Business planning is similar to creating design iterations and drafting drawings before starting construction, in the sense that it is the blueprint for a firm’s future success. Having a strategic plan provides a basis to evaluate what is happening in real-time against what was expected, make adjustments as necessary, and have a guide to help make better business decisions. Without a plan, how can you coordinate all of the elements and timing required to achieve the desired result? How can you navigate an unpredictable business environment?
Let’s review how the business plan with a whole-systems approach can guide us to successful results, as developed by Charrette Venture Group (CVG).