Corporate planning in small companies— a survey

The current state of research on corporate planning is directed at investigations of actual practices within specific industries. It is believed that by so doing, a more generally applicable theory of corporate planning will ultimately be developed. Within this broad framework, the study reported upon in this article was undertaken so that a determination could be made of the current level of actual planning by small businesses. More specifically, it focuses upon the corporate planning process within small and medium sized companies located in New England, U.S.A.     

International HRM in South African multinational companies

With the paucity of published research on human resource management (HRM) policy and practice in the BRICS countries (Brazil, Russia, India, China and South Africa), the rationale for this article is to evaluate the nature of HRM practices, their development, application and diffusion in South African MNCs. It provides an exploratory analysis in a systematic literature review referring to qualitative case study research and research survey literature to better understand HRM strategies and practices developed and diffused by growing emerging market MNCs from South Africa.The findings underline significant challenges of human resource development and controversies regarding host country issues alongside a degree of ‘sophistication’ in the HRM practices of firms analysed. An aim of the article is to identify areas for further research on business and HRM models of Emerging Market MNCs (EMMNCs) in the African context and develop a set of seven research propositions.     

Corporate planning in medium-sized companies in the U.K.

The past decade has seen the publication of a considerable amount of research into the corporate planning practices of industrial giants. More recent work has investigated corporate planning practice in small businesses. However, little attention appears to have been paid to actual practice in medium-sized companies. This article reports the results of a study designed to investigate corporate planning practice in medium-sized companies in the U.K. The results show that while corporate planning is widespread among medium-sized companies, it is not the well-balanced and integrated system envisaged in the literature. Also, the majority of chief executives are not truly satisfied with corporate planning as practised in their organizations, but are, at the same time, largely unable to suggest changes to make corporate planning more effective. This points clearly to a need for action by researchers and consultants in the area.     

Corporate planning and Corporate Collapse

In this article John Argenti describes what he found during a year's investigation into company failure that he undertook for a recently published book ‘Corporate Collapse’. At first it was difficult to see any pattern but certain conclusions gradually emerged as he discussed the causes and symptoms of failure with more and more people.

Many of the lessons are of particular significance for bankers, shareholders, accountants and others but John Argenti believes there are a number of extremely important lessons for corporate planners as well—especially as ‘defective response to change’ turns out to be one of the prime causes of failure in mature companies.     

Corporate structure optimisation for multinational companies

In this paper we consider a multinational corporate structuring problem. This problem involves designing a corporate/organisational structure (across different countries) so as to remit profits from a number of subsidiaries to a single parent company, whilst minimising the tax paid (maximise the amount received at the parent company). This corporate structure is constrained to be a (directed) tree structure.We present a mixed-integer zero-one formulation of the problem that (for the test problems examined) provides very good linear programming relaxation bounds. We also present a tabu search heuristic for the problem which, when combined with the bounds provided by the linear programming relaxation, is able to find provably optimal solutions. Extensions to the basic corporate structuring problem and how they can be dealt with using our heuristic are also discussed.Computational results for the solution (to proven optimality) of publicly available test problems involving up to 150 countries are reported. The largest problem solved previously in the literature to proven optimality involved only 22 countries.     

Corporate planning in the Netherlands

This article is the result of an investigation into the practice of corporate planning in 20 major Dutch companies. The results emphazise some of the problems regarding the corporate planner and his role in the firm. Those problems are such that it is not unrealistic to speak of some sort of “identity crisis”.     

Corporate strategic planning in practice

Practical approaches have now been developed for use in corporate strategic planning. These methods can be applied to any type and size of business organization anywhere.     

Corporate planning in developing economies

The critical factor in industrial planning in developing economies is the effective implementation of national or regional plans at the individual industrial enterprise level. This article focuses upon the ‘state of the art’ of corporate planning in developing countries and, having considered the difficulties and opportunities for improvement, suggests guidelines for a constructive assistance programme based on the development of planning in terms of progressive modular steps which may be introduced one at a time depending upon individual needs and other local circumstances.     

Corporate planning in local government

The author suggests that corporate planning in local government is concerned with giving purposive choice to our local communities through the political process. It is not concerned with making the choice, but it is concerned with ensuring that there is awareness that a choice is being made and that attempts are made to understand the impact of that choice.     

