| Articles for
February 16, 2007: |
| CAPITAL PLANNING - PART 2 OF 2 |
|
In a previous Footnotes, we explained the benefits of capital planning. In this issue, we will outline typical steps in the capital planning process.
The first step in developing a capital plan is to perform a physical inventory of all existing facilities and other capital items. This study should evaluate the current facility conditions, the date of the last improvement and the current levels of usage.
For more information, please click on Full Article below. |
|
|
|
|
| THE STRATEGIC PLANNING PROCESS |
|
The essence of strategic planning is managing uncertainty instead of becoming the unwitting victim of it. It means looking ahead and managing future risks. Strategic planning involves thinking beyond day-to-day routine activities, operational processes and small-scale changes, and enables you to develop a framework to think purposefully about the future.
For more information, please click on Full Article below. |
|
|
|
|
|
