The very fact that plans deal with the future means they are based on assumptions. They, therefore, incorporate an inherent element of uncertainty, inaccuracy and potential for failure. This is not an excuse for failing to plan. Instead, to address these issues, plans must remain flexible and adaptable so that new information and ideas can be incorporated, as the gradual process of experimenting and learning proceeds and reality unfolds.
To some extent, business advisory plans must emerge. Care must be taken to avoid rejecting information and ideas or committing to a particular course prematurely. Rather, you must plan for learning by undertaking activities to search for, challenge, experiment with and analyse opportunities and threats. It’s both the planned action and planned learning that determine your success.
One of the cornerstones of our services in three pillars of our business advisory services involves Innovation Consulting – helping you remain flexible, adapt to change and stay ahead of the game.