Strategic planning and firm performance: A proposed framework

Organizational performance still becomes an important concept in the strategic management studies.Many researchers have used it as a focus of study and try to determine what are the factors that might contribute to the performance. Strategic planning is believed to be able to drive organization to a...

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Detalles Bibliográficos
Autores principales: Ida, Sosiawani, Ramli, Azahari, Mustafa, Munauwar, Yusoff, Rushami Zien
Formato: Artículo
Lenguaje:English
Publicado: International Academic Research Journal 2015
Materias:
Acceso en línea:https://repo.uum.edu.my/id/eprint/16125/1/34.pdf
Descripción
Sumario:Organizational performance still becomes an important concept in the strategic management studies.Many researchers have used it as a focus of study and try to determine what are the factors that might contribute to the performance. Strategic planning is believed to be able to drive organization to achieve better performance.The aim of this study is to examine whether strategic planning will assist business firms to uplift its performance.The literature suggests some dimensions of strategic planning to be tested, namely: formality, tools of strategic planning, employee participation, strategic implementation, time horizon and control.