SlideShare a Scribd company logo
1 of 7
Strategic and Tactical
Approaches to Your Business
  Are Equally Important
It is easy to focus on one approach to your business. Since you have so many different
     responsibilities, you most likely have your attention split in so many different
     directions that you may not even realize that you are only looking at one approach to
     your business. However, you must make sure that you are looking at both the
     strategic and tactical areas of your company.

The first thing you need to do is make sure that you understand what each of these
   approaches mean. Strategic refers to what your business need to operate properly
   now and in the future. Strategic also has to do with understanding why your
   business needs certain things. On the other hand, tactical has to do with how things
   will work for your business, or how things will be handled within your business.

How does the strategic approach actually work within your business? First, a strategic
  approach will help you, your employees, and your customers understand why your
  company is in operation, why certain things are handled in the way they are, and
  why your company offers what they do.
In addition, strategic planning will have to do with the future of your business. You
    will need to map out what you expect from your business in the next month, year,
    and five years.

How does the tactical approach have to do with your business? This has to do with
  exactly what happens to your business each day. Think of it as the day-to-day
  operations of your business. This is important because you need to have an idea of
  how each thing is handled so that you can determine if your business is operating at
  optimum capacity.

Tactical planning will have to do with everything from what each employee's job
    responsibilities are all the way to who is responsible for cleaning the bathrooms each
    day.
You cannot put too much emphasis on one without the other. If you neglect either
   approach, then the other approach will begin to breakdown. Both tactical and
   strategic planning goes hand in hand. In order for your business to operate
   successfully, you r have to place importance on both.

At this moment, you need to stop and evaluate how you are approaching your
   business. You will need to ask yourself questions. Are you considering each
   approach evenly? Have you neglected one approach in the business of day-to-day
   work? What can you do to balance out the problem?

It is never too late in business operation to work on keeping a balance between tactical
     and strategic approaches to your company.
Once you get everything into balance, you will
    quickly see that it is a big asset to your
                    business.
Strategic and Tactical Approaches to Your Business Are Equally Important

More Related Content

More from MasterBizCoach

Prevent pitfall of trying to please everyone
Prevent pitfall of trying to please everyonePrevent pitfall of trying to please everyone
Prevent pitfall of trying to please everyoneMasterBizCoach
 
What is the Plan? The Importance of Business Planning and Goal Setting
What is the Plan? The Importance of Business Planning and Goal SettingWhat is the Plan? The Importance of Business Planning and Goal Setting
What is the Plan? The Importance of Business Planning and Goal SettingMasterBizCoach
 
How to Keep Customers - Six Easy Actions
How to Keep Customers - Six Easy ActionsHow to Keep Customers - Six Easy Actions
How to Keep Customers - Six Easy ActionsMasterBizCoach
 
Your Branding Questions Answered
Your Branding Questions AnsweredYour Branding Questions Answered
Your Branding Questions AnsweredMasterBizCoach
 
The bigger the struggle, the grander the transformation
The bigger the struggle, the grander the transformationThe bigger the struggle, the grander the transformation
The bigger the struggle, the grander the transformationMasterBizCoach
 
It is important to understand that marketing and selling go hand in-hand
It is important to understand that marketing and selling go hand in-handIt is important to understand that marketing and selling go hand in-hand
It is important to understand that marketing and selling go hand in-handMasterBizCoach
 
When you stay focused, abundance will come your way
When you stay focused, abundance will come your wayWhen you stay focused, abundance will come your way
When you stay focused, abundance will come your wayMasterBizCoach
 
Understanding Cash Flow
Understanding Cash FlowUnderstanding Cash Flow
Understanding Cash FlowMasterBizCoach
 
There is nothing wrong with abundance
There is nothing wrong with abundanceThere is nothing wrong with abundance
There is nothing wrong with abundanceMasterBizCoach
 
How To Keep Your Business: Focus On Your Customer
How To Keep Your Business: Focus On Your CustomerHow To Keep Your Business: Focus On Your Customer
How To Keep Your Business: Focus On Your CustomerMasterBizCoach
 
