You mentioned that businesses should not plan too far ahead. Why is that?
Ian: There are a few key __________ why planning too far into the future can be problematic for businesses. Firstly, the further out you plan, the more __________ there is for external factors to change your assumptions. Things like the economy, new technologies, and competitor actions are very hard to accurately predict more than a year or two ahead. Secondly, focusing too much on a rigid long-term plan can discourage __________ and flexibility. Businesses need to be able to adapt quickly to changing market conditions. Finally, planning too far ahead can reduce a business's sense of __________. It's important for teams to have short-term goals to work towards to stay
You mentioned that businesses should not plan too far ahead. Why is that?
Ian: There are a few key __________ why planning too far into the future can be problematic for businesses. Firstly, the further out you plan, the more __________ there is for external factors to change your assumptions. Things like the economy, new technologies, and competitor actions are very hard to accurately predict more than a year or two ahead. Secondly, focusing too much on a rigid long-term plan can discourage __________ and flexibility. Businesses need to be able to adapt quickly to changing market conditions. Finally, planning too far ahead can reduce a business's sense of __________. It's important for teams to have short-term goals to work towards to stay
You mentioned that businesses should not plan too far ahead. Why is that?
Ian: There are a few key __________ why planning too far into the future can be problematic for businesses. Firstly, the further out you plan, the more __________ there is for external factors to change your assumptions. Things like the economy, new technologies, and competitor actions are very hard to accurately predict more than a year or two ahead. Secondly, focusing too much on a rigid long-term plan can discourage __________ and flexibility. Businesses need to be able to adapt quickly to changing market conditions. Finally, planning too far ahead can reduce a business's sense of __________. It's important for teams to have short-term goals to work towards to stay
carlos.diaz.t@usach.cl Week 3 – April 14, 2023 VOCABULARY Match the verbs in the box to the nouns below (1-5). Each word partnership describes a way to plan Making plans effectively. Use a dictionary to help you if necessary. VOCABULARY – Making plans Match the verbs in Box A to the nouns in Box B. Make as many word partnerships as you can. A managing director talks about the planning of a new sales VOCABULARY office in the United States. Complete this text with nouns Making plans from the previous exercises. One noun is used twice. LISTENING – How important is planning? Ian Sanders is a business consultant and the author of Unplan your business. In the first part of the interview, he answers the question ‘How far ahead should businesses plan?’ Listen and complete these notes. LISTENING – How important is planning? Listen to the second part and complete this audio script.