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Strategic Planning:-
Strategic plan is designed with entire organisation mission in mind and top level management will design and execute the strategic plans to paint the future and long term goals of the orginasation. Strategic plans look ahead to where the orginasation wants to in three or five years.
Tactical Planning:-
Tactical planing supports strategic plans by converting into specifc plans relevent to specific area of the orginasation. This plans are concerned with responsibility and functionality of middle/lower level management to fulfil their task/part of the strategic plans.
Strategical planning is a process or expertise of an organization to implement, to accurately reconcile, to lessen the cost and to increase revenue of the company by allocating their resources to achieve the strategy. Most of the time the top management do the strategical planning.
Most of the managers do the tactical planning within the operating cycle of an organization such as: marketing, personnel, operations, finance and facilities management.
Strategic planning is an attempt to reconcile the strategic behavior, and the idea of the scheme, and strategic planning articulation built on the strength and weaknesses of the company with the opportunities and threats of the environment, as the pair market-product is a way to link the institution and its environment
And was the American writer I.H.Ansoff a prominent role in the emergence of strategic planning, where he linked between the enterprise and its surroundings in his famous book, "Corporate strategy" 1965.
Strategic planning is only the resultant of a succession of choice, possibly involving a return backwards to ensure the coherence and feasibility.
-Strategic Planning:
To develop long term plan performed by top-level management executives ; for using the firm's resources within the boundaries set by the firm mission.
-Tactical planning: is short term planning made and carried out by middle managemnet managers.
