Question

diffentiate in more details between strategic goals and tactical goals

diffentiate in more details between strategic goals and tactical goals

Homework Answers

Answer #1
Point of Differentiation Strategic goal Tactical goal
Time Horizon to achieve the goal Long (Usually 3-5 Years) Short (6 -12 months)
Setting preference Set before Tactical goals Set after Strategic goals
Need Decides direction of the business Small steps or projects necessary to fulfill strategic goals
Description Broad, Unclear path how goal will be achieved Small, Concrete steps with clear path to achieve goals
Example Expand Business into new geographic locations in next 3 years Hire sales executive to support geographic expansion in next 6 months
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