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five-year plan
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five-year plan

Long-term strategic plan for the development of a country's economy. Five-year plans were from 1928 the basis of economic planning in the USSR, aimed particularly at developing heavy and light industry in a primarily agricultural country. They have since been adopted by many other countries.



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The organizational development plan will focus on improving company performance by developing the effectiveness of leadership, creating a leadership pipeline, standardizing the process across the company worldwide, and fostering a learning culture to ensure employees have the required tools and skills to successfully execute the five year plan.
Moreover, the cost of new labor contracts is not yet included in the city's five year plan and such costs could be significant.
Water resource projects alone comprise $646 million of the five year plan, with water and wastewater projects requiring $221 million and $401 million, respectively.
 
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