“Create a definite plan for carrying out your desire and begin at once, whether you are ready or not, to put this plan into action.”

Patience always gives us good results

Strategic planning is very important, along with timeliness and pragmatism. To launch into a plan immediately without considering the risks, not engaged in market analysis and value, and not examining market saturation and segmentation should be viewed as a rash movement.

There should be a complete strategic planning process put in place, with the Mission and objectives identified, and to ascertain various elements such as Environmental Scanning, Strategy Formulation, Strategy Implementation, Evaluation and Control...with the added Plan of Contingencies and also to forecast insightful scenarios from astute research and real-world knowledge.