This is the first 1,000 characters of 1663 words (6.65 pages) in the essay titled Spreadsheets
Introduction In years past, every well-run corporation undoubtedly had a written business plan. Oftentimes, these plans were considered by many to be an exercise in frustration, as they were laboriously considered, written, then stored on the company's library shelf until the next business planning cycle. The last few decades have seen a radical change in the way companies do their planning. More often than not, the "old" business plan - though still produced and of value in its own right - is given less attention than the newer Strategic Plan. Unlike the Business Plan, which tends to be a very short document, the Strategic Plan is likely to be much more substantial and detailed. The Business Plan provides the foundation and framework for the Strategic Plan.1 Senior business managers are often so occupied with immediate issues that they can easily lose site of the long-term objectives of the business - objectives upon which the business can thrive if attain...
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