Tuesday, October 18, 2016

Planning & its types



A planning is a trap laid to capture the future ---Allen

Types of planning:-
On the basis of breadth
·         Strategic plan: Planning for entire organization and to establish overall goals.
·         Operational plan: Planning for covering specific or particular area or department only.
On the basis of time frame
·         Short term plan: Planning that covers <1 year
·         Intermediate plan: Planning that covers >1 year & <3years
·         Long term plan: Planning that covers >3years
On the basis of specificity
·     Directional plan: Plan which involves with uncertainty and must be flexible in order to respond with changes.
·         Specific plan: Plan which involves with certainty and must be rigid in order to respond with changes.
On the basis of frequency of use
·         Single use plan: Plan which used only for once.
·         Standing plan: Plan which can be used more than once.