Has COVID-19 Killed the Business Plan? Do You Really Need One?
STRATEGY

Has COVID-19 Killed the Business Plan? Do You Really Need One?

Annual planning and business plan updates. It is that time of year. Recently I have experienced a wave of blogs, news articles, pundits, entrepreneurs and business executives saying that business plans are not necessary for smaller faster growing companies–a waste of time in today’s world! They justify this viewpoint by pointing out that: 2021 is…

Is the Business Plan Dead?  Do You Really Need One?
ROCKEFELLER HABITS | STRATEGY

Is the Business Plan Dead? Do You Really Need One?

Recently I have experienced a wave of blogs, news articles, pundits, entrepreneurs and business executives saying that business plans are not necessary for smaller faster growing companies–a waste of time! They justify this viewpoint by pointing out that planning 1) takes too much time and resources, 2) costs too much, 3) has a small payoff,…