IndexPlanning Concept in PCShort TermLong TermStrategic PlanningConclusionAs we all know, for the success of any organization or anything planning plays a very important and vital role. Decision making in PCs (professional corporations) is decentralized. The model used is dynamic and flexible, in which top management takes decisions calmly and explores and evaluates all possible alternatives before choosing the rationally economical and feasible solution. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get Original Essay Planned decisions are taken by both lower and upper management with proper consultation with lower managers while daily and routine decisions are taken in line middle managers with prior permission or approval of the general manager. In decision making, a department's manager may take steps to make small planes, but these plans should not influence the department much. The planning concept in PCPC uses approximately all horizons for planning, including: Short-term Long-term Strategic planning Short-term In PC short-term planning means that every manager of a department can take steps to make small planes, but these plans should not affect the department much as planning requires some crucial steps, the department manager discusses it with his higher managers and also takes suggestions from his employees too. Long-Term Long-term planning is more similar to strategic planning. When we talk about strategic plan we mean plans that encompass the entire organization, establish overall objectives and position in the organization in terms of the environment. Strategic Planning Without a strategy the organization is like a rudderless ship, spinning in circles. He is like a wanderer who has nowhere to go. “The process of developing and maintaining a strategic fit between the organization's objectives and capabilities and its changing marketing opportunities.” It is based on the development of a clear mission statement that supports objectives, a solid business portfolio and the coordination of functional strategies. Please note: this is just an example. Get a custom paper from our expert writers now. Get a Custom Essay Conclusion Strategic planning of any business consists of step by step steps. The planning itself can be short-term and long-term, divided into points and sub-points. So, this is not a serious matter and if you correctly formulate a plan, you can achieve success in business.