Play To Your Strengths
Play To Your Strengths Play To Your Strengths
Play To Your Strengths MasterBizCoach
 
What Customers Want – And How to Deliver
What Customers Want – And How to DeliverWhat Customers Want – And How to Deliver
What Customers Want – And How to DeliverMasterBizCoach
 
Top ten myths of entrepreneurship – part 2
Top ten myths of entrepreneurship – part 2Top ten myths of entrepreneurship – part 2
Top ten myths of entrepreneurship – part 2MasterBizCoach
 
It is Important to Understand That Marketing and Selling Go Hand-in-Hand
It is Important to Understand That Marketing and Selling Go Hand-in-HandIt is Important to Understand That Marketing and Selling Go Hand-in-Hand
It is Important to Understand That Marketing and Selling Go Hand-in-HandMasterBizCoach
 
Are Your Vision and Mission Still Aligned?
Are Your Vision and Mission Still Aligned?Are Your Vision and Mission Still Aligned?
Are Your Vision and Mission Still Aligned?MasterBizCoach
 
Your small business' vision and mission statement
Your small business' vision and mission statementYour small business' vision and mission statement
Your small business' vision and mission statementMasterBizCoach
 
How to Succeed When the Country Comes Out of the Recession
How to Succeed When the Country Comes Out of the RecessionHow to Succeed When the Country Comes Out of the Recession
How to Succeed When the Country Comes Out of the RecessionMasterBizCoach
 
10 guiding principles to living your vision statement & achieving success
10 guiding principles to living your vision statement & achieving success10 guiding principles to living your vision statement & achieving success
10 guiding principles to living your vision statement & achieving successMasterBizCoach
 
Without marketing, your business is doomed to fail
Without marketing, your business is doomed to failWithout marketing, your business is doomed to fail
Without marketing, your business is doomed to failMasterBizCoach
 

More from MasterBizCoach (20)

Prevent pitfall of trying to please everyone
Prevent pitfall of trying to please everyonePrevent pitfall of trying to please everyone
Prevent pitfall of trying to please everyone
 
What is the Plan? The Importance of Business Planning and Goal Setting
What is the Plan? The Importance of Business Planning and Goal SettingWhat is the Plan? The Importance of Business Planning and Goal Setting
What is the Plan? The Importance of Business Planning and Goal Setting
 
How to Keep Customers - Six Easy Actions
How to Keep Customers - Six Easy ActionsHow to Keep Customers - Six Easy Actions
How to Keep Customers - Six Easy Actions
 
Your Branding Questions Answered
Your Branding Questions AnsweredYour Branding Questions Answered
Your Branding Questions Answered
 
The bigger the struggle, the grander the transformation
The bigger the struggle, the grander the transformationThe bigger the struggle, the grander the transformation
The bigger the struggle, the grander the transformation
 
It is important to understand that marketing and selling go hand in-hand
It is important to understand that marketing and selling go hand in-handIt is important to understand that marketing and selling go hand in-hand
It is important to understand that marketing and selling go hand in-hand
 
When you stay focused, abundance will come your way
When you stay focused, abundance will come your wayWhen you stay focused, abundance will come your way
When you stay focused, abundance will come your way
 
Understanding Cash Flow
Understanding Cash FlowUnderstanding Cash Flow
Understanding Cash Flow
 
There is nothing wrong with abundance
There is nothing wrong with abundanceThere is nothing wrong with abundance
There is nothing wrong with abundance
 
How To Keep Your Business: Focus On Your Customer
How To Keep Your Business: Focus On Your CustomerHow To Keep Your Business: Focus On Your Customer
How To Keep Your Business: Focus On Your Customer
 
Play To Your Strengths
Play To Your Strengths Play To Your Strengths
Play To Your Strengths
 
Business start up 101
Business start up 101Business start up 101
Business start up 101
 
What Customers Want – And How to Deliver
What Customers Want – And How to DeliverWhat Customers Want – And How to Deliver
What Customers Want – And How to Deliver
 
Top ten myths of entrepreneurship – part 2
Top ten myths of entrepreneurship – part 2Top ten myths of entrepreneurship – part 2
Top ten myths of entrepreneurship – part 2
 
It is Important to Understand That Marketing and Selling Go Hand-in-Hand
It is Important to Understand That Marketing and Selling Go Hand-in-HandIt is Important to Understand That Marketing and Selling Go Hand-in-Hand
It is Important to Understand That Marketing and Selling Go Hand-in-Hand
 
Are Your Vision and Mission Still Aligned?
Are Your Vision and Mission Still Aligned?Are Your Vision and Mission Still Aligned?
Are Your Vision and Mission Still Aligned?
 
