What Types of Plans Do Managers Use and How Do They Develop Those Plans?
Managers need plans to help them clarify and specify how goals will be met. Let’s look first at the types of plans managers use.
Types of Plans
The most popular ways to describe plans are in terms of their breadth (strategic versus tactical), time frame (long term versus short), specificity (directional versus specific), and frequency of use (single-use versus standing). As Exhibit 5–7 shows, these types of plans aren’t independent. That is, strategic plans are usually long term, directional, and single-use. Let’s look at each type of plan.
Exhibit 5–7
Types of Plans
BREADTH OF USE | TIME FRAME | SPECIFICITY | FREQUENCY OF USE |
---|---|---|---|
Strategic | Long term | Directional | Single use ... |
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