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Anifa Mgao

Strategic Planning is the process of setting organizational goals, determining strategies to achieve those goals, and creating action plans. It focuses on the formulation of strategies. Strategic Management, on the other hand, is the ongoing process of implementing and monitoring the strategies developed during strategic planning. It involves execution, evaluation, and adjustments as needed. In short, strategic planning is about deciding what to do, while strategic management is about doing it and adapting as circumstances change.