You are right, we do need a formal plan, Thane has started an initial draft.
1	You	you	PRON	PRP	Case=Nom|Person=2|PronType=Prs	3	nsubj	3:nsubj	_
2	are	be	AUX	VBP	Mood=Ind|Number=Sing|Person=2|Tense=Pres|VerbForm=Fin	3	cop	3:cop	_
3	right	right	ADJ	JJ	Degree=Pos	0	root	0:root	SpaceAfter=No
4	,	,	PUNCT	,	_	3	punct	3:punct	_
5	we	we	PRON	PRP	Case=Nom|Number=Plur|Person=1|PronType=Prs	7	nsubj	7:nsubj	_
6	do	do	AUX	VBP	Mood=Ind|Number=Plur|Person=1|Tense=Pres|VerbForm=Fin	7	aux	7:aux	_
7	need	need	VERB	VB	VerbForm=Inf	3	parataxis	3:parataxis	_
8	a	a	DET	DT	Definite=Ind|PronType=Art	10	det	10:det	_
9	formal	formal	ADJ	JJ	Degree=Pos	10	amod	10:amod	_
10	plan	plan	NOUN	NN	Number=Sing	7	obj	7:obj	SpaceAfter=No
11	,	,	PUNCT	,	_	3	punct	3:punct	_
12	Thane	Thane	PROPN	NNP	Number=Sing	14	nsubj	14:nsubj	_
13	has	have	AUX	VBZ	Mood=Ind|Number=Sing|Person=3|Tense=Pres|VerbForm=Fin	14	aux	14:aux	_
14	started	start	VERB	VBN	Tense=Past|VerbForm=Part	3	parataxis	3:parataxis	_
15	an	a	DET	DT	Definite=Ind|PronType=Art	17	det	17:det	_
16	initial	initial	ADJ	JJ	Degree=Pos	17	amod	17:amod	_
17	draft	draft	NOUN	NN	Number=Sing	14	obj	14:obj	SpaceAfter=No
18	.	.	PUNCT	.	_	3	punct	3:punct	_
