The following comes from the book "Goals" by Brian Tracy. It is one of the best books, if not the best, I have read on the subject of goal setting:
is a six P formula for personal and business success: “Proper Prior
Planning Prevents Poor Performance.” There are seven advantages to “Proper
First, the planning process forces you to organize your
thinking and identify all the key issues that must be dealt with if your
are ultimately going to be successful.
Second, thinking through what you
must do to accomplish your goals enables you to plan your actions
carefully before you begin, thereby saving you enormous costs in time, people,
Third, a good plan, thoroughly discussed and evaluated, enables
you to identify flaws and errors that could prove fatal to your business
later on. It enables you to ask “what if?” questions. For example, “What
are the worst possible things that could happen if you were to take a
particular course of action?”
The fourth benefit of proper prior planning
is that it enables you to identify weaknesses in your plan and make
provisions to compensate for those weaknesses. Often, you can identify a
“fatal flaw” that would lead to the failure of the enterprise. This is
only possible by going through the planning process.
enabled you to identify strengths and potential opportunities that you can
take advantage of to increase the likelihood of success. Often, you will
be unaware of your particular strengths or the opportunities that exist
inn the situation before you go through the planning process.
benefit of planning is that it enables you to focus your time and money
and concentrate all of your resources on the one or two objectives that
you must achieve to make an enterprise successful. In the absence of clear
focus and concentration, you will tend to spread your energies over a wide
area and accomplish very little.
The seventh benefit of proper planning is
that it will inevitably save you hours, weeks, and months of confusion,
mistakes, and losses of both money and energy.