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Micheal Heffernan

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Types of Planning in an Organisation

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Flashcards by Charmaynetay, updated more than 1 year ago

	Created by Charmaynetay over 10 years ago

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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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