Prior to entering this discussion, review Chapters 8 and 9 in the Abraham’s textbook several required web-based resources on the subject for this week. Strategic planning and operational planning are both important in the overall planning process, but are distinctly different. Succinctly define each and summarize the key differences between them. Who are the typical participants in each process? How does an organization benefit from operational planning? Provide an example of a company which has been successful in implementing Strategic and Operational planning and a company that has failed in implementing both.

Guided Response: Respond to at least two of your fellow students’ posts in a substantive manner and provide recommendations to extend their thinking. Support your position by using information from the week’s readings or examples from current events and/or other scholarly or credible resources, using the Scholarly, Peer Reviewed, and other Credible Sources (Links to an external site.) document for guidance. Properly cite any references according to APA style as outlined in the University of Arizona Global Campus Writing Center’s APA Style (Links to an external site.) resource. You are encouraged to post your required replies earlier in the week to promote more meaningful and interactive discourse in this discussion forum. Continue to monitor the discussion forum until 5:00 p.m. (Mountain Time) on Day 7, and respond with robust dialogue to anyone who replies to your initial post.