plan

Examples of plan in the following topics:

• Overview of Types of Strategic Plans

  • The broader overview of strategic plans, as well as the five subgroups within strategic planning, provide businesses with direction.
  • Short-range plans: Short-range plans generally apply to a specific time frame in which a specific series of operations will be carried out, assessed, and measured.
  • Long-range plans are those most closely related to the overall strategic-planning process.
  • Single-use plans:As opposed to standing plans, single-use plans cover a specific operation or process that is an outlier to normal operations.
  • Differentiate between the five general planning frames and recognize considerations that must be made prior to planning

• Starting a Small Business: Business Planning

• Benefits of Strategic Planning: Focus, Action, Control, Coordination, and Time Management

  • In short, planning, if executed properly, should lead to the following benefits:
  • This is how planning achieves focus.
  • This is alleviated through detail-oriented planning processes.
  • Perhaps the most important benefit of developing business and marketing plans is the nature of the planning process itself.
  • The plan and the discussions that arise from it provide an agreed context for subsequent management activities, even those not described in the plan itself.

• Human Resource Planning

  • Human resource planning serves as a link between human resource management and the overall strategic plan of an organization.
  • Competency-based management supports the integration of human resource planning with business planning by allowing organizations to assess the current human resource capacity based on employees' current skills and abilities.
  • Corrections are then made as needed to the broader human resource planning process.
  • It is a constantly evolving planning process for human resource professionals.
  • Organizations gain an advantage by planning the implementation of their people.

• Defining Strategic Planning

  • Strategic planning is concerned with defining company goals and determining the resources needed to achieve them.
  • Strategic planning is an organization's process of defining its strategy and making decisions on how to allocate resources to pursue that strategy.
  • Strategic planning generally deals with at least one of three key questions:
  • There are many approaches to strategic planning, but typically one of the following approaches is used.
  • Assess the definition of planning in context with strategy and the various planning process approaches

• Overview of Inputs to Strategic Planning

  • Strategic plans can take the form of business or marketing plans, and consultants and industry experts are used in their development.
  • A business plan is a formal statement of a set of business goals, the reasons they are attainable, and the plan for reaching them.
  • For example, a business plan for a nonprofit might discuss the fit between the business plan and the organization's mission.
  • Marketing plans span between one and five years.
  • A marketing plan may be part of an overall business plan.

• Fulfilling the Planning Function

  • Planning involves the creation and maintenance of a given organizational operation.
  • To meet objectives, managers may develop plans, such as a business plan or a marketing plan.
  • Generally, strategic planning deals with at least one of three key questions:
  • Draw-See-Think-Plan: Draw – What is the ideal image or the desired end state?
  • Plan – What resources are required to execute the activities?

• Planning a Project

  • Identifying stages in a project plan, complete with objectives, implementation, and assessment, is a primary responsibility of strategists.
  • Planning and design: Planning and design brings the project under the microscope by assessing the smaller details.
  • Monitoring the operation for ways to increase value can redirect the strategic-planning cycle back to the planning-and-design stage.
  • As shown in the figure, there are five basic strategic management steps in the planning cycle.
  • Outline the five basic stages in the planning cycle as derived within the field of strategic management

• Implementing Strategy

  • Strategic planning involves managing the implementation process, which translates plans into action.
  • Accountability is critical to the action plan process.
  • One of the core goals when drafting a strategic plan is to develop it in a way that is easily translated into action plans.
  • Most strategic plans address high-level initiatives and overarching goals but are not always translated into the day-to-day projects and tasks required to achieve the plan.
  • Often, plans are filled with conceptual terms that do not connect to day-to-day realities for the staff that is expected to carry out the plans.

• Bureaucratic Control

  • The quality control cycle improves processes through a continuous cycle of planning, doing, checking, and acting.
  • The quality control life cycle is an ongoing cycle of planning, monitoring, assessing, comparing, correcting, and improving products or processes.
  • PDCA (plan–do–check–act or plan–do–check–adjust) is a four-step management method used in business to control and continuously improve processes and products.
  • It is also known as the Deming circle/cycle/wheel, Shewhart cycle, control circle/cycle, or plan–do–study–act (PDSA).
  • Do: In this step, a business implements the plan, executes the process, and makes the product.