18 Feb Business – Develop a long-term and a short-term plan
Business Question
Develop a long-term and a short-term plan for yourself using what you have learned about yourself through the SWOT analysis and environmental scan you completed.
Introduction
NOTE: DEVELOPING A STRATEGIC PLAN REQUIRES SPECIFIC STEPS THAT NEED TO BE EXECUTED IN A SEQUENCE. THE ASSESSMENTS IN THIS COURSE ARE PRESENTED IN ORDER AND SHOULD BE COMPLETED IN SEQUENCE.
In business, having a plan is a critical element for growth and expansion. However, successful businesses do more than simply plan to earn millions within the next five years; they develop detailed plans that have realistic goals. Typically, these plans include both long-term plans and short-term plans.
Developing your personal long- and short-term plan can help you chart the road to your own success. A well-prepared plan can help you focus your professional efforts, identify resources to help you achieve your goals, prioritize the actions you need to take, and anticipate obstacles.