Following are the differences between strategic planning and operational planning:
1. Time horizon
Strategic planning looks ahead several years. So, it is long-term planning. Operational planning involves one year or even less. So it is short-term planning.
2. Level of management
Strategic planning is done at higher level of management. It decides major goals and policies. Operational planning is done at lower levels of management. It decides the details about the use of the resources.
3. Degree of details
Strategic planning is less detailed because this planning is not involved in day-to-day operations. Usually it is simple and generic. Operational planning is more detailed because it is involved with the day to day operation of the organization.
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4. Degree of uncertainty
Strategic planning is generally based on long-term forecasts about technology, political and legal environment. So, it is ,ore uncertain. Operational planning is generally based on the past performance. So, it is less uncertain.
