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the key reasons that an organization should adopt planning and strategic management are to:

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Tundexiidn

Let understand that Strategic planning is the approach used to for process of documenting and establishing the direction of the organisation goals and objectives.

  • Strategic planning creates an organization vision, mission and priorities etc

  • Let understand that "Strategic management" refers to the overall process of strategic planning to implementation and executing of other plan.

The key reason for adopting these plan are:

  • Gives direction and momentum: The plans gives an organization direction on how to operate.
  • Encouragement of new ideas: The plans helps to encourage new ideas because the business new to expand.
  • Its gives Sustainable competitive advantage.

Learn more about this here

brainly.com/question/4564918

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