Organisations That Fail To Plan Are Planning To Fail. Do You Agree Or Disagree With This Statement?

I would agree to this statement because it is very important for every organization to plan ahead if it wants to survive in the industry. The competition is very strong and firms are always neck to neck and in order to gain a competitive advantage, every organization has to see where it stands in the industry and what are its strengths and weaknesses and also those of the each competitor. It is also important to identify the opportunities and to avail them by planning carefully so that the position can be improved. Planning and devising a strategy for the future is very vital and if an organization fails to do so, then it means it is asking for trouble.