Strategic Planning Emphasis and Planning Satisfaction in Small Firms: An Empirical Investigation

Javad Kargar · John A. Parnell

90 citations0/0 files storedJournal of Business Strategies

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Strategic Planning and Analysis Management and Organizational Practices Organizational Strategy and Culture

Abstract

Most empirical studies examining strategic planning effectiveness have focused on its impact on financial performance. However, solid empirically-based conclusions concerning the usefulness of strategic planning have not yet emerged. The present study takes an alternative perspective, examining two dimensions of executive satisfaction with strategic planning. Results support a link between seven strategic planning characteristics and planning satisfaction among small firms.

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References

1991Firm Resources and Sustained Competitive Advantage 1951Coefficient Alpha and the Internal Structure of Tests 1989Asset Stock Accumulation and Sustainability of Competitive Advantage 1977The Population Ecology of Organizations 1986Strategic Factor Markets: Expectations, Luck, and Business Strategy 1984Employee-Organization Linkages: The Psychology of Commitment, Absenteeism, and Turnover.1978Organizational Strategy, Structure, and Process 1986Organizational Culture: Can It Be a Source of Sustained Competitive Advantage?

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