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Business schools, as managerial trainers for the strategy process, should extend both their research and their teaching.
The executives' perception of uncertainty was controlled for as it has been shown to affect the strategy process and its outcome by prior research (Miller 2008).
These findings suggest that the process and design of the strategic planning process has a critical influence on the decision quality obtained in the strategy process.
Both empirical and conceptual research analyzing the effect of strategic planning on the outcome of the strategy process in organizations has yielded mixed results so far.
Using the relationship of an organization's strategy formation approach and controllers' involvement in the strategy process, we illustrate how bidirectional effects of different speeds can be theorized.
Thus, this paper contributes to research in the domain by opening the discussion on strategic planning for a more process-based analysis, which can help improve our understanding on the precise mechanisms affecting the strategy process in organizations.
Similar(32)
The objective is to describe the strategy processes used by families of severely ill patients in the ICU to face the situation.
The hosts give practical advice on the strategies, processes and tools needed to create lasting companies.
The next step of the search strategy process involved a preliminary review of the articles.
Figure 1 provides a summary of the search strategy process.
Slowly, the ethos of focusing on the customer gets detached from the company's strategy process.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com