Long-term planning

Definitions

The process of setting goals and strategies that extend over a significant period, typically several years.

A systematic approach to decision-making focused on achieving future objectives rather than immediate results.

Examples

Effective long-term planning is essential for the sustainable growth of any business.

The city council is focusing on long-term planning to address future infrastructure needs.

Without careful long-term planning, it is difficult to achieve your financial goals.

Synonyms

Strategic planning Forward planning Long-range forecasting Proactive strategy Future-proofing Visionary planning Extended horizon planning

Antonyms

Short-termism Reactive planning Ad hoc decision-making Improvisation Spontaneity Immediate gratification Tactical response