DO OUR PLANNERS LACK FORESIGHT

2. Presented By:
Dipali Karanjkar
Imran Alam
Jenitan Edward
Robin Kr

3. The professionals who operate the
function of planning.
FAILING TO PLAN IS PLANNING TO FAIL

4. Meaning of foresight :
It is the practice of creating a functional view of the future,
in such a way as to take full advantage of opportunities ,
as well as to prepare for any possible adversity.
FAILING TO PLAN IS PLANNING TO FAIL

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IMPORTANCE OF FORESIGHT PLANNING:

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POLICY STRATEGIC FUTURE STUDIES
 It builds on the
increasing
awareness that no
single body can
know everything
that needs to be
known in order to
effect desired
changes.
 It aimed at
achieving
equilibrium and
stability, to a more
evolutionary
approach.
 It is designed for
those who know
nothing or little
about futures
work, and who
want to find out
more about how to
use futures in their
day-to-day work.
 Knowledge is
distributed widely,
and decision-
makers have to
live with this, and
develop their
intelligence-
gathering methods
accordingly.
 “Long-term
planning” has
been discredited,
but the long-term
still has to be
taken into account
in many decisions.
 It tells how to
integrate futures
into everyday
decision making.

7. Micromax :-
 Increased market share
 Cheap & quality products
 Available form all the classes
Flipkart :-
 Initiated the online sales
 Warehouse in every cities
 On time service

8. Nokia :-
 Fail to obtain an android version
 Decrease in market share
 Sold to microsoft
Maruthi :-
 Decrease in sales
 Dissatisfied customers
 Lock of competency
FAILING TO PLAN IS PLANNING TO FAIL

9.  Textile shops
 Stock clearance
 Event management
 Exam preparation for students
“short term goals plays an important role in achieving
a long term goals”
FAILING TO PLAN IS PLANNING TO FAIL

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12. Keys To Better Business Plans:
Do’s
• Use a business plan to set
concrete goals, responsibilities,
and deadlines to guide your
business.
• Practical business plan
includes implementation for
every strategy.
• Regular review and course
corrections.
• Good business plans are
practical.
Don’ts
• Don’t be too slow.
• Don’t ignore feedback.
• Don’t expect too much.
• Don’t focus too much on goal
FAILING TO PLAN IS PLANNING TO FAIL

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