Having plans of various types is important to business success. Whether it is a business plan, a strategic plan or some other type of plan, each is important in providing clear direction for the business and those who work in it. Employees must know where the company is headed and how their efforts will contribute to its success. If properly developed plans can be a roadmap for success. And when they are followed, the various plans will provide focus that is so important.
Employees like to come to work knowing there is a plan and a reason for doing what they do.
Without plans, businesses tend to wander and shift priorities too frequently. The Fat Most businesses have some excess expenses and costs that can be trimmed. These excess costs can come in many forms and should be sought out with a fair amount of intensity. It simply does not make sense for a business to expend money unnecessarily. Yet many do.