What type of planning addresses long-term needs and sets comprehensive plans of action?

Strategic planning focuses on the long-term vision and goals of an organization. It involves setting comprehensive plans of action that guide an organization towards fulfilling its mission and achieving its objectives over an extended period. This type of planning encompasses a broad perspective and considers factors such as market trends, competition, and internal capabilities, allowing an organization to adapt and thrive in a changing environment.

In strategic planning, leaders develop specific goals that align with the organization's vision and mission, ensuring that resources are allocated efficiently to support these long-term objectives. This approach is crucial for organizational growth and sustainability, as it empowers individuals and teams to focus on initiatives that drive overall success.

In contrast, tactical and operational planning typically address shorter time frames and specific actions or processes that support the broader strategic plan. Tactical planning deals with how to implement the strategies in a more immediate context, while operational planning focuses on the day-to-day activities needed to run the organization effectively. Administrative planning, while important, usually emphasizes the organization and management of resources rather than long-term strategic goals.