Therewasatimewhenbusinessplanningwasanannualactivity,withkeydecision-makersgettingtogetherbeforethestartofeachfiscalyear,identifyingthecorporateobjectivesfortheupcomingyear,establishingthecorrespondingannualbudgets,anddocumentingthesedetailsinanannualreport.Thisapproachworked(reasonably