Strategic Planning - Definition
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What is Strategic Planning?
Strategic Planning is the planning and coordination of resources and actions necessary to follow a method, orientation, or direction in pursuit of a goal of objective.
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Academic Research on Strategic Planning
- The fall and rise of strategic planning, Mintzberg, H. (1994). Harvard business review, 72(1), 107-114. This paper charts the course of Strategic Planning, its decline and rise in corporate planning.
- Strategic planning-forward in reverse, Hayes, R. H. (1985). Harv. Bus. Rev.;(United States), 63(6). This paper proposes an alternative approach to traditional Strategic Planning by turning the concept of formulating strategies in accordance with preset goals on its head. It suggests a means-ways-ends approach to overcome the modern industrial competition trends.
- Research thrusts in small firm strategic planning, Robinson Jr, R. B., & Pearce, J. A. (1984). Academy of management Review, 9(1), 128-137. This paper presents a study of 50 planning related firms and their efforts on research for Strategic Planning.
- Marketing, strategic planning and the theory of the firm, Anderson, P. F. (1982). The Journal of Marketing, 15-26. This paper tries to break down the relationship between corporate goals and Strategic Planning.
- Strategic thinking or strategic planning?, Heracleous, L. (1998). Long range planning, 31(3), 481-487. This paper takes a look at the literary views behind the terms Strategic Planning and Strategic Thinking.
- Strategic planning in a turbulent environment: Evidence from the oil majors, Grant, R. M. (2003). Strategic management journal, 24(6), 491-517. This paper studies Strategic Planning under harsh conditions with data from the Oil industry.
- A dialectical approach to strategic planning, Mason, R. O. (1969). Management Science, 15(8), B-403. This paper proposes an alternative approach to Strategic Planning with emphasis on dialectical factors.
- Strategic planning for management information systems, King, W. R. (1978). MIS quarterly, 27-37. This paper sheds light on Strategic Planning for Information Systems management.
- Strategic planning and firm performance: A synthesis of more than two decades of research, Miller, C. C., & Cardinal, L. B. (1994). Academy of management journal, 37(6), 1649-1665. This paper tests empirical data from 26 studies to highlight the inconsistencies in firm performances in light of Strategic Plans or the lack thereof.
- Strategic planning as competitive advantage, Powell, T. C. (1992). Strategic Management Journal, 551-558. This paper presents the case for the advantages of Strategic Planning in corporate governance.