Strategic planning in small and medium-sized companies

In analysing the characteristics of strategic planning applications in different types and sizes of companies, confusion often arises not because of the application but because of the definitions utilized. This paper analyses the use of strategic planning concepts in small and medium-sized companies in Holland. As the author points out, in this context the definition of small and medium-sized is determined by five strategically relevant criteria which are distinctive. The author points out, however, that whilst these criteria are distinctive of the category of small and medium-sized companies surveyed, they do not all have to occur at the same time; the higher the number that do occur, the more typical the company. Whilst this paper does not, as the author admits, represent the result of a systematic survey, the authors wide experience as a consultant is in itself a valuable background to his analysis. Indeed, the findings stated in this paper represent an analysis of the strategic planning practises of some 75–100 companies. Therefore, in view of the detailed criteria utilized and the number of companies analysed the results represent an important addition to our knowledge of the application of strategic planning.     

Strategic planning in smaller rapid growth companies

The research reported in this article is based on a study of the strategic planning practices of the 500 fastest growing privately held smaller companies in the United States ranked according to percentage of sales increases from 1978 to 1982.^p1 Based on the information provided, a clear picture emerges regarding the actual role of strategic planning in rapid growth companies.     

Corporate planning at Dunlop

It has often been said that corporate planning is an art which, like all art perhaps, means all things to all men. As other papers have attempted to do this approaches the concepts of corporate planning in an analytical manner and illuminates a number of approaches which the author considers to be preferable. The problems of corporate planning in Dunlop Limited are then analysed and the author's own experience of corporate planning in that company are utilized describing a practical and comprehensive system.     

Strategic planning system for multinational companies

This article is based on a research study, the object of which is to illustrate the major components of global planning in the context of modern administration. Data were collected from a representative sample of multinational companies, both U.S. and non-U.S. based. The planning process in the companies surveyed followed a pattern based on formal planning systems. The author concludes that multinational corporate planning will in future become a blend of administrative and institutional types of plans.     

Corporate planning in an international environment

In any company, corporate planning centres on deciding what kind of business it should be in, and the philosophy which should govern its method of operation. When the company is an international one, then not only does its organisational structure require closer attention, but another dimension is added to its strategy—that of choosing the countries in which to operate. This article is concerned with two aspects of management: organization and control and the factors influencing the selection of a country for investment purposes.     

Corporate strategic planning in a university

This paper reviews the relevance of key constituents in modern corporate strategic planning to policy determination in universities. The emphasis is on corporate policy making at the level of the individual institution, not the universities or higher education as a whole. From the outset it is assumed that a university has a measure of autonomy within a wider negotiated environment of which the universities, as a group, are a sector for negotiating purposes. There are therefore important elements in the working of any university that are bound not only by general laws and customs but by specific standard policies, practices and conditions applicable to all universities within a country, e.g. salary and wage-scales.First the environment of universities is examined to ascertain the relevance of such an approach to their problems before passing to an appreciation of their unique features in terms of decision-taking and adaptability. Only in the light of this survey is an attempt then made to concentrate on the particular issues which a university may have to resolve and to which such longer term planning can make a contribution.Inevitably this paper is coloured by the experiences and observations of the author when involved in two U.K. institutions that have undergone rapid growth and change at a pace previously unprecedented in the history of higher education in the United Kingdom. This experience has been shared by many universities and replicated in other higher educational institutions such as polytechnics.     

Corporate planning in the mineral industry

The following overview of external and industry environment with brief references on approaches to corporate planning, is intended to stimulate interest for more in-depth examination of particular phases or issues in planning within the mineral industry. Commentary and dialogue will be welcomed by the author.     

Corporate planning for social responsibility

From his position as Senior Chaplain of a team of Industrial Chaplains, working in industry yet not part of it, the author probes the necessity for a global perspective as a setting for all decisions. The multi-national family of man with limited resources provides the context for multi-national planning and for corporate strategies. We need an ethic for society so that ethical considerations are seen to be pertinent to relationships between nations as well as relations between individuals. This paper suggests a simple model of the ethical dimensions of a global village, which will enable us to see the world perspective while operating at the corporate level and with immediate responsibilities that seem limited but are extensive.     

Corporate planning for a church

The article provides a case history of the introduction of corporate planning into a small Methodist Church. It describes the methods used to secure a widespread involvement and participation in the exercise of those who attend the church, and draws parallels with business planning situations It also underlines some of the differences.The end product of the first stage of the planning effort was a series of project plans leading to increased activity directed at fulfilling the objectives defined for the church. The events described in this article occurred in 1972 and early 1973.     

Strategic planning in 21 U.K. companies

This article is based upon an analysis of strategic planning performance in 21 UK companies and discussions with 91 executives in those companies. The author's findings stress some of the problems related to strategic planning particularly with regard to the importance of informal and political processes in planning.