click here for details.

“When you fail to plan, you’re planning to fail.”

Most of us have heard of this famous saying attributable to Benjamin Franklin. It makes sense, doesn’t it? You wouldn’t go for a holiday without a plan, you would never dream of building a house without a building plan too. And, you would never have your wedding without a wedding plan! In fact, many people even hire a Wedding Planner to help them plan their wedding.

So why wouldn’t you have a plan for your business?

Two Main Reasons Why People Fail to Plan

One of the reasons why business owners don’t plan is they feel they don’t have time. Or that planning takes up too much time.

In actual fact, planning saves you time! When you plan ahead you become much clearer about what you have to do. And when you have clarity about what to do, you move at a much faster pace. You’ve anticipated the issues and obstacles and you’ve pre-planned how to overcome these. You’re better prepared. Thereafter, you move ahead much faster.

Another reason why people don’t plan is because they are not sure of the process. Where do you start? How do you proceed? What needs to go into the plan? How do I do it?

Well, you can start anywhere. A half completed plan is better than no plan at all. But of course, a full plan is best.

In just 28 days, 2016 will be upon us. To help you prepare a simple yet solid plan, come join us for Profit Plan 2016. Just click here. At this event, using our C-A-S-T-L-E model, we’ll show you how you can Control your critical numbers, define your goals and Aspirations, clarify your Strategy, select your Tactics, Leverage your resources and Evolve your leadership. It’s a fun and interactive workshop where we’ll guide you step-by-step to prepare your very own 2016 business success plan.

So, come join us at Profit Plan 2016 and take your business to a whole new level in 2016!

Make 2016 a BIG year, your best year!

To your success,

P.S. – Register for Profit Plan 2016 here now!