Goal Setting Vs. Business Planning
It's that time of year where people are reflecting on the year gone by, and trying to figure out what they will be doing next year. They are setting their New Years Resolutions sort of speak, only for their business.
You quite often hear people this time of year state they are doing planning; only to find out they are really setting goals. "What is the difference?" you may ask.
A goal is a projected computation of affairs that a person plans or intends to achieve. It is similar to purpose of aim. A goal is the anticipated result which guides reaction, or an end which is the object.
A plan is typically any procedure used to achieve an objective. It is a set of intended actions, through which one expects to achieve a goal.
In order to do Business Planning, you start with goal setting. Once you identify the desired outcome, you develop the plan to achieve them.
A goal with out a plan is as useless as a plan with out a goal. However, when you put the two together, you have a winning tool!!!
Pam Crawford, ABR,e-PRO®,CRS,CDPE,LMC
Owner, REALTOR®, Managing Partner, MBA, BSBA
RE/MAX Professional Associates
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