Your small business' vision and mission statement
Your small business' vision and mission statementYour small business' vision and mission statement
Your small business' vision and mission statement
 
How to Succeed When the Country Comes Out of the Recession
How to Succeed When the Country Comes Out of the RecessionHow to Succeed When the Country Comes Out of the Recession
How to Succeed When the Country Comes Out of the Recession
 
10 guiding principles to living your vision statement & achieving success
10 guiding principles to living your vision statement & achieving success10 guiding principles to living your vision statement & achieving success
10 guiding principles to living your vision statement & achieving success
 
Without marketing, your business is doomed to fail
Without marketing, your business is doomed to failWithout marketing, your business is doomed to fail
Without marketing, your business is doomed to fail
 

Recently uploaded

FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756dollysharma2066
 
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...amitlee9823
 
HONOR Veterans Event Keynote by Michael Hawkins
HONOR Veterans Event Keynote by Michael HawkinsHONOR Veterans Event Keynote by Michael Hawkins
HONOR Veterans Event Keynote by Michael HawkinsMichael W. Hawkins
 
A DAY IN THE LIFE OF A SALESMAN / WOMAN
A DAY IN THE LIFE OF A  SALESMAN / WOMANA DAY IN THE LIFE OF A  SALESMAN / WOMAN
A DAY IN THE LIFE OF A SALESMAN / WOMANIlamathiKannappan
 
Organizational Transformation Lead with Culture
Organizational Transformation Lead with CultureOrganizational Transformation Lead with Culture
Organizational Transformation Lead with CultureSeta Wicaksana
 
Famous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st CenturyFamous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st Centuryrwgiffor
 
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...lizamodels9
 
Boost the utilization of your HCL environment by reevaluating use cases and f...
Boost the utilization of your HCL environment by reevaluating use cases and f...Boost the utilization of your HCL environment by reevaluating use cases and f...
Boost the utilization of your HCL environment by reevaluating use cases and f...Roland Driesen
 
The Coffee Bean & Tea Leaf(CBTL), Business strategy case study
The Coffee Bean & Tea Leaf(CBTL), Business strategy case studyThe Coffee Bean & Tea Leaf(CBTL), Business strategy case study
The Coffee Bean & Tea Leaf(CBTL), Business strategy case studyEthan lee
 
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best ServicesMysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best ServicesDipal Arora
 
Regression analysis: Simple Linear Regression Multiple Linear Regression
Regression analysis:  Simple Linear Regression Multiple Linear RegressionRegression analysis:  Simple Linear Regression Multiple Linear Regression
Regression analysis: Simple Linear Regression Multiple Linear RegressionRavindra Nath Shukla
 
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...rajveerescorts2022
 
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...Lviv Startup Club
 
Dr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdfDr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdfAdmir Softic
 
Call Girls in Gomti Nagar - 7388211116 - With room Service
Call Girls in Gomti Nagar - 7388211116  - With room ServiceCall Girls in Gomti Nagar - 7388211116  - With room Service
Call Girls in Gomti Nagar - 7388211116 - With room Servicediscovermytutordmt
 
Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...Roland Driesen
 
Call Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine ServiceCall Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine Serviceritikaroy0888
 
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service AvailableCall Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service AvailableDipal Arora
 

Recently uploaded (20)

FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
 
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
 
HONOR Veterans Event Keynote by Michael Hawkins
HONOR Veterans Event Keynote by Michael HawkinsHONOR Veterans Event Keynote by Michael Hawkins
HONOR Veterans Event Keynote by Michael Hawkins
 
