Almost all companies devote a substantial amount of time, and money, to producing an Annual Plan. But how much does that process cost, and what is this value it delivers? How much time is spent on high value-added work, such as developing the Strategic Direction, versus less-value-added activities, such as departmental budgeting? And do some companies enjoy significantly better results than others do? If so, how
Companies have struggled for years to answer these questions and others, such as how to determine the benefits to be derived from the planning process in general. Little wonder that only a relative handful of companies can boast annual planning processes that operate at a World Class level.