Test strategy is a high level document which defines the approach for software testing. It is basically derived from the Business Requirement document. Test strategy is developed by project manager or business analyst. It is kind of static document which sets the standards for testing so not updated often.
Test plan is derived from SRS (Software Requirement Specification) which is prepared by test lead or manager. The main goal of test plan is to include all the details related to testing such as what to test, when to test, how to test and who will be the tester. Test plan is often not updated but if there is some new feature or change is introduced then it has to be updated accordingly.
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