Some organizations have business plans but they have failed to follow through with other types of planning. Often the leader of the organization is also the founder and this can mean that they keep everything about the business in their head. Planning is an essential aspect of moving a business forward and it is an ongoing process. In order to plan well, leaders must have strong decision-making skills, be able to see the future needs of the business, be open to change and involve other stakeholders in the planning process.
One of the reasons why some organizations fail to plan is because they know it will mean change. In some situations, the board or the founder of the organization are more fond of keeping the status quo. They would rather continue to do the same things over and over because they are afraid of change. However, change must come in organizations or they will eventually close their doors.
[The] Process of identifying an organizations immediate and long-term objectives, and formulating and monitoring specific strategies to achieve them. It also entails staffing and resource allocation and is one of the most important responsibilities of a management team.
In business a clear vision must show the image of the business, appeals to customer needs and must be clear enough that it motivates the employees to participate. When there is a clear vision it helps leaders and employees make a commitment to the organization. Everyone knows what they are supposed to do and how their jobs fit into the rest of the organization. Goals will come out of the vision and mission statements that will show the action steps that are needed to improve the organization.
Leaders know there are often challenges when they are making an attempt to plan an organizations future and move it forward. Usually, these challenges are with the people in the organization rather than with an outside influence. .