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STRATEGY AND TACTICS.

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What is difference between strategy and tactics, and how can understanding this difference help your organization make better decisions?

Select one element of the strategic planning process and
explain why that element is critical to strategic planning.

What output could I expect to see as the result of strategic planning in the automobile industry? What value will strategic planning have on that industry

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What is difference between strategy and tactics, and how can understanding this difference help your organization make better decisions?

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Strategy is 'any long-term plan', which will be the product of 'the art of conducting a campaign and manoeuvring an army.' Tactics are 'purposeful procedure' achieved by exercising 'the science or art of manoeuvring in presence of the enemy'. The two are as close as Siamese twins. Companies need the twin skills - those of the strategist, who can select the right long-term objectives and envisage the means that will reach those goals: and those of the tactician, who will deploy those means in a series of manoeuvres - short, medium and long-term - to ...

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