planning is the thinking process and managers being a men of action . comment
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Strategic thinking is active and ongoing. It informs your planning and represents the “why” and the “what” of the work you want to accomplish. You can apply it against your everyday work or decisions to determine viability and assess alignment with your goals. Strategic planning is fixed to a specific project or effort and represents the “how” and the “when.”
The two work in partnership. Because even the best insights are futile without a plan to actually implement. And if you try to plan without a clear vision for what you want to achieve, you will not get very far. Mastering both is how you bring a thoughtful approach to your work and deliver on your goals. Here are a few ways to think about the differences:
Purpose
Strategic thinking is about defining where you want to go and what you want to achieve. It is useful for when you need to make an informed decision, solve a problem, or improve a process. Strategic thinking helps you consider the long-term value and consequences of taking a particular approach.
Strategic planning is about defining how you will implement your vision. It is useful for detailing the steps needed to solve a problem, improve a process, or deliver something new. Strategic planning is also critical when preparing for a major change. This could be embarking on a business transformation or undergoing a merger, acquisition, or other large organizational shift.