This article was developed in order to collect data regarding the management models that stood out throughout the years and understand the importance of strategic planning for public institutions. Another goal was to identify the management model adopted by the Federal University of Piauí (UFPI) and analyze their Institutional Development Plan (PDI), comparing the actions proposed in the plan and the practical results obtained so far. The methodology used was the case study with an exploratory perspective, which included a bibliographical and documentary approach developed based on principles of the analytical research. In this study, it was found that the UFPI has been able to manage strategically its processes, at the same time that adopts a hybrid management style, containing characteristic features of both the managerial and the bureaucratic management models.