Thursday, January 28, 2010

Types of Plans



Frequency of use: how frequently a plan is being used, one time or most of the time?
Single use plan: A plan which is used for a single purpose e.g. project.
Standing plan: A plan which is made for the activities performed on repeated basis e.g. discipline, hiring, dismissal, salaries, illness etc
Time frame:
Long term plan: Plan for the period of more than 3 years.
Intermediate plan: Plan for the period of 3 years.
Short term plan: Plan for the period of one year or less than a year.
To capture the whole market or to become a market leader (long term plan)
Opening of different offices in different locations (intermediate plan)
Hiring new employees and giving training to existing employees (short term plan)
Breadth (size) wise:
Strategic plans: long term plans involving a direction e.g. to become a market leader but how? By providing good quality product, good marketing etc.
Operational plans: plans which are made to carry out operational activities like activities in process, short term in nature.

2 comments:

  1. I think there is another type of planning,which is strategic planning, or strategic managment, that's comes in teh long-term planning. strategic managementand long-term planning are almost the same.
    Goodbye.

    ReplyDelete
  2. Thank you Jabar Jan. Yes, i have mentioned that one as well. Thanks for sharing your points of view. I really appreciate that.

    Best of luck.

    ReplyDelete