"The plan is nothing, but planning is everything"
Every transformation, every turnaround is carefully planned. This is important in order to get all stakeholders on board, especially the financiers, of course. But the truth is that most plans are quickly overtaken by reality, and may even fail.
Nevertheless, it is still important to plan – but to plan correctly, according to transformation experts Marc-René Faerber and Benjamin Niethammer, following the motto of US General and President Dwight D. Eisenhower: “The plan is nothing, but planning is everything.”
In this episode of SMP Leading in Transformation, there are specific tips on how granular the various plans – financial, strategic, and project plans – need to be, why planning in scenarios is so important, and what role the various teams play in this. Because today, good planning means above all being well prepared when the inevitable deviations from the plan require countermeasures.
*Video only in German
