Breaking down a company’s wider strategic plan into more short-term, specific and deliverable tactics.

Tactical Planning is the process of breaking down the strategic plan into distinctive, short term plans. Commonly the strategic plan will cover a time span greater than three years, however the tactical plan spans the period from the present through to the conclusion of year three, allowing periods of delay for unplanned delays.

See also:
Business Plan
Business Strategy
Corporate Stratgey
Organic growth/development
SMART objectives 
Tactical planning