Everyone has done some sort of planning in their lives. In your personal life, you may regularly plan birthday parties, create grocery lists or pack the right clothes for a vacation. In addition to personal planning, planning is also pervasive in our professional lives. This may consist of scheduling projects based on capacity, putting together budgets and hiring more employees to fill resource requirements. Between both professional and personal lives, we are constantly planning. This makes it easy for us to take for granted the power of making plans and to see them for what they really are.
Because planning may feel like second nature, few realize there are actually many different types of plans used to get results. This is particularly true for planning in a professional capacity. We compiled a list of the five most common types of planning and how they can help companies improve strategy execution. You’ve likely heard of at least a few of these types, but you may not have given them the attention needed to understand the benefits of each type of planning and how they can help you deliver more projects. So, let’s get a little more familiar with planning.