Strategic Planning Strategic And Tactical Planning

To be successful a leader or manager must have vision, and to have that vision come to fruition the leader must align that vision with goals, but the only way to achieve those goals is through planning. Every plan needs to operate like a map to success. Strategic and tactical planning, when used correctly, represent planning models that can lead companies forward toward the vision of their leaders, and the attainment of the goals those leaders have developed. Strategic and tactical planning work together. Strategic planning focuses on the big picture, and tactical planning supports that big picture by focusing on various items within it. Strategic Planning Once a leader has a vision, and set goals, unless it is a very short term goal, then strategic planning is often the best model to use to see that vision come to light. Strategic planning focuses on the big picture, and uses long term planning models to successfully arrive at the established goals for a company (Simerson, 2011). A strategic plan is action focused, and sets the parameters for how to move a company towards goals (Barnat, n.d.). Strategic planning is often hard to implement within a business because it is difficult to define fully, and getting hung up on defining strategic planning can lead to confusion (Molvig, 1993). Strategic planning requires research. Because it is a long term planning model, it gives time for review and recognition while following the plan to fruition (Simerson, 2011). Using strategicShow MoreRelatedStrategic Planning : Strategic And Tactical Planning1037 Words   |  5 PagesIn my facility, we take a regimented approach to strategic and tactica l planning. There are usually multiple committees formed and operational at any given time, addressing various operational and clinical organizational needs. The committee meetings are highly structured in their approach to identifying the problem, brainstorming for potential solutions, and determining implementation and monitoring/feedback methods. After each meeting, a document is created to â€Å"map out† the short and long termRead MoreLeadership Strategies For A Leader1116 Words   |  5 Pages There are two different types of planning that can be used in the process of setting goals. They are similar in the sense that they both align and unify efforts. However, they are quite different in their scope of influence and they are utilized at different times during the process. Strategic planning is the first type. It is very broad in its scope and focuses on the long term direction of the entire organization (Simerson, 2011, p. 3). This type of planning may include outlines for 15 to 20 yearsRead MoreStrategic Planning Within Ge927 Words   |  4 PagesThe strategic planning process is the formulation of the company’s major objectives and execution plans. This process is of particular interest in GE. Strategy formulation is the process of choosing the best methods for a company where customer needs; competitive position and internal capability are the three factors that play the main role in strategic planning. Every manager needs to have at least a simple notion of st rategic planning to formulate his strategic plans. Strategic Planning is a wideRead MoreA Look Into Halliburtons Planning Strategies1428 Words   |  6 PagesManagement Planning Paper: A Look into Halliburton’s Planning Strategies Michael-Paul Battle University of Phoenix October 8, 2009 Management Planning Paper Halliburton is one of the largest providers of products and services to the oil and gas industry. 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Therefore, by setting strategic goals and tactical goals can organizations create strategic communication. Strategic goals within organizations, let leaders set goals for overall objectives for their organization; therefore, communication organization goals. While tactical goals achieve departmental objectives in the context of overall strategic goals. One of the utmost important direction is leadership to employee communication. Strategic Planning Tools Strategic goals should link into theirRead MoreHid Case Study961 Words   |  4 Pagesnot yet established. It is still not clear which places they will penetrate. HID is not yet ready to formulate their strategic plan because of the fact that they are not even uniformly informed of the company’s mission. . They need to align have to resolve first their company mission/vision and then develop their strategic plans make their company goals followed by tactical and operational goals.. In addition to this, the company also need to consider its resources. 2. If I were Keith, IRead MoreManagement and Company1091 Words   |  5 Pagesthe following: †¢ Evaluate the planning function of management as it relates to the organization’s goals and strategies. Use steps in the planning process outlined in the text. †¢ Analyze the influence that legal issues, ethics, and corporate social responsibility have had on management planning at BP. Provide at least one example for each. †¢ Analyze at least three factors that influence the company s strategic, tactical, operational, and contingency planning. Planning Part of the management functionRead MoreGoals And Objectives Of Southwest Airlines1048 Words   |  5 Pagesthree types of goals that can be set by any given organization, and these goals are arranged in a hierarchy from top to bottom. Achieving the low-level goals that become a means of achieving the higher-level goals; strategic, tactical and operational goals (Davis, 1996). Strategic goals are set by those in top management and also mainly meant for the top echelons of an organization that are concerned with the main objectives of an organization. Take for instance Southwest Airlines, the main objectiveRead MoreBusiness Intelligence-Business / Alignment With The Business Strategy775 Words   |  4 Pages(TPS), and Online Transactional Processing (OLTP) systems. This academic paper will discuss Business Intelligence, (IT)-Business/ Alignment with the Business Strategy. Also, there will be an initiative to describe both objectives and levels of strategic planning, including, how each can be supported by (DDS). Initially, we begin by discussion of Business Intelligence (BI). Summary Most companies several years ago probably choose to extend their traditional Information Systems (IS), outward to include