What type of planning contrasts with tactical planning?

Strategic planning is the correct answer because it refers to the long-term direction and vision of an organization, focusing on overarching goals and how to achieve them over an extended period. In contrast to tactical planning, which deals with the implementation of specific actions and tasks to achieve immediate objectives, strategic planning is more about setting the course for future endeavors.

This type of planning involves evaluating internal and external factors that may affect the organization and making decisions that ensure its long-term sustainability and growth. It typically encompasses a broader perspective, analyzing market trends, resource allocation, competitive advantage, and overall mission alignment. Thus, strategic planning and tactical planning complement each other, with the former providing the roadmap that guides the latter’s specific actions.