Long-Range Planning vs. Strategic Planning

Even though many use the terms strategic planning and long-range planning synonymic, the terms differ in their prominence on the assumed environment.

 

Long-range planning is usually considered to assume present knowledge about future conditions. It looks to make certain the plan's exact results over the period of its implementation.

Strategic planning, however, assumes that your organization must be quick to respond to a dynamic, changing environment, which may require changes in the future. Strategic planning, then, points out the importance of making decisions that will ensure your organization's ability to successfully respond to changes in the environment.

 

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