What is the process of outlining objectives identified by a strategic plan called?

The process of outlining objectives identified by a strategic plan is known as tactical planning. This phase serves as a bridge between the high-level goals established in the strategic plan and the day-to-day activities required to achieve those goals. Tactical planning focuses on the specific actions and steps that will be implemented to meet the strategic objectives.

It involves detailing the how-to steps, which might include the allocation of resources, assigning responsibilities, and setting timelines for execution. This makes it instrumental in translating broader organizational visions into executable plans, ensuring that all team members understand their roles in achieving the overall objectives.

While strategic planning is concerned with defining long-term goals, operational planning is aligned more closely with the day-to-day operations that support tactical plans. Resource allocation, on the other hand, pertains to the distribution of available resources to different areas of the organization, which is a part of the tactical planning process but does not encapsulate the entirety of outlining objectives. Thus, tactical planning is the term that specifically addresses the outlining of objectives that operationalize the strategic plan.