Evaluating alternative approaches to strategic planning |
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Authors: | Clark Holloway William R King |
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Institution: | 1. Assistant Professor, School of Business, University of South Carolina, Columbia, South Carolina, 29201, U.S.A.;2. Professor, Graduate School of Business, University of Pittsburgh, Pittsburgh, Pennsylvania 15260, U.S.A. |
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Abstract: | The question which, unfortunately, often goes unanswered, is whether a company's process of corporate planning is optimal. Furthermore, even if they wished to answer such a question there is little in the literature which can provide them with a direct, and explicit evaluative model. This paper examines the development of planning and the many different contributors towards its theoretical underpinning. Whilst recognizing that planning is a field which is a ‘semantic's jungle’ the authors carefully pick their way through the mine-field of misunderstanding and misquotation and clearly establish a base-line for evaluation and indeed propose a detailed methodology. It is hoped that this paper will be a fore-runner of many which will assist the executive in his important evaluative role concerning alternative planning approaches. |
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