Suppose that Markus Braun wanted to have Wirecard be worth 5 billion euros by the end of 2022 . He wants to create a plan to accomplsh this
outcome. What should be his first step in creating that plan?
Develop the plan.
Translate the plan.
Execute the plan.
Plan operations.

The first step in creating a plan for Wirecard’s valuation goals should be to develop the plan. This involves conducting extensive market research, analyzing financial data, and identifying key performance indicators that need to be achieved to reach the 5 billion euros target. A solid foundation will ensure that all subsequent steps are aligned and effective.

Once the plan is developed, translating it into actionable strategies is crucial. This means breaking down the larger goals into specific, measurable tasks, assigning responsibilities to team members, and setting timelines that keep everyone on track. Clear communication and effective translation of the plan will pave the way for successful execution.