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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.

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