Planning Processes and Techniques
Popularity (by total correct streak): 8
Popularity (by number of users): 1
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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