Definition: is the process of regularly determining and scheduling the short-term or immediate business activities of a company that are required for reaching the objectives presented by its strategic planning. This process is generally performed by departments and business units, instead of the board of directors. Thus, tactical planning is considered to be the privilege of the mid-level management of a company. Tactical plans are more flexible than long-term strategies and present less risk for a business in case of failure.
In a Sentence:
If you want your new project to run fluidly, you need to have a professional tactical planning team in place. This way, they’ll account for all the details of the project and develop any necessary failsafe mechanisms.
Even though the strategic goals were selected perfectly, the lack of proper tactical planning led to the company’s inability to meet them.
Synonyms and related words: strategic planning, business plan, tactical goals, tactical plan, tactical management