Tactical Management Definition

What is Tactical Management?

An online business dictionary provides a good definition from a broad business management perspective:

The administrative process of selecting among appropriate ways and means of achieving a strategic plan or objective. The use of tactical management in a business environment allows a manager to choose the best tactics or methods for each situation that arises, rather than following a particular standard procedure.

Source: http://www.businessdictionary.com/definition/tactical-management.html#ixzz4IXVNk0Fk

From that, we can more specifically define Tactical Management from an investment perspective – Tactical Investment Managment.

The administrative process of selecting among appropriate ways and means of achieving a strategic plan or objective.

Tactical is a process of selecting ways to achieve an objective or strategic plan.

“The use of tactical management in a business environment allows a manager to choose the best tactics or methods for each situation that arises, rather than following a particular standard procedure.“

Tactical management allows a manager to choose the best tactics based on the situation, rather than following a “standard procedure”. The “standard procedure” would be the “strategic” asset allocation or plan.

So, if we state this from an investment perspective, we could say that tactical management is a process of ways to achieve an objective that allows the manager to choose the best tactics based on the situation, rather than following a fixed procedure. Strategic management or strategic asset allocation is more of a fixed strategy, procedure, or plan, that doesn’t necessarily adapt based on changing conditions. They key difference is that tactical management is based on choosing tactics based on the situation to adapt to change and changing conditions and situations.

To learn more and see how tactical management in action, visit Shell Capital Management, LLC. 

There is no guarantee that any investment strategy will be successful. Investing involves risk including the potential loss of principal a client must be willing to bear. No investment strategy can guarantee a profit or ensure against loss. Risk should be managed, directed, and controlled, but such tactics are not guaranteed. Past performance is no guarantee of future results.