Strategic management provides overall direction to the enterprise. Strategy formulation requires examining where the company is now, determining where it wants to go, and then determining how to get there. This involves crafting vision statements, mission statements, overall corporate objectives.
Tactical management involves the future vision of the business and tactics involve the actual steps needed to achieve that vision. Tactics are the practical steps needed to implement the strategy.
Operational control serves to regulate the day-to-day output relative to schedules, specifications, and costs.
By Nathan Phillips Follow @nxphil13