Difference between Strategy and Policy

Difference between Strategy and Policy

Difference between Strategy and Policy

Strategy means the skill of managing any affair. It means the skill of managing any affair. It is a method or plan chosen to bring about the desired future, such as the achievement of a goal, objective, or solution to a problem. Policy a path or standard of an act adopted or planned by an organization or individual. It is a set of ideas or a plan for action followed by a business, a government, a political party, or a group of people:

There are some differences between a strategy and a policy. These are as follows:

Strategy

  • Definition: Strategy means the skill of managing any affair. It is used to describe a pathway along which the organization moves towards its goals or objectives.
  • Scope: The scope of strategy is comparatively limited than that of policy.
  • Necessity: Strategy is not necessary for all kinds of operations.
  • Nature: Strategy is related to tactics and civil administration.
  • Dependency: Strategy is always dependent upon the policy.
  • Influence: Particular situation or areas are influenced by the strategy.
  • Continuity: Strategy is not as successive as policy.
  • Maintenance of secrecy: Strategy should maintain the secrecy strictly

Policy

  • Definition: A policy is a general plan of action that guides members of the enterprise in the conduct of its operation.
  • Scope: On the other hand, the scope of Policy is comparatively wider than that of strategy.
  • Necessity: Policy is essential for all operations.
  • Nature: Policy is universal and related to general administration.
  • Dependency: On the other hand, Policy never depends on strategy.
  • Influence: All functions and functional areas are influenced by the policy.
  • Continuity: Policy is a continuous process.
  • Maintenance of secrecy: Secrecy is not necessary in case of policy. Rather, “the more disclosing, the better”.

So, these are the various differences between a strategy and policy.

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