Tuesday, September 11, 2012

Level of plan


1.       Strategic plan: - It is also called corporate plan. It is formulated at corporate by top level of management after detailed environmental scanning. It is a grand plan which covers whole organization. Strategic plan is formulated to achieve strategic goal. It established overall corporate mission, goals and strategies. Strategic plans are long term plans, which involve mission and long term goals. They are grand plans.

2.       Tactical plans: - Tactical plans are formulated by middle level managers. The time period of tactical plan Is shorter than strategic plan. Tactical plans translate broad strategic goals and missions and plan into specific goals and plans. Strategic plans are broad and they must be translated into specific plans. Each strategic plan is formulated through various tactical plans. Departmental and divisional plans are tactical plans which are formulated by departmental and divisional managers.

3.       Operational plan: - Operational plan identify specific procedures and process required at the lower level of organization. Operational plans are those plans which contain details for carrying out or implementing tactical plans in day to day business or activities. Tactical plans are related with actual operation and utilization of resources. The frontline managers or supervisors are responsible for developing and implementing operational planning. They deal with routine work or task. These plans are derived from tactical plans. They are developed to translate the tactical objectives into specific operational activities to be assigned to individual and groups.

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