Strategic management deals with the determination of the mission, vision, goals, objectives, values, roles and responsibilities of the organization. It helps the organization to determine the strategic goals which a company wants to attain in future. On the other hand, strategic planning is the management tool and it is the process in which the organization focuses it's energy to attain those goals. In the strategic planning the organization plan that how the members will attain the organization's goals for example what the organization will do and how to do. Therefore, strategic planning and strategic management are closely related.
