Differentiate between strategic planning and tactical planning. - Vidyadip

Question

Differentiate between strategic planning and tactical planning.

✓

Answer

Basis of comparison	Strategic plan	Tactical plan
Developed by	Developed by upper level management.	Developed by lower level management
Time period	Developed for long term	Developed for short term
Gathering fact and information	It is difficult to gather facts and information for these plans.	It is easier to gather facts and information for these plans.
Orientation	Towards the future	Towards the present condition
Based on	These plans are based on prediction and forecasting.	These plans are based on known situations that exist within the organization.

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