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Based on information provided, I would recommend as follows:
1. A clear assessment of external and internal environment that would have effect on planning process
2. Statement of objectives with strategy, policy and financial projections in order to achieve the objectives
3. Measure of performance in terms of Return on Investment
- for planning --- you better understand well what and how to achieve
so question yourself to understand well
measure the actuals with the planned objectives
for accountability, have alternate solutions in case of any contingencies.
My 2 cents. Thanks.
Thanks for invitation
I am agreeing with my colleague’s answer Mr Rahman
agree with the best twice answers above
Thanks
In my opinion :
Robust decision-making (RDM) is an iterative decision analytic framework that helps identify potential robust strategies, characterize the vulnerabilities of such strategies, and evaluate the tradeoffs among them. RDM focuses on informing decisions under conditions of what is called ‘deep uncertainty,’ that is, conditions where the parties to a decision do not know or do not agree on the system model(s) relating actions to consequences or the prior probability distributions for the key input parameters to those model(s).
The position which requires planning , projection & accountability will have to consider the following basic tips for decion making:
1. Planning - Clear objective of the activity and outline the same in terms of business activities to be accomplish the same.
2.Projection - Make a proper reasonable estimate of the various parameters to measure the business activity in all the dimensions based on market requirements.
3.Accountability - Evaluate the feasible benefits in terms of profitability & return on investment.
1. Strudy the Task in detail.
2. Understand the informations and factors required to complete the Projects , finalise the projects and execute.
3. Owe the responsibility for success and failure.