The Lord Of Myself

Twinkle, twinkle little star...!! Shoot for the stars, even if you miss those you'll reach the moon.

Sunday, July 23, 2006

Significance of Planning..!!

...it's been a while, since I wrote ..., apologies to those who visited these pages lately and found no updates. I don't wanna write for the sake of writing using few quick minutes, but i hope to write what i wanna write atleast once in a week..!!

Our term-2 is over, and now we are 1/4th MBA grads :) Just returned from the term-break, slept a lot, and ofcourse got ready for term-3, supposedly the toughest of all and which is beginning tomorrow. We've exciting courses lined up for this term with some cool faculty teaching those - Corporate Finance, Operations Mgmt, Entrepreneurship, and Managerial Accounting. Entrepreneurship is my favorite, but not sure if it can be taught - let's C.

Coming to the title of the topic - Planning - there won't be any individual on this planet who doesn't know its importance in getting many things done. It's a proven empirical fact that just by the act of planning people would accomplish many tasks than they would have if they had not planned. Then, why would everyone not indulge in daily planning? I guess the answer is -because for majority, planning is not sustainable and so it is not worth spending time on it.

Everytime I started planning my day or week, i could complete many tasks - yet, I drifted as time progressed, lost in daily pressures, inadequate time, catching things up etc, etc Planning definetly takes time, but the time spent is many times less than time saved out of irregular schedule of activities. So...how does one go about commiting oneself for 'regular planning'?

I guess I am not the authority to answer this question - but, I believe self-discipline and persistence are the two keys that unleashes the power of planning in one's life. Think thru the questions - when was the last time you planned? what made you stop planning? what are the successes you had? Are you disciplined enough to restart the planning process? Will you be persistent enough to continue planning despite inevitable obstacles...? Honest answers to these questions will lead one to 'effective, yet regular planning'.

Other well-known examples of planning myths are ' New-year resolutions', 'New Job/Career resolutions', ' Marriage/relationship resolutions' - all these can be good; but, one must realize that planning is only a tool, which must be backed by solid discipline and dogged persistence.

Tata.. Satish.

P.S: I will probably write about " Strategy - a precursor to planning" next time.

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