Planning Valuable Time Is Lost Term Paper

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One cannot anticipate every possible bad -- or good -- scenario. Yet as cataclysmic as 9/11 proved, the recession that followed did not come from one cause -- planning and examination provided earlier hints of a slow down. One could argue that the overconfidence that the market could only go up during the heady days of the 90's tech boom, and the refusal to consider other possibilities not only contributed to 9/11's impact but sowed the seeds for recession just as much as the unexpected.

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Thus planning is still key, and planning if done efficiently can still be part of a speedy implementing strategy. One must always first look at what's important to a company and decide where the company needs to go. A company must identify business needs before deciding what the practices will be to satisfy those needs, and develop and implement an effective active plan only after considering what might go wrong and right in the future. (Lockwood, 1999)

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"Planning Valuable Time Is Lost" (2005, January 26) Retrieved May 20, 2025, from
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