Meaning of Short/Long range planning - Peter Drucker

According to Drucker - The Idea of Short - Long range planning is very often misunderstood. They are not determined by any given Time span.

A decision is not short range because it takes only a few months to implement or long range because it takes a year to do so.

What matters is the time span over which it is Effective

Comments

Popular posts from this blog

Freemium Pricing Model: 25% of Europe's Most Profitable Airline's Seats Are Virtually Free

How Zara became successful through efficient use of technology

Did you know? The company that help put man on Moon also ran the first TV ad