Benefits of Business Planning

  • Provides a Realistic Assessment of an Organization, It’s Customers, Competition and Business Environment

  • Assists Everyone in Daily Decision Making

    • Allocation of Limited Resources
    • Which Opportunities to Pursue

  • Clarifies the Values of the Organization

  • Inspires Change

  • Clearly Defines the Criteria for Achieving Success

  • Provides Direction to an Organization- Focus

  • Increases Teamwork, Commitment and Buy-in Among People and Departments

  • Trains Management in Thinking Strategically