A Procedure typically involves a set of actions that are followed in order to achieve a specific goal or target.
A Strategy is a SPECIFIC SET of PROCEDURES to achieve an OVERALL GOAL or TARGET.
The DIFFERENCE:
While a Procedure is usually pretty consistent (unchanging); Strategy / Strategies are usually dynamic (constantly updated/changed), depending on the circumstances of a given situation (like the actions of others).
For example, there is a Procedure to building a table & There is a Strategy to winning a game. If you follow the correct procedure to build a table, you will end up with a correctly built table. The outcome of a game, on the other hand, depends on the other players strategy and your response (strategy) to their strategy; so your actions (procedures) are part of your strategy.
A Procedure will ONLY work given the circumstances are NOT CHANGING; therefore the same actions (a procedure) will NOT always result in the same outcome if the circumstances are changed/changing.
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Strategy is a set of procedures, while procedure is a set of actions.
The outcome of a procedure is not the same, if the circumstances are not the same, but the outcome is always same for a strategy under any circumstance.
The difference between strategy and planning is to plan, you brainstorm, write down what you want to happen, etc. A strategy is an exact step by step procedure you are going to follow.
difference between business level strategy and corporate level strategy?
The difference between strategy and tactics is that strategy defines "what" is to be done but tactics defines the "how". Tactical management is the use of tactics to implement strategy. This is different from traditional management in that in traditional management there is usually one procedure (standard operating procedure) for getting any action done whereas tactical management allows the manager to select appropriate tactics for best achieving the objective.
A global strategy by a company has a goal to import and output goods and services.
The tactics are each deliberate action you take. Your strategy is the combination of tactics and the overall plan to win.