IGNOU BRL 3 2017 2018 - Describe different types of plans in an organization

Question

Describe different types of plans in an organization

07 Mar 2018

Answer :

Word Count : 790

Plans in an organization serve as roadmaps for achieving specific objectives and goals. They provide direction, allocate resources, and guide decision-making processes. Depending on their scope, time frame, and purpose, plans can take various forms. Here are different types of plans commonly found in organizations:

1. Strategic Plans:
- Purpose: These plans focus on an organization's long-term goals and overall direction.
- Scope: Typically cover a 3-5 year horizon or even longer.
- Content: They define the organization's mission, vision, values, and establish strategic objectives. They often involve high-level decision-making about markets, products, and competitive positioning.
- Example: A strategic plan might include expanding into new markets, launching innovative products, or restructuring the company.

2. Tactical Plans:
- Purpose: Tactical plans bridge the gap between strategic plans and day-to-day operations.
- Scope: Typically cover a 1-2 year period.
- Content: These plans break down strategic objectives into actionable steps. They may involve

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