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A.6 Dimensions/Types of Plans Organisations establish many different kinds of plans. At a general level, these include a) Plans based on functions/activities
to be performed, b) Plans based on time frames, c)
Contingency plans, d) Single use plans, e) Standing
plans or repeated use plans, and f) Kinds of enterprise plans
(A) Plans Based on Functions/Activities to be performed This takes into consideration the following hi bStrategic Plans These are plans that are generally developed by top management in consultation with the board of directors and with middle management. Strategic
plans focus on the broad, enduring issues for ensuring firm’s effectiveness and survival over mission and may describe a set of goals to move a company into the future. Such plan is usually comprehensive, long-term and relatively general in nature. Furthermore, strategic plans are detailed action steps mapped out to reach strategic goals. They also represent management plans based on macro approaches for analyzing
organizational features, resources, and the environment and establishing long-term corporate-wide action programmes in order to accomplish the stated objectives in the light of that analysis. These plans address such issues as how to
respond to changing conditions, how to allocate resources, and what actions should betaken to create a unified and powerful organisation- wide effort ultimately aimed at strategic goals (Thompson Jr,
and Strickland III, 1987). To be effective, a strategic plan should
meet the following criteria, these area)
Proactivity – which means the degree to which the strategic plan takes a long-term view of the future and actively moves the company forward in the desired direction. bib Congruency – that is, the extent to which the strategic plan fits with organizational characteristics and the external environment.
(c)
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