The Art of Planning – The True Meaning of Success!

The Art of Planning – The True Meaning of Success!

What Is Planning?

           Planning (also called foresight) is the process of thinking about and organizing the activities required to achieve a desired goal. It involves the creation and maintenance of a plan, which includes emotional aspects that require conceptual skills. There are even a couple of tests to measure someone’s capability of planning well. Planning is a fundamental property of superior intelligent behavior. Another word I like to use as a definition for the art of planning is sagacity. Synonyms for sagacity are “wisdom, intelligence, great understating, judgment, insight, and perception,” to name a few.

           What Are the Different Planning Types? There are three major types of planning, which include operational, tactical, and strategic planning. Achieving organizational goals starts with a business owner who creates strategic plans that paint a picture of the desired future with short- and long-term goals of the organization, such as increasing productivity or profitability. Operational planning is the process of linking strategic goals and objectives to tactical goals and objectives. It describes milestones, conditions for success, and explains how, or what portion of, a strategic plan will be put into operation during a given operational period.

The Steps in the Planning Process Are Listed Here

• Develop business objectives.

• Develop tasks to meet those business objectives.

• Determine resources needed to implement tasks.

• Create a timeline.

• Determine tracking and assessment methods.

• Finalize plan.

• Distribute to all parties involved in the process.

           Just as people feel better when they are sure of what it is they are trying to achieve (clarity of purpose), so people also feel better when they are confident there is a good plan in place. The art of planning is understanding the process, gaining wisdom from the steps, and applying intelligence to secure success in your business venture. People who have a purpose and a plan are obviously in a better psychological position than a person without a purpose or a plan. What are the emotional consequences for a person’s peace of mind if they know, deep down, that they don’t have a business goal or plans for the future? We all know that those individuals lack the drive, are not motivated, and do not know what they are looking for in life or in business. Look in the mirror. That is not you!

           You are an entrepreneur who is highly motivated and laser focused on obtaining your goals. As you continue your journey and learn the art of planning, you will notice changes to your psychological, emotional, and behavioral habits.

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At RMH Tax & Financial Advisors, Inc., we've been serving the needs of Plymouth, MN and the surrounding areas for years. If you need help managing any aspect of your home or business's finances, we want to hear from you.

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RMH Tax & Financial Advisors, Inc.

12805 Highway 55, Suite 412,
Plymouth, MN 55441
T: (763) 557-2818


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