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    planning is a waste of time

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    The son of the owner of your company recently got promoted to the position of Vice President of Finance and Planning. However, he has said in meetings 'planning is a waste of time....things always keep changing. We just have to stay on top of things and be able to react to opportunity when it comes our way!'
    Do you agree? Is this the best approach for a business to take?

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    Solution Preview

    He's now the VP of planning and feels planning is a waste of time?? Boy, is he sure in the wrong position! I do agree with his opinion that in business, things always keep changing. A firm does need to stay on top of things, and be able to ...

    Solution Summary

    The solution provides an argument against the comment that planning is a waste of time.