Original language | English |
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Title of host publication | The Palgrave encyclopedia of strategic management |
Editors | Mie Augier, David J. Teece |
Publisher | Palgrave Macmillan |
Number of pages | 3 |
DOIs | |
Publication status | Published - Aug 2013 |
Abstract
Strategic planning is one of the most widely used management tools and continues to be a subject of frequent study. Typically, the practice follows a normative model that includes a logical sequence of activities designed to connect aspirations set by top management with input provided by managers at middle and lower levels. Much of the research literature focuses on relationships between strategic planning and organizational performance. More recent work examines strategic planning as a mechanism for integrating activities within complex organizations and analyses the micro-processes and social practices embedded in the process.
Keywords
- criticisms of planning
- formal planning
- long-range planning
- strategic decision-making
- strategic initiatives
- strategic planning
- strategy practices
- strategy implementation