Organisational planning tools
Planning is a vital element of business activity and needs to be done over various timeframes. To help a business in their planning there are a number of tools available. Skilled craftsmen know that they need the correct tool for particular tasks. When faced with a complicated project, they will use a number of tools together. Business tools are very similar. Although it is possible to use individual tools at a tactical level, it is the combination of tools and the information provided by their use that is the basis of effective management.
Planning is at the core of business success. Strategic planning is concerned with the direction of the business and the setting of goals, targets and corporate objectives. The business plan sets how in detail how the business will achieve its corporate objectives.