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Welcome to PlanningSkills.COM

This website focuses on a wide variety of topics related to organization and individual planning situations. The primary focus is business planning.

Planning is an anticipatory decision making process that involves situation analysis, forecasting outcomes and events, evaluating alternative courses of action, anticipating consequences and considering implementation issues and contingencies. Planning often begins with asking one or more questions, for example: What if ...? Could we ...? Do we ...? Is it possible...? How should we respond ...? How can we ...? Is it feasible to ...?

In general, planning is a proactive process that is intended to help individuals, groups and organizations achieve performance objectives.



Featured Glossary Term

Strategy Evaluation and Choice

Strategy evaluation and choice is a process that reconciles strategic actions, market opportunities, corporate strengths and resources, values of general managers, and legal requirements and social responsibilities to select a "best" mission, strategic thrust, and set of strategic actions.


Featured Planning Tip

Beware the 'leaky bucket'

People forget and systems become inefficient and obsolete. A 'leaky bucket' is an analogy and metaphor describing how a wide variety of business and technology systems operate, i.e. the system leaks outputs and processes degenerate and devolve.

The term suggests an analogy to a physical bucket that has a hole. The bucket can hold water up to its maximum capacity for a brief time and then it loses water at a rate determined by the diameter of the hole.

In marketing, some businesses are similar to a 'leaking bucket' where the business is the bucket and customers are the water in the bucket. The business 'leaks' customers.

Similarly, employee security awareness training can yield an immediate and dramatic improvement in security practices. However, people don't remember and stay vigilant over time, awareness 'leaks'.

In a 'leaky bucket' situation, inputs like security awareness training must be ongoing to keep up with the rate of the leak.







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Copyright © 2004-15 by D. J. Power (see his home page). PlanningSkills.COMsm is maintained by Alexander P. and Daniel J. Power. Please contact them at djpower1950@gmail.com with questions. See disclaimer and privacy statement. This page was last modified on December 8, 2015.
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