Strategy vs PlanPlan is a generic term that applies to mundane things you wouldn't call a strategy. You might plan to go to Paris for Christmas. Calling this a strategy would be a bit of a stretch. As such, strategies are plans that are important to your long term goals. You might develop a strategy to invest in French real estate. Another key difference is that plans can be immediate while strategies involve the future. Strategies that deal with short term opportunities are known as tactics.
|Strategy vs Plan|
|Definition||A plan for the future that is important to your long term goals.||A structured collection of actions designed to achieve a goal.|