What is practical magic?

I've been thinking about what practical magic since I've started reading a book about strategic sorcery. When I think about practical magic and what it is, I don't just think of magic used to solve a problem or crisis in the mundane world, but also as the magician taking a step further and examining what his/her participation was in the problem, and then making changes in his/her life past managing the problem that the magic solved. The video says the rest.