Short-range plans that usually span one year or less are also referred to as what?

Operational plans are designed to detail the specific processes and actions required to achieve the short-term goals of an organization within a limited timeframe, typically one year or less. These plans focus on the day-to-day functioning of the organization and how resources will be allocated to accomplish immediate objectives.

The characteristics of operational plans include their emphasis on routine activities, resource management, and implementation timelines. They serve as a concrete roadmap for employees, laying out the specific tasks, responsibilities, and timelines necessary to achieve the organizational goals set by higher-level strategic or tactical plans.

In contrast, tactical plans are generally broader and may span a bit longer than one year, focusing on how to achieve the strategic goals laid out by the organization. Strategic plans outline long-term goals and directions for the organization over several years, while contingency plans prepare the organization for unexpected events and are not specifically tied to a one-year timeframe.