To reach a port we must sail,Oliver Wendell Holmes
sometimes with the wind,
and sometimes against it.
But we must not drift or lie at anchor.
The best way to predict the futurePeter Drucker
is to create it.
Failure is simply the opportunity to begin again,Henry Ford
this time more intelligently.
Planning has a crucial role in directing an enterprise towards realization of its strategy. This function influences in a deciding manner all remaining functions (organization, motivation, control). Incorrect planning will result in inefficient allocation of resources, lower employee motivation, and incorrect reactions to changes happening, which has been detailedly presented in this paper.
Article published in Magazyn "PLUS"
|dr Dariusz Stronka|
In this paper we prezent the method for measuring enterprises efficiency according to the invested capital concept. This idea was developed as a trial to overcome faults of the traditional asset profitability evaluation through ROA index. These faults appear in inconsequence between measurement of achieved outcomes (profit), and expenditure incurred to achieving them (enterprise assets). Acting accordingly to the invested capital concept, the Author proposes, on the basis of financial statements developed according to Polish law in force, selected corrections of values of sales profit, and accounting value of assets.
Paper published as the International Scientific Conference „Time for Money”
In this paper we present basic concepts related to business plan. First, we present the concept and tasks of planning, and next – the general division of plans of an enterprise into operating and strategic plans. We explain at the same time that business plan can be approached also as a strategic plan of an enterprise development. In the following chapters, we discuss tasks and evaluation criteria of strategic plans, the concept and characteristics, types, functions and users of business plans and a general structure of a business plan.
This paper forms a part of a text book „Business plan as a tool for enterprise strategy implementation”