five-year plan
A "five-year plan" is a strategic framework used by governments or organizations to outline specific goals and objectives to be achieved over a five-year period. These plans often focus on economic development, infrastructure improvements, or social programs, providing a roadmap for resource allocation and policy implementation.
Typically, five-year plans include measurable targets and timelines, allowing for progress assessment and adjustments as needed. They are commonly associated with countries like the Soviet Union, which used them to drive industrialization, but many nations and businesses also adopt similar strategies to ensure long-term growth and stability.