On an album level, sometimes I have a concept in advance, and sometimes it comes together based on the songs I want to release. I don’t do well with too much advance planning, but general themes are okay.
As I see it, I have four modes:
Experimenting/Jamming: Maybe trying a patch idea or measuring/comparing stuff, or maybe just playing. I don’t record at this point, and only rarely regret it.
Creation: I found inspiration while jamming, and an internal switch flipped – now I’m working on a song, with the intent to record something. Sequencing (if any), setting up performance control, effects, mixing, practice etc.
Recording: No multitracking, submixes, bounces, etc., just a “final” stereo mix. This is a habit from when I worked 100% in software and would do a non-realtime render of a “finished” song – but I find that it helps eliminate endless rounds of tweaking, even if occasionally it does make editing more difficult.
Editing: Cleaning up the start and end, maybe a layer of additional FX, dynamics/EQ adjustments, other sound polish, etc.
I try (and usually succeed) to do all the creation/recording in a single session – and then I unpatch. No going back to tweak things once I have that stereo recording, unless it’s just bad and I want to record a new take.
Editing can happen later, or in two or more stages after I’ve reset my ears and listened in another context.