Close up of a monthly planner open on a desk, with blurry writing.

How Important is Planning to Success, Really?

By Graeme Cotton

We have all heard the adage that failing to plan is planning to fail. Is this true? Do we spend too much time on planning? Scrum co-creator Ken Schwaber has said that the reason for him creating the Scrum concept was the number of times project teams used a Gantt chart in an effort to ensure the project ran on time and to budget, only for 100% of them to fail to achieve the majority of these targets.

With businesses making decisions every day based upon their plans and investors investing in companies based upon those companies’┬áplans, surely there is no doubt that planning is a crucial element to their success? Strategic planning is a requirement for the world of business, never more so than now with a rapidly changing global landscape and a political world full of indecision. The real question is: how well do we really do it?