Qn: Most people make an annual plan at start of a New year. Is that effective? A: Strategy is different from a plan. When you are making a strategy, you are coming up with choices you will use for a long time. But what I find most ineffective is making an annual plan at the beginning of a new year without putting into any perspective. At the end of the day, it won’t help. Have short, medium and long term plan. To be most effective, begin by asking yourself;“In the next 10 years, where would I like to be? What…