Over most of my career, I have been a strong advocate of effective strategic planning. However, experience has demonstrated time and time again that the best results come from effective leadership boldly seizing opportunities when presented.
Also planning is just one side of the coin, the other is effective delivery. In is in this second area that I specialized for most of my career. Sadly, resources are squandered and decision-making is shaky in the whole area of delivery. With effective delivery, GDP could easily be notched up a couple of points and many of the unemployed given jobs. Part of the problem is cronyism, absence of effective competition and over-simplistic notions of good project management practice.