Intro to Business › Section Q · Your career in business › Topic Q.2
Planning your future
Businesses plan because the future rewards preparation, and the same tools work for people. This topic describes a six-step planning process, ways to make goals concrete and compare options, and how plans stay useful when circumstances change.
In this topic
- Planning and impulse
- What a plan is
- The six-step planning process
- Making goals concrete: SMART
- Worked example: a savings goal through the six steps
- Comparing alternatives with a weighted matrix
- Worked example: choosing a summer option
- Planning across life
- Dreams, milestones and staying flexible
- Common mistakes to avoid
- Key takeaways
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