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    Tactical Planning: - by Suresh Singh B.K. Msc. Ise (Ii Sem.) Hist

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    Sameer Kshitiz
    Tactical planning translates broad strategic goals into specific, short-term goals for functional areas or business units within an organization. Tactical plans are developed by mid-level managers and involve determining what needs to be done, who will do it, and how it will be done to achieve strategic objectives over a period of one year or less. The steps of tactical planning include creating a mission statement, assessing the current situation, stating goals, specifying assumptions, creating the plan, implementing the plan, and evaluating results. Tactical plans guide implementation of the strategic plan and ensure resources are available to achieve goals.

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    Tactical Planning: - by Suresh Singh B.K. Msc. Ise (Ii Sem.) Hist

    Uploaded by

    Sameer Kshitiz
    182 views8 pages
    Tactical planning translates broad strategic goals into specific, short-term goals for functional areas or business units within an organization. Tactical plans are developed by mid-level managers and involve determining what needs to be done, who will do it, and how it will be done to achieve strategic objectives over a period of one year or less. The steps of tactical planning include creating a mission statement, assessing the current situation, stating goals, specifying assumptions, creating the plan, implementing the plan, and evaluating results. Tactical plans guide implementation of the strategic plan and ensure resources are available to achieve goals.

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    Business Planning Management

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    TACTICAL PLANNING-FINAL

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    Tactical planning translates broad strategic goals into specific, short-term goals for functional areas or business units within an organization. Tactical plans are developed by mid-level managers and involve determining what needs to be done, who will do it, and how it will be done to achieve strategic objectives over a period of one year or less. The steps of tactical planning include creating a mission statement, assessing the current situation, stating goals, specifying assumptions, creating the plan, implementing the plan, and evaluating results. Tactical plans guide implementation of the strategic plan and ensure resources are available to achieve goals.

    Copyright:

    © All Rights Reserved
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    Download as pptx, pdf, or txt
    182 views8 pages

    Tactical Planning: - by Suresh Singh B.K. Msc. Ise (Ii Sem.) Hist

    Uploaded by

    Sameer Kshitiz
    Tactical planning translates broad strategic goals into specific, short-term goals for functional areas or business units within an organization. Tactical plans are developed by mid-level managers and involve determining what needs to be done, who will do it, and how it will be done to achieve strategic objectives over a period of one year or less. The steps of tactical planning include creating a mission statement, assessing the current situation, stating goals, specifying assumptions, creating the plan, implementing the plan, and evaluating results. Tactical plans guide implementation of the strategic plan and ensure resources are available to achieve goals.

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    © All Rights Reserved
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    Download as pptx, pdf, or txt
    of 8

    TACTICAL PLANNING

    -By Suresh Singh B.K.


    MSc. ISE (II Sem.)
    HIST
    Introduction:
     A tactic is the operational means (action) by which an organization intends to reach its objectives.
    Tactics are the means needed to activate a strategy and make it work.
     Also known as coordinative or functional plan or action plan.
     Tactical planning translates broad strategic goals and plans into specific goals and plans relevant to a
    definite portion of the organization, often a functional area such as marketing or human resource.
     The tactical plan is the plan which is concerned with the integration of various organizational units
    and ensures implementation of strategic plan on day to day basis.
     A tactical plan is concerned with what the lower level units within each division must do,
    how they must do it, and who is in charge at each level i.e. a tactical plan answers the following
    questions:
    1. What is to be done?
    2. Who is going to do it?
    3. How is it to be done?
     It involves how the resources of an organization should be used in order to achieve strategic goals.
     These plans usually span one year or less because they are considered short-term goals.
     Instead of focusing on the entire corporation, tactical plans typically affects a single
    business within an organization.
     Tactical plans are concerned with implementation of strategic plans into specific goals for
    specific parts of the organizations by coordinating the work of different departments in the
    organization.
     Creating tactical plans is usually handled by mid-level managers
      It provides detailed information that helps everyone on a team understand what is
    expected and required to achieve a goal.
     For example, if a company's strategic plan is to become a market leader, its
    tactical plan might be to double the amount spent on advertising and
    marketing.
    Scope of Tactical Planning:
     Managers use tactical planning to outline what the various parts of the
    organization must do for the organization to address a short-term goal and to
    be successful at some point one year or less into the future.
     Tactical plans are usually developed in the areas of production, marketing, finance
    and plant facilities.
    Why organization make tactical plans:
     Tactical or department planning drives the execution of the strategic plan through all
    levels of the organization i.e. turns strategy into actions.
     Tactical plans serve as a guide to action through the establishment of policies, rules
    and procedures. Any organization without define policy lacks proper direction
     In tactical plans, objective are established which are not only offer a means of
    measuring the performance, but are also means of achieving any improvement in what
    has been done before.
     Tactical plans eliminate bottle necks in operations. For example, it ensures that require
    resources are available when needed and thus ensuring continuity of operation.
     The tactical plan considers time facts especially in terms of operation and other
    activities that is involved.
    Steps for Tactical Planning:
     Gate wood, Taylor, Ferrel (1995) have identified following steps of tactical planning. This includes:
    1. Creating the mission statements
    2. Assessing the current situation
    3. Stating goals
    4. Specifying assumption
    5. Creating the plan
    6. Implementing the plan and
    7. Evaluating the results.
    References:

     https://kullabs.com/class-12/business-studies-1/planning-3/concept-of-planning,-types-of-planning-
    and-planning-process
     https://www.slideshare.net/ramoj14/chapter-3-67112477
     https://www.slideshare.net/kathyabaja/types-of-plans-107143800
     https://blog.udemy.com/planning-in-management/
     https://courses.lumenlearning.com/wmopen-introbusiness/chapter/planning/
     https://www.mcser.org/journal/index.php/mjss/article/download/4411/4314
     https://www.monash.edu/business/marketing/marketing-dictionary/t/tactical-plan
    THANK YOU

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