Planning Flashcards
Is the process by which an organization defines its long-term direction
and goals and determines the best way to achieve them.
It involves setting
priorities, focusing energy and resources, strengthening operations, and
ensuring that all stakeholders are working toward common objectives
Strategic Planning
Is the process of preparing for unexpected events or emergencies that
could disrupt an organization’s operations or threaten its goals.
It involves identifying potential risks, such as natural disasters,
economic downturns, or technological failures, and developing
strategies to mitigate their impact.
Contingency Planning
involves translating the broader goals and strategies outlined in the strategic plan into specific, actionable steps that can be implemented by various departments or teams within an organization.
Tactical Planning
Is the process of creating detailed plans for the day-to-day activities of an organization, ensuring that short-term tasks align with broader tactical and strategic goals.
Operational planning