Hi. Can someone give an example of Long term strategic plan, middle term strategic plan and short term strategic plan? And please explain the strategic plan that you made. Thank you and Godbless, it will be a very big help.
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Answer:
Examples of long-term goals can include: Doubling your revenue over the next 5 years, Decreasing staff turnover, Have 95% of customer feedback be positive.
Example of medium-term planning applies more permanent solutions to short-term problems. If training courses for employees solved problems in the short term, companies schedule training programs for the medium term. If there are quality issues, the medium-term response is to revise and strengthen the company's quality control program.
Example of short-term planning looks at the characteristics of the company in the present and develops strategies for improving them
Explanation:
Of Short-term are the skills of the employees and their attitudes. The condition of production equipment or product quality problems are also short-term concerns.