Strategic planning model for Startups: A case study of Iranian packaging industry

In today’s turbulent and competitive world, strategic planning plays an important role for the success of firms. Despite the fact that there are literally numerous models proposed for different companies in various states and structures, the possibility of using strategic planning for startups has n...

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Main Authors: Mohammad Mahdavi Mazdeh, Khashayar Moradi, Hossein Mahdavi Mazdeh
Format: Article
Language:English
Published: Growing Science 2011-04-01
Series:Management Science Letters
Subjects:
Online Access:http://www.growingscience.com/msl/Vol1/msl_2010_19.pdf
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author Mohammad Mahdavi Mazdeh
Khashayar Moradi
Hossein Mahdavi Mazdeh
author_facet Mohammad Mahdavi Mazdeh
Khashayar Moradi
Hossein Mahdavi Mazdeh
author_sort Mohammad Mahdavi Mazdeh
collection DOAJ
description In today’s turbulent and competitive world, strategic planning plays an important role for the success of firms. Despite the fact that there are literally numerous models proposed for different companies in various states and structures, the possibility of using strategic planning for startups has never been seriously considered. In this paper, we present a survey by asking experts to find out whether strategic planning is suitable for startups. We also propose a model for strategic planning in startups based on the strategic planning models for small businesses and entrepreneurship concepts. The model is similar to other models and what differentiates this models form other approaches is the methodology used for internal and external analysis and the parameters taken into consideration. The proposed model is examined on an Iranian food packaging industry for validation. The preliminary results indicate that the success of startups depends on two sets of parameters: “entrepreneurial opportunities” and “competitive advantages and entrepreneurial characteristics”.
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spelling doaj.art-f12d3c05cba34e68ac2438eacbd434042022-12-21T23:30:34ZengGrowing ScienceManagement Science Letters1923-93351923-93432011-04-0112157166Strategic planning model for Startups: A case study of Iranian packaging industryMohammad Mahdavi MazdehKhashayar MoradiHossein Mahdavi MazdehIn today’s turbulent and competitive world, strategic planning plays an important role for the success of firms. Despite the fact that there are literally numerous models proposed for different companies in various states and structures, the possibility of using strategic planning for startups has never been seriously considered. In this paper, we present a survey by asking experts to find out whether strategic planning is suitable for startups. We also propose a model for strategic planning in startups based on the strategic planning models for small businesses and entrepreneurship concepts. The model is similar to other models and what differentiates this models form other approaches is the methodology used for internal and external analysis and the parameters taken into consideration. The proposed model is examined on an Iranian food packaging industry for validation. The preliminary results indicate that the success of startups depends on two sets of parameters: “entrepreneurial opportunities” and “competitive advantages and entrepreneurial characteristics”.http://www.growingscience.com/msl/Vol1/msl_2010_19.pdfStrategic planning PlanningEntrepreneurshipStartupFood packagingSmall business
spellingShingle Mohammad Mahdavi Mazdeh
Khashayar Moradi
Hossein Mahdavi Mazdeh
Strategic planning model for Startups: A case study of Iranian packaging industry
Management Science Letters
Strategic planning Planning
Entrepreneurship
Startup
Food packaging
Small business
title Strategic planning model for Startups: A case study of Iranian packaging industry
title_full Strategic planning model for Startups: A case study of Iranian packaging industry
title_fullStr Strategic planning model for Startups: A case study of Iranian packaging industry
title_full_unstemmed Strategic planning model for Startups: A case study of Iranian packaging industry
title_short Strategic planning model for Startups: A case study of Iranian packaging industry
title_sort strategic planning model for startups a case study of iranian packaging industry
topic Strategic planning Planning
Entrepreneurship
Startup
Food packaging
Small business
url http://www.growingscience.com/msl/Vol1/msl_2010_19.pdf
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AT khashayarmoradi strategicplanningmodelforstartupsacasestudyofiranianpackagingindustry
AT hosseinmahdavimazdeh strategicplanningmodelforstartupsacasestudyofiranianpackagingindustry