A DAY IN THE LIFE OF A SALESMAN / WOMAN
A DAY IN THE LIFE OF A  SALESMAN / WOMANA DAY IN THE LIFE OF A  SALESMAN / WOMAN
A DAY IN THE LIFE OF A SALESMAN / WOMAN
 
Organizational Transformation Lead with Culture
Organizational Transformation Lead with CultureOrganizational Transformation Lead with Culture
Organizational Transformation Lead with Culture
 
Famous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st CenturyFamous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st Century
 
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
 
Boost the utilization of your HCL environment by reevaluating use cases and f...
Boost the utilization of your HCL environment by reevaluating use cases and f...Boost the utilization of your HCL environment by reevaluating use cases and f...
Boost the utilization of your HCL environment by reevaluating use cases and f...
 
Mifty kit IN Salmiya (+918133066128) Abortion pills IN Salmiyah Cytotec pills
Mifty kit IN Salmiya (+918133066128) Abortion pills IN Salmiyah Cytotec pillsMifty kit IN Salmiya (+918133066128) Abortion pills IN Salmiyah Cytotec pills
Mifty kit IN Salmiya (+918133066128) Abortion pills IN Salmiyah Cytotec pills
 
The Coffee Bean & Tea Leaf(CBTL), Business strategy case study
The Coffee Bean & Tea Leaf(CBTL), Business strategy case studyThe Coffee Bean & Tea Leaf(CBTL), Business strategy case study
The Coffee Bean & Tea Leaf(CBTL), Business strategy case study
 
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best ServicesMysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
 
Regression analysis: Simple Linear Regression Multiple Linear Regression
Regression analysis:  Simple Linear Regression Multiple Linear RegressionRegression analysis:  Simple Linear Regression Multiple Linear Regression
Regression analysis: Simple Linear Regression Multiple Linear Regression
 
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
 
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...
 
Dr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdfDr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdf
 
Call Girls in Gomti Nagar - 7388211116 - With room Service
Call Girls in Gomti Nagar - 7388211116  - With room ServiceCall Girls in Gomti Nagar - 7388211116  - With room Service
Call Girls in Gomti Nagar - 7388211116 - With room Service
 
Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...
 
Call Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine ServiceCall Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine Service
 
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service AvailableCall Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
 
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabiunwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
 

Strategic and Tactical Approaches to Your Business Are Equally Important

  • 1.
  • 2. Strategic and Tactical Approaches to Your Business Are Equally Important
  • 3. It is easy to focus on one approach to your business. Since you have so many different responsibilities, you most likely have your attention split in so many different directions that you may not even realize that you are only looking at one approach to your business. However, you must make sure that you are looking at both the strategic and tactical areas of your company. The first thing you need to do is make sure that you understand what each of these approaches mean. Strategic refers to what your business need to operate properly now and in the future. Strategic also has to do with understanding why your business needs certain things. On the other hand, tactical has to do with how things will work for your business, or how things will be handled within your business. How does the strategic approach actually work within your business? First, a strategic approach will help you, your employees, and your customers understand why your company is in operation, why certain things are handled in the way they are, and why your company offers what they do.
  • 4. In addition, strategic planning will have to do with the future of your business. You will need to map out what you expect from your business in the next month, year, and five years. How does the tactical approach have to do with your business? This has to do with exactly what happens to your business each day. Think of it as the day-to-day operations of your business. This is important because you need to have an idea of how each thing is handled so that you can determine if your business is operating at optimum capacity. Tactical planning will have to do with everything from what each employee's job responsibilities are all the way to who is responsible for cleaning the bathrooms each day.
  • 5. You cannot put too much emphasis on one without the other. If you neglect either approach, then the other approach will begin to breakdown. Both tactical and strategic planning goes hand in hand. In order for your business to operate successfully, you r have to place importance on both. At this moment, you need to stop and evaluate how you are approaching your business. You will need to ask yourself questions. Are you considering each approach evenly? Have you neglected one approach in the business of day-to-day work? What can you do to balance out the problem? It is never too late in business operation to work on keeping a balance between tactical and strategic approaches to your company.
  • 6. Once you get everything into balance, you will quickly see that it is a big asset to your business.