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Management

Types of Planning (7)

In this article we will discuss Types of Planning (7)

Types of Planning (7)

Difference between Strategic Planning and Operational Planning
Apart from the period of time involved in strategic planning and operational planning,
there are certain differences between the two. The major differences between the two are
as follows:
(a) Range of Choice: Strategic planning guides the choice among the broad directions in
which the organization seeks to move and allocation of its financial, physical, and
human resources over future specified period of time. Operational planning, on the other hand, focuses on the ways and means in which each of the individual functions may be programmed so that progress may be made towards the attainment of
organizational objectives.

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