Planning



[Objectives of Planning] [Strategic Planning] [Tools for Planning] [Management by Objectives]

I. Nature of Planning

Planning is the management of the organization's future in an uncertain environment.

II. Types of Plans:

Strategic
Strategic plans are organizationwide, establish overall objectives, and position the organization with relation to its environment.

Operational Plans
Operational plans specify details on how individual objectives are to be achieved.

Plans may be long-term or short-term, directional or specific.

II. Contingency factors in planning:

III. Myths about Planning