Solved: Planning is a waste of time-approach for a business, Accounting Basics

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Planning is a waste of time-approach for a business

Problem:

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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Accounting Basics: Planning is a waste of time-approach for a business

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Accounting Basics: Planning is a waste of time-approach for a business

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