Monday, August 2, 2010

Top Business Skills - Planning

By : Tony Jacowski

Planning is one of the top business skills you must possess when it comes to strategy. You need to be capable of thinking strategically and planning strategically. The question that you need to be asking yourself is; can you see what is in store for the future with specific projects and actions.

Project planning is another type of planning that is a part of top business skills. As a manager or a team leader, you will be asked to take on projects. You must be capable of planning these projects from beginning to completion properly. Planning projects means you can estimate a body count for how many people you need to work on the project, how much money it will take, how many hours need to be spent, resources required that you need to buy and resources that are already in house, and much more.

Financial planning is another one of the top business skills that is vital in management or leadership positions. The need for financial planning skills arise when you are given a budget that has to last your department for a year or even that needs to be enough to complete a project rollout. You also financially plan when a business sends you on a corporate road trip with a company credit card and certain limits for food and other expenses.

Risk is a part of planning that quality management has the capability of foreseeing. Risk management is one of the top business skills that many people do not plan for. You have to be able to foresee risks that might be coming down the pipe if you implement certain changes to a process. Being a risk taker is fine but you have to be aware of all risks and you must be capable of dealing with them in case they do happen.

Planning is one of the top business skills that is very important for an organization. A successful manager or leader will have planning skills which are broken down into project planning, financial, risk, and strategic.

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