Fail to plan is a plan to fail. Because planning helps you decide short-term and long-term goals, its significance cannot be overlooked for an organization. Planning is a process that involves the determination of a future course of action. Why, how, and when you should take an action are main subjects of planning. Increasing an organization's ability to adapt to future eventualities, making the company more competitive in its industry, reducing mistakes and oversights, making effective use of an organization's resources, and exercising better control are some of the peculiarities of planning.

Keeping in view the importance of planning, SAP Analytics Cloud helps you create full-featured planning models. Creating and working with a planning model is a huge subject, and a complete book can be dedicated to this subject. In this brief chapter, you were given an overview...