What are the stages of the planning cycle?
These include: data collection and analysis; issue identification; formulating goals and objectives; selecting policies and tools; and formally adopting the plan.
- Gather Information.
- Set objectives of the plan.
- Devise strategies to meet goals.
- Implement your plan.
- Monitor plan performance.
- Evaluate the effectiveness/success of your plan.
Setting objectives is the primary step in planning. Objectives or goals specify what the organisation wants to achieve.
Strategic planning is usually used for long-term operations, while tactical and operational planning are used in short-term goals and resource projection. Tactical planning is a significant part of the planning process, and it is the step in which employees identify and prioritize their goals.
Strategic planning process steps
Determine your strategic position. Prioritize your objectives. Develop a strategic plan. Execute and manage your plan. Review and revise the plan.
Thus, we distinguish three dimensions of plan quality, as follows: quality of documentation (comprehensiveness), quality of policy focus (strength), and quality of discourse (persuasion) (as shown above in Figure 1).
conceptualizing as one grouping of activities what are in fact three distinct planning tasks-program design, program implementation, and program operation.
- Corporate level strategy: This level answers the foundational question of what you want to achieve. ...
- Business unit level strategy: This level focuses on how you're going to compete. ...
- Market level strategy: This strategy level focuses on how you're going to grow.
The entire process of planning consists of many aspects. These basically include missions, objectives, policies, procedures, programmes, budgets and strategies.
- Environmental Scanning. Environmental scanning is the process of gathering, organizing and analyzing information. ...
- Strategy Formulation. ...
- Strategy Implementation. ...
- Strategy Evaluation.
What is the 3rd step in basic planning model?
Step 3 – Identify specific actions or strategies that must be implemented to achieve each goal.
The three levels of planning are strategic, tactical and operational.

The planning cycle involves the following key actions: 1) Identify the problem/issue you seek to address. 2) Set SMART goals and objectives. 3) Identify and collaborate with key stakeholders. 4) Design activities to achieve goals and objectives.
The 3 Cs are: Company, Customers and Competitors - the three semi-fixed environmental factors in your market.
According to the PMBOK Guide (Project Management Body of Knowledge) by the Project Management Institute (PMI), a project management life cycle consists of 5 distinct phases including initiation, planning, execution, monitoring, and closure that combine to turn a project idea into a working product.
- Step 1: Environmental Scan. ...
- Step 2: Internal Analysis. ...
- Step 3: Strategic Direction. ...
- Step 4: Develop Goals and Objectives. ...
- Step 5: Define Metrics, Set Timelines, and Track Progress. ...
- Step 6: Write and Publish a Strategic Plan. ...
- Step 7: Plan for Implementation and the Future.
- Mission, vision, and aspirations.
- Core values.
- Objectives, strategies, and operational tactics.
- Measurements and funding streams.