Five-Year Plans: do they still matter?

What are your thoughts, given our current landscape?

Parents
  • five year plans do work. Breaking down your goal into small achievable milestone that lead to the accomplishment of a 5 year goal is the best way to achieve your goals.

Reply
  • five year plans do work. Breaking down your goal into small achievable milestone that lead to the accomplishment of a 5 year goal is the best way to achieve your goals.

Children
  • Good advice - do you have any examples of goals you've outlined for yourself that you can share?

  • True, those would be however good for personal goals whereas it comes to the company then having the past long-term goals might be too outdated, especially in industries like technology.

  • I think they do work. Planning ahead is better than no plan. If nothing planned then there will not be a goal which drives us to succeed.