You can think about the good or bad of a plan as the plan itself, measuring its value by its contents. There are some qualities in a plan that make it more likely to create results, and these are important. However, it is even better to see the plan as part of the whole process of results, because even a great plan is wasted if nobody follows it. The plan depends on the human elements around it, particularly the process of commitment and involvement, and the tracking and follow-up that comes afterward. Let s look at the qualities that make the plan itself better or worse.
Successful implementation starts with a good plan.
There are elements that will make a plan more likely to be successfully implemented. Nothing stifles implementation like unrealistic goals. Requirements of a business plan vary, depending on the context. There is no guarantee, however, that the plan will work if it doesn t cover the main bases. Preparing a business plan is an organized, logical way to look at all of the important aspects of a business.