Strategic Thinking could be defined then thoughts and ideas that are produced by having in mind the best "implementation" and "positioning" of those thoughts and ideas.Strategic Planning does not exist without Strategic Thinking, Strategic Thinking can exist without Strategic Planning.
A good plan requires time, resources, finest detail on tasks description, and finally orchestration of all, with no overlaps occurring, setting up the targets and the milestones.
Strategic Planning could be defined then planning that is coming out of a very good orchestration of tasks-activities-resources-goals with the addition of alternative planned pathways which are in place in order to be triggered and lead to the same targeted goal in case of outsourced deviation.Strategic Planning is usually applied to medium and large scale projects, dealing with high level objectives, should have the ability to absorb, react, follow and respond back e.g. unexpected strategic key movements from competitors, unexpected internal organisation results, or any other outsource event affecting the flow of activities planned originally. It is very closely related to prediction and forecasting techniques.
Strategic Planning requires to vision possible pathways, predict and forecast the implications in the case of unexpected events that could jeopardise the normal execution of the original plan.
Ensures that damages - losses remain limited in the short, mid or long term by triggering recovery procedures to get back in track and avoid deviation of the targeted milestone - outcome.
Profiles possessing the ability to think and plan strategically are very popular and usually occupy senior and responsible positions in governmental cabinets, organisations and any type of firm.
Strategic Thinking that is required for Strategic Planning ensures Strategic Positioning of an idea, a product or a firm in the society, in the short, mid and the long term.