Strategic planning differs from strategic management in a way that in Strategic planning we come up with the long term goals and road map on what activities will be done, how will they be done so that the results will be achieved while in strategic management there is evaluation of the activities and the resources at hand, to monitor the possibility of achieving the results by using the activities and resources also there is a room to change, abort or modify the plans with the ambition to reach the goals set.
Strategic planning alone does not guarantee the attainment of the results but strategic management does. We see in government and private institutions that strategic plans are written, activities identified and resources given, but poor management (such as corruption, misallocation of funds) lead to poor results.
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