Unplanning

3-4 years ago, as part of the business climate evaluation and 5 year planning exercise for the company, we came up with scenarios on how to tackle the situation where the rupee would hit 34 against the USD.

Today, the rupee is at 52.

How can the world's best economists and planners and financial wizards have got it so wrong?

And indeed, if things are so difficult to forecast after all algorithms, ideas and efforts put into it, why and how can we afford to do so much planning and execution based on it?

In the software development world, more and more companies and customers are realising the benefits of keeping it simple, agile and responsive. We do not buidl software for the future any more, we keep it live, we design it to be agile and easy to adapt to changing requirements, and focus on what today's user wants today!

Shouldn't we do the same in business planning? Isn't it better to focus more on the situation, see how it impacts business, and be prepared for frequent course corrections, instead of spending efforts on looking into a future that is guaranteed to keep changing?

Unplan. Get agile. Get ready to move. Fast. Survive and prosper.