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    4 Types of Planning

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    Limar Odalig

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    4 Types of Planning

    Uploaded by

    Limar Odalig
    51 views5 pages

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    51 views5 pages

    4 Types of Planning

    Uploaded by

    Limar Odalig

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 5

    4 Types of Planning (Option 1)

    Effective planning is the foundation of any successful business. Planning revolves


    around organizing priorities and resources and it relates to productivity. Since
    productivity levels directly affect the success of any organization it’s vital that businesses
    are creating plans that work. When there are issues with leadership there are often flaws
    in the company’s plan. When a company improves how they plan they can expect all
    other aspects of the business to improve as well.

    The first step to improving a business plan is to make sure that specific issues are being
    dealt with directly within the plan. This means that there is a clear vision of what a

    successful execution will look like. Set goals and establish markers so that progress can

    be measured and necessary changes can be made accordingly to stay on track.

    Everyone involved should have a clear understanding of what the goals are before the

    plan is ever put in motion.

    There are four types of planning. Each type of plan commits employees within different

    departments and their resources to specific actions. While there are many different

    types, the four major types of plans include strategic, tactical, operational, and
    contingency.

    Here is a break down of what each type of planning entails.


    Operational Plans

    Operational planning can be ongoing or single-use. The latter is usually created for a

    specific event that will only occur once, such as a unique marketing campaign. Ongoing

    plans can include rules and regulations, procedures, and the day to day running of the

    company.

    Strategic Plans
    Strategic planning is the foundation of an organization. Essentially, strategic plans

    dictate the important decisions made within a business. Strategic plans can have scopes

    that range from three years to ten years. These plans include the organization’s mission,

    values, and vision. A good strategic plan always considers things in the long-term and

    remembers the big picture.

    Tactical Plans

    Tactical planning is supportive of the strategic plan. It involves the tactics that will be

    used to execute the strategic plan. Within a tactical plan, there are specific questions that

    need to be answered about what it will take to accomplish the goals set in the strategic

    plan; the most important question being how the company will accomplish the mission.

    This type of planning is very focused and short-term. Tactical plans are sometimes

    flexible and often break the strategy down into several parts and assign actionable tasks

    to each part.

    Contingency Plans

    Contingency planning is important for any business because there is always the

    possibility of unforeseen changes. A contingency plan is created for when the


    unexpected occurs or a major change needs to be made in order to continue towards the

    goal. Not every change can be anticipated which is why it’s imperative to have a

    contingency plan in place. Every business leader should understand the importance of

    having a contingency plan.

    4 Types of Planning in Management (Option 2)

    Now that you got a gist of its importance, here are the 4 types of planning in
    management.

    Operational Planning

    It is the kind of planning required for day-to-day activities. Organisations use such kind
    of planning with extreme detail to clearly identifying the who, what, when, where and
    why of all parties involved.

    And, there are some variations within it.

    Operational planning can be of two types – either single-use plans or ongoing plans.

    Single Use Plans

    As the name suggests, single-use plans can be used only until the objective is
    achieved, after which they are of no purpose.

    Example of single-use plan

    You can think of single-use plan in the context of a marketing campaign. There is one
    specific goal, and once it is achieved, the marketing department may start with a
    different plan for another purpose.

    Ongoing Plans

    Ongoing plans are repetitive in nature and can be modified for evolving purposes in the
    future. They are also characterised by short-term plans.
    Example of an ongoing plan

    An easy example of an ongoing plan is perhaps the planning that goes into
    the recruitment of employees in an organisation. The HR department’s planning here is
    repetitive and short term. Once the objective is achieved, the same process is followed
    in the future with little or no modifications.

    Related: Top recruitment courses

    Contingency Planning

    Also known as ‘special planning’, it is used for situations when changes cannot be
    foreseen. It is that ‘what if’ scenario that a business manager needs to consider so that
    the company does not face losses. That ‘what if’ scenario can be loss of data in a data
    security firm, failed product in the market, etc.

    Probably the recent damaging ‘what if’ scenario for many businesses was the
    pandemic. It was unprecedented. Many organisations that did not have a solid
    contingency plan had to lay off their employees, and most small businesses had to shut
    shop completely. The ones who did, shifted their focus to growth prospects in the cloud
    or digital technologies.

    Strategic Planning

    Strategic planning is used in light of achieving big goals in the long term. It is more of a
    high-level planning done by the top-level managers in the organisation.

    Such a kind of planning in management is used for starting a business. A strategic plan
    includes the vision and mission of the company. It also includes defining timelines,
    establishing KPIs (key performance indicators) and tracking their progress.

    Related: Free business strategy courses

    Its use is also seen when there is a sudden change in the market trend, and the
    business has to adapt to it within a specific timeline.
    Tactical Planning

    Tactical planning refers to task prioritisation for achieving short term goals. This is one
    of the crucial types of planning in management that helps achieve those goals as
    prescribed in a strategic plan.

    In an organisation, tactical planning is approached by mid-level management. The goals


    to be achieved are set for one or two departments and then moving on to the next in a
    tactical plan.

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