Planning Processes and Techniques

Popularity (by total correct streak): 8
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Cards

Planning the process of setting objectives and determining how to accomplish them  
Objectives and Goals specific results that one wishes to achieve  
Stretch Goals performance targets that we have to work extra hard to stretch to reach  
Plan a statement of intended means for accomplishing objectives  
Complacency Trap when a person is carried along by the flow of events  
Long-Term Plans 3+ years into the future  
Short-Term Plans usu. cover 1 year or less  
Strategic Plan identifies long-term directions for the organization  
Vision clarifies the purpose of the organization and expresses what it hopes to be in the future  
Tactical Plan helps to implement all or parts of a strategic plan  
Functional Plan indicates how a specific operation in an organization will help advance the overall strategy  
Operational Plan identifies short-term activities to implement strategic plans  
Policy a standing plan that communicates broad guidelines for decisions and action  
Procedure a rule describing actions that are to be taken in specific situations  
Budget a plan that commits resources to projects or activities  
Zero-Based Budget allocates resources as if each budget were brand new  
Forecasting attempts to predict the future  
Contingency Planning identifies alternative courses of action to take when things go wrong  
Scenario Planning identifies alternative future scenarios and makes plans to deal with each  
Benchmarking uses external and internal comparisons to plan for future improvements  
Best Practices things people and organizations do that lead to superior performance  
Hierarchy of Goals/Objectives when lower-level goals/objectives are means to accomplishing higher-level ones  
Participatory Planning includes the people who will be affected by plans and/or those who will implement them  

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