A Review of Strategic Planning and Strategic Management
Keywords:
Companies, Corporate Planning, Environment, Strategic Management, Strategic PlanningAbstract
According to longitudinal study in Australia from 1982 to 1993, strategic planning systems played a significant part in the strategic management efforts of large industrial companies. But strategic planning has changed dramatically since the early 1980s as companies have made their planning systems more flexible, decentralized strategic planning divisions or business units, moved planning responsibility from the employees to managers and changed the function of corporate planning departments. In addition, companies tried to build their corporate culture by focusing more on client orientation and quality management in general. They have increased their global activity while concentrating on core business activities via acquisitions and disposals. The future is expected to increase total quality management and benchmarking, with companies concentrating more on appropriate training and recruitment procedures. As new generations rise to power, leadership and corporate cultures become more and more essential. Digital technologies and artificial intelligence in all its forms will have a major impact on the area of strategy.
Downloads
References
Bonn I, Christodoulou C. From Strategic Planning to Strategic Management. Long Range Plann. 1996; [2] Bagheri J. Overlaps between Human Resources’ Strategic Planning and Strategic Management Tools in Public Organizations. Procedia - Soc Behav Sci. 2016;
Athapaththu HKSH. An Overview of Strategic Management: An Analysis of the Concepts and the Importance of Strategic Management. Int J Sci Res Publ. 2016;
Martinet AC. Strategic planning, strategic management, strategic foresight: The seminal work of H. Igor Ansoff. Technol Forecast Soc Change. 2010;
Papke-Shields KE, Boyer-Wright KM. Strategic planning characteristics applied to project management. Int J Proj Manag. 2017;
Ugboro IO, Obeng K, Spann O. Strategic Planning As an Effective Tool of Strategic Management in Public Sector Organizations: Evidence From Public Transit Organizations. Adm Soc. 2011;
Poister TH. The future of strategic planning in the public sector: Linking strategic management and performance. Public Adm Rev. 2010;
Kirchhoff BA. From Strategic Planning to Strategic Management. Acad Manag Rev. 1979;
Jami Pour M, Kouchak Zadeh Z, Ahmad Zadeh N. Designing an integrated methodology for knowledge management strategic planning: The roadmap toward strategic alignment. VINE J Inf Knowl Manag Syst. 2018;
Nickols F. Strategy, Strategic Management, Strategic Planning, Strategic Thinking. Nickols. 2016;
