Are you Short Term Planner If Yes This Isn't A Good Sign
It is me who believes in short term planning and not in long term planning because I feel the things that can be achieved if planned short term they can be if I have a long term plan. Hence my focus lies on the short term goals and objectives, but after few of the articles I realized that this isn’t the only reason which can take my short term plans to success, the reasons that support the long terms are many hence thought of writing of writing on the positive aspects of long term planning. Hence even if the employees have short term vision it is said that entrepreneurs shouldn’t and hence they don’t and this is what differentiates from us.
When you think short term your thoughts get limited to towards having a short term vision and mission in mind. However short term plans provide you with the immediate results this will limit your ability to achieve something really big that is waiting for you in future.
When you start focusing on how today will benefit tomorrow, you will begin to see changes that allow you to work more efficiently and create stability in your company.
Having focused on one thing you will surely get the happiness for short term but you’ll envy the success that your colleagues achieve after few years which is much bigger than your achievement.
Having a short term vision will make you an individual who never differentiates and priorities things and sees each and every thing important and performs everything thus wasting time doing things not needed to be done at that particular time.
The most difficult task in business deals with long term plans usually for more than two years with all the strategies put in together.
The real value of long term planning is not in the plan itself, which will need to be changed, but in the process of planning, thinking ahead and considering the potential impact of outside influences on your business.
The best example that relates to everyone is retirement, every individual plans for his retirement; saves a handsome amount of money every year. The more money you sock away and the longer that money has to grow and work for you, the better the position you are in to enjoy your retirement to its fullest.
Investments serve to be a part of long term planning and there several other plans and schemes to plan for long term. Your business plan is often called company’s calling card. Use your business plan to present your business concept in away others can understand. The long term planning when covers business planning it takes an important turn, because having a long term plan this will help you achieve the targets/objectives. Your business Plan should have a clear focus and set goals to achieve, it should provide you with a logical framework within which you conduct business it helps you gain what you want. The plans set as a benchmark against which performance can be measured. An excellent plan can help you get VC funding easily hence many of the emerging entrepreneurs focus on preparing a excellent plan so that at the first attempt it gets approval as well as the finance.
Not all the business plans are same and hence instead of getting motivated or inspired or preparing plans based on others plans will not help you prepare what you want; it will depict footprints of others and at the end you will get trapped in achieving something that has others reflection and your plan won’t remain your plan. The master plan includes strategy and culture, internal and external framework, market focus, as well as the follow up. The central purpose of this process is to ensure that the course and direction is well thought out, sound, and appropriate.