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There Is an Emerging School of Thought That Opposes the Idea

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Essay

There is an emerging school of thought that opposes the idea of writing a business plan and advocates experimentation and trial-and-error learning gleaned through customer feedback and formal planning. How does the approach to writing a business plan described in this book differ from this philosophy? How does trial-and-error learning figure into the approach to writing a business plan advocated in this book?


Definitions:

Look for Answers

The act of seeking solutions or explanations for questions or problems.

American Children

Pertains to children living in or originating from the United States, focusing on their lifestyle, culture, or development.

Project Head Start

A scheme in the US offering extensive early childhood education, health care, nutritional support, and engagement opportunities for parents of families with low income.

Harold Stevenson

A psychologist known for his cross-cultural research in academic achievement and intelligence, particularly comparing the educational performances of children in the United States, China, and Japan.

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