future planning
/ˈfjuːtʃər plænɪŋ/ · fu·ture plan·ning
noun
- The process of creating and implementing a plan for future events, goals, or objectives. The company's future planning department is responsible for forecasting market trends and developing strategies to stay competitive.
- A plan or strategy for future events, goals, or objectives. The company's future planning document outlines its vision for the next five years and provides a roadmap for achieving its goals.
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Did you know? The concept of future planning has been around for centuries, with ancient civilizations such as the Egyptians and Greeks planning for future events and building long-term infrastructure projects.