The three major types of planning are operational planning, tactical planning and strategic planning. These types of planning occur subsequently. Operational planning facilitates tactical planning, which in turn facilitates strategic planning.Continue Reading
Strategic planning is carried out by top-level management. Long-term plans are drawn in this process, spanning a number of years. Additionally, an organization's mission statement is included in the strategic plan.
Tactical planning covers specific areas of an organization. Short-term plans are made for up to a year in some cases. Middle-level management in an organization executes tactical planning. Tactical plans build up towards a strategic plan.
Specific procedures and processes make up operational planning. It involves outlining routine activities carried out often in an organization. Plans made could either be single-use or continuing plans. Low-level management executes tactical planning.Learn more about Managing a Business