The-definition.com

Definition

Planning mode

The strategic formality associated with large firms that operate under a comprehensive, formal planning system.  They are basically under the control of a single individual, and they produce a limited number of products or services. In such firms, strategic evaluation is informal, intuitive, and limited.

Very large firms, on the other hand, make strategic evaluation part of a comprehensive, formal planning system, an approach that Henry Mintzberg called the planning mode.

Share it:  Cite

More from this Section

  • Social Factors
    The social factors that affect a firm involve the beliefs,values,attitudes,opinions,and ...
  • Self-managed work team
    Self-managed work team is a type of work team that operates without a manager and is responsible ...
  • Motivation
    Motivation refers to the process by which a person’s efforts are energized, directed, ...
  • Management
    Management is a term that involves coordinating and overseeing the work activities of ...
  • Quantitative approach
    The use of quantitative techniques to improve decision making, is called quantitative ...