The purpose of long-term planning is to establish clear goals and a strategic direction for an organization or individual over an extended period. It helps in anticipating future challenges and opportunities, aligning resources and efforts to achieve desired outcomes. Additionally, long-term planning facilitates informed decision-making, ensuring that short-term actions are consistent with overarching objectives. Ultimately, it enhances sustainability and resilience by providing a roadmap for future growth and development.
To save for large purchases in the future
Short-term planning takes care of regular expenses in the near future while long-term planning involves saving for large purchases further in the future.
Strategic planning involves setting long-term goals and determining the best pathways to achieve them, focusing on the organization's vision and mission. In contrast, contingency planning prepares for unexpected events or crises by developing alternative courses of action to mitigate risks and ensure continuity. While strategic planning is proactive and goal-oriented, contingency planning is reactive and focused on risk management. Both are essential for organizational resilience but serve distinct purposes.
Formal planning : written, specific, and long-term focus, involves shared goals for the organization
Strategic planning is about setting long-term goals and determining how to achieve them. Tactical planning is about breaking down those long-term goals into smaller, more manageable tasks that can be completed in the short term.
To save for large purchases in the future
To develop a long term plan for the construction of large projects.
it about finding the possible risk
it about finding the possible risk
To save for large purchases in the future
To save for large purchases in the future.
The purpose of long-term planning is to establish a strategic framework that guides an organization towards achieving its goals over an extended period. It helps identify future opportunities and challenges, allocate resources effectively, and align stakeholders toward a common vision. By anticipating potential changes and setting clear objectives, long-term planning enables organizations to remain resilient and adaptable in a dynamic environment. Ultimately, it fosters sustainable growth and enhances decision-making processes.
They sure should be good at planning. The Long-Range planning division writes the comprehensive plan, area plans, zoning ordinance and subdivision ordinance. They literally plan for the long-term health of the city. The short-range or current planning division enforces the ordinances and does rezoning, site plans, Board of Zoning Appeals cases - anything that takes plan here and now.
Short-term planning takes care of regular expenses in the near future while long-term planning involves saving for large purchases further in the future.
so that you can beat all the losers and see the lame thing you've planned to see for a long, boring, time.
Short-term planning takes care of regular expenses in the near future while long-term planning involves saving for large purchases further in the future.
"Until I retire."This is the best answer or else you can answer like " As long as you can do something that the company will be growing".