Planning Flashcards
Types of Goals that are developed in a top-down hierarchy called means-end chain
Strategic Goals
Tactical Goals
Operational Goals
Strategic Goals
Developed by top-level managers and are broad, long-term goals designed to meet the overall objectives defined by the mission statement.
Tactical Goals
Developed by mid-level managers. Generally short-term and include department and task specific goals.
Operational Goals
Developed by lower-level managers. Address the specific work needed to accomplish the tactical goal. Very specific and highly measurable.
Types of Plans that are developed from the top-down (means-end chain).
Strategic Plans
Tactical Plans
Operational Plans
Contingency Plans
Strategic Plans
Allocate time and resources to meet the major objectives of the organization as determined by the strategic goals.
Tactical Plans
Mid level managers then take their part of the strategic plan and create tactical plans in order to meet their assigned goals.
Operational Plans
Given to the lower level supervisors for execution by the workers.
Contingency Plans
These are there to adapt to any changes that might complicate things.