The basic steps in any planning process.
The relationship between strategic planning, tactical planning, and operational planning.
The elements of a basic SWOT analysis
I learned that the Strategic planning is a process where top-level management sets long-term organizational goals and determines where an organization is going over the next year or more -typically 3 to 5 years, although some extend their vision to 10 to 20 years. Middle managers interpret these goals and develop tactical plans for their departments that can be accomplished within one year or less. Supervisors within departments implement operational plans that are short-term and deal with the day-to-day work of their team. Short-term goals are aligned with the long-term goals and can be achieved within a month, quarter or up to one year.Management planning is the process of assessing an organization's goals and creating a realistic, detailed plan of action for meeting those goals. Much like writing a business plan, a management plan takes into consideration short- and long-term corporate strategies. The basic steps in the management planning process involve creating a road map that outlines each task the company must accomplish to meet its overall objectives.Businesses usually incorporate several different facets of decision making, most notably – strategic, tactical and operational. Strategy focuses on the overview and direction of a plan. Tactical and operational decision making focuses upon more detailed plans; however, each still incorporates several differences.Tactical planning is short range planning emphasizing the current operations of various parts of the organization. Short Range is generally defined as a period of time extending about one year or less in the future. Managers use tactical planning to outline what the various parts of the organization must do for the organization to be