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Contrast of Strategic, Long-term, and Short-term Objectives

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What is the difference among strategic, long-term, and short-term objectives? What is the relationship between objectives and goals? What are some examples of this relationship?

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Solution Summary

Defining and contrasting strategic, long-term, and short-term objectives.

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Strategic goals are the carefully studied goals that the organization expects to achieve in the long term through the process of strategic planning. With strategic planning the organization is able to develop specific objectives/strategies in order to meet their goals. The purpose of strategic planning is to determine where the organization is going and how it's going to get there over the next year and beyond. Therefore, strategic planning is necessary because it lays the ...

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Carmel Philistin, MBA/HCM
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  • BA, Brooklyn College
  • MBA/HCM, Phoenix University
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