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.