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How does strategic planning differ from business management planning?

How does strategic planning differ from business management planning?

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How does strategic planning differ from business management planning?
Strategic Planning : A systematic method used by an organization to anticipate and adapt to expected changes. The IRM portion of strategic planning sets broad direction and goals for managing information and supporting delivery of services to customers and the public and identifies the major IRM activities to be undertaken to accomplish the desired agency mission and goals. A decision-making process in which decisions are made about establishing organizational purposes/mission, determining objectives, selecting strategies and setting policies. Long-term plans based on the organizations overall business objectives. Strategic plans are typically multiple years and reach out 5 or 10 years (or more) using Scenarios or other planning methods that identifies Assumptions, Risks, and Environmental factors. The planning that leads to the implementation of an organization's objectives. Such planning occurs in two phases: (1) deciding on the products to ...

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"Strategic plans are typically multiple years and reach out 5 or 10 years (or more) using Scenarios or other planning methods that identifies..."

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