What type of planning focuses on setting strategic directions and action plans?

Strategic planning is the process that focuses on setting long-term directions, specific goals, and comprehensive action plans for an organization. It involves analyzing the current state of the organization, identifying future opportunities and challenges, and determining the overall mission and vision that guides decision-making. This type of planning is crucial for aligning resources and efforts across various departments and ensuring that everyone is working towards a common goal, ultimately shaping the future trajectory of the organization.

In contrast, operational planning deals with the day-to-day execution and management of tasks necessary to keep the organization running effectively, while tactical planning translates strategic goals into specific short-term actions. Contingency planning, on the other hand, focuses on preparing for unexpected events or crises, ensuring that the organization can respond effectively to unforeseen circumstances. Each of these planning types serves different purposes, but strategic planning is unique in its emphasis on long-term vision and direction.