3.10 Operational Planning

Operational planning deals with the day-to-day plans that are required for a business to function.

Operational plans can be categorized in one of two ways.

Standing Plans

Standing plans are plans that are frequently used and done the same way each time.  Sometimes these are referred to as SOP, Standard Operating Procedures.  General policies and regulations fall in this category.  What a business does when it runs low on inventory could be another example.

Single-use Plans

Single-use plans are, as the name suggests, used only one time.  These might be for an event, such as a new product rollout or project, such as a new building.