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operational strategy

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA APM Exams › operational strategy

  • This topic has 3 replies, 2 voices, and was last updated 11 years ago by Ken Garrett.
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  • May 13, 2014 at 9:30 am #168628
    jess
    Member
    • Topics: 36
    • Replies: 19
    • ☆☆

    operational strategies made on operational planning or strategic planning?

    May 13, 2014 at 5:34 pm #168700
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10594
    • ☆☆☆☆☆

    What is the difference between an ‘operational strategy’ and an ‘operational plan’?

    May 14, 2014 at 6:26 pm #168804
    jess
    Member
    • Topics: 36
    • Replies: 19
    • ☆☆

    operational plan- plans of daily operation in the organisation
    operational strategy- decision which make at operational level

    dunno whether i m correct.

    May 15, 2014 at 8:28 am #168871
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10594
    • ☆☆☆☆☆

    Whenever the word ‘strategy’ is used think of long term. So strategic plan = long-term plan.

    ‘Operational strategy’ is a slightly unusual combination. It is normal to talk of planning at the strategic, tactical and operational levels. Operational level = day to day planning such as planning to make sure enough staff are present each day. However, you could talk about an operational strategy such as when you have a strategy to staff your operations by full-time employees or you could have a strategy to staff your operations entirely by sub-contractors.

    Hope that helps. Don’t worry too much about these definitions.

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