ACCA BT Syllabus B. Organisational Structure, Culture, Governance and Sustainability - Anthony Hierarchy - Notes ^{3 / 7}

• Strategic Planning is applied by top managers.  

  It is basically the planning for the long-term future including the definition of where the organisation needs to go and how to get there.

• Tactical Planning looks at the medium term and is more of a specific nature than the strategic planning.  

  It looks at the departmental level and specifies how to use resources.

• Operational Planning looks at the short term (day to day) and is very detailed.  

  This type of planning has a main concern of controlling what is set for the short term.

Strategic plans will have to be translated into medium term tactical plans which in turn need to be converted into detailed performance targets and budgets.