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References (6)
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10.1108/eb025476
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B. Chakravarthy (1987)
Human Resource Management and Strategic Change: Challenges in Two Deregulated Industries -
Ingemar Dierickx, Karel Cool (1989)
Asset stock accumulation and sustainability of competitive advantageManagement Science, 35
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Richard Hamermesh, M. Anderson, J. Harris (1978)
Strategies for Low Market Share Business -
10.2307/257544
- Publisher
- Emerald Publishing
- Copyright
- Copyright © Emerald Group Publishing Limited
- ISSN
- 0953-4814
- DOI
- 10.1108/09534819110007110
- Publisher site
- See Article on Publisher Site
Abstract
If strategic planning systems have failed it is because managershave failed to adapt them to the changed contexts of their businesses.Four distinct contexts are identified Pioneer, Expand, Reorient, andDominate. These labels are chosen to indicate the primary challenge forthe business unