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Strategic Planning is concentrated towards attaining the long-term objectives of business. On the other hand, operational planning is done to achieve short-term objectives of the company. These are used to set priorities and align the resources, in such a way that leads to the accomplishment of business goals. Take a read of the article given below, to understand the difference between strategic planning and operational planning.
Comparison Chart
Definition of Strategic PlanningStrategic Planning is a planning process undertaken by the top level management, to decide Where the organization wants to reach in future? And What should be done to pursue the organizational vision, mission, and objectives? It is an analytical process which examines the micro and macro environment of business. The process is used to define the company’s vision, ambitions, and set priorities to make a route that will lead the company towards its ultimate goal. Strategic Planning Process The planning is not made for a particular department or unit, but it covers the entire organization. The strategic planning is done to determine the factors of the internal and external environment which directly influences the organization. The plan focuses on the enduring development of the organization. The tools used in this process are:
These tools help the management to design a strategy considering various elements, that will lead the organization towards its vision. Definition of Operational PlanningThe process which predetermines the day to day activities of the business is known as Operational Planning. The planning is done to support the strategic planning to accomplish the organizational goals. In this process, short run objectives of the company are determined as well as a means to achieve those objectives are also discovered. Middle-level management performs the function of the operational planning process. It includes planning of regular business activities and operations for a short period. Under this process, the organization is classified into the various department, division, unit, and center for which planning is performed individually, which is aligned with the strategic planning to reach the organization’s vision. The following are the features of Operational Planning:
Key Differences Between Strategic Planning and Operational PlanningThe following are the differences between strategic planning and operational planning:
ConclusionAs we have discussed in the beginning that planning can be done for anything, so in a business organization it can be done for various purposes right from reaching the vision to its regular business activities, but their names, ways, and planning techniques are different. Strategic Planning and Operational Planning are two types of planning process performed by the managers and executives of the organization. Strategic Plans are made to achieve the vision, mission, goals, and objectives. On the other hand, Operational Plans are made to effectively perform the basic activities of the business in order to achieve tactical objectives. What is the difference between operation and strategy?Therefore, strategy is working ON your business, while operations is working IN your business. To maximize your next strategic planning session, we recommend familiarizing yourself (and your team) with the strategic and operational planning processes.
What is the difference between strategic and operational decisions?Strategic management focuses on the future of the company, expanding a business plan to last for three to five years. Operational management, however, focuses on more short-term ideas and implementation tactics. Leaders using operational management may create plans that consider up to a year in the company's future.
What is the difference between strategic tactical and operational?Strategic plans are based on longest-term planning horizon, operational plans shortest planning horizon (even on a day-to-day basis), and tactical plans, in between. In terms of relationships, operational plans lead to the achievement of tactical plans, which in turn lead to the attainment of strategic plans.
What is the difference between strategic and operational objectives?The most important difference between a strategic and an operational objective is its time frame; operational objectives are short-term goals, while strategic objectives are longer-term goals.
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