continuum (noun, con-tin-u-um, \ kənˈtɪnjuəm \) of planning (noun, plan-ning, \ ˈplænɪŋ \)
Definition: is a business concept stating that planning isn’t an isolated event, but rather a continuous process that starts at the top level of a firm’s hierarchy and cascades downward, passing all its levels and gathering their inputs to determine if any changes are required. The mission of the company’s management is to direct and control this cycle, adding meaning and depth to all of its planning activities. This concept is closely related to planning continuum.
In a Sentence:
- Our management has always subscribed to the continuum of planning idea. Thus, we’re used to changing our plans, according to the input we receive from various departments.
- The CEO of Ry-Corp didn’t believe in a continuum of planning, which affected the firm’s entire course of operations. The board of directors gathered once a year to develop an annual business plan, and it was left unchanged throughout the year, regardless of any trends occurring on the market.
Synonyms and related words: planning continuum, strategic planning, business plan, quality planning, organizational planning
