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assignment rating - warm

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assignment rating - hot

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financial plans/budgets

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Example; working from home during covid

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Collaborative  brain-dump meetings with all stakeholders 

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Collaborative  brain-dump meetings with all stakeholders 

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the whole plan is completed over a short period of time so is tested in real time

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where businesses try to adapt to the situation. Kind of doing an educated 'kentucky windage' (wing it)

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long-term plan to have a better prepare for future- shock

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long-term plan to have a better prepare for future- shock

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what happens if there is a weather crisis and coffee beans will be affected

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what happens if there is a weather crisis and coffee beans will be affected

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This is a structured process where the organisation works together, from the highest level to the lowest level, to develop objectives together and to work out together how you’re going to review results and how you’re going to implement your plans. 

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This is a structured process where the organisation works together, from the highest level to the lowest level, to develop objectives together and to work out together how you’re going to review results and how you’re going to implement your plans. 

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Involving all of those affected by the plan in the planning process.

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Involving all of those affected by the plan in the planning process.

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includes MBO - input and involvement of different stakeholders

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Uses input from stakeholders to work towards a common goal

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Strategic plans define long‐term needs and set action directions for the organisation.

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Managers develop a scenario of some situations that might happen in a short to medium term and involving a number of different factors in planning what’s going to happen into the future. 

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Managers develop a scenario of some situations that might happen in a short to medium term and involving a number of different factors in planning what’s going to happen into the future. 

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Where businesses try to 'guess' the future based on what has happened in the past. e.g; airports forecasting passenger growth post covid

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 look to an organisation or a competitor who you can compare yourself with to see how they are undertaking their activities and how they are preparing for the future 

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 look to an organisation or a competitor who you can compare yourself with to see how they are undertaking their activities and how they are preparing for the future 

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Macca's vs Hungry jacks

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Fast Paced "on the fly" i.e COVID return to work or operating procedures 

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Fast Paced "on the fly" i.e COVID return to work or operating procedures 

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attempts to predict what might happen in the future, is a planning aid.

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looks to an organisation or a competitor who you can compare with

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to predict future revenue based on current price data 

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to predict future revenue based on current price data 