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Types of Planning in an Organisation

Resource summary

Question Answer
3 TYPES OF PLANNING 1. Strategic 2. Tactical 3. Operational
STRATEGIC Managers determine the org's mission/basic purpose & the set means of doing it Done by: Top Management Ans 2 key qns : What and How to do it Long term- often 5 years or more
TACTICAL Translates strategies into shorter-term tactical plans Focus on: marketing, personnel, production & finance Middle - Management, 1-3 years More specific & concrete than strategic plans
OPERATIONAL Concerned with budgets, quotas, schedules Lower - levels/ supervisors, < 1 yr Spell out specifically what must be accomplished over a short time period in order to achieve operational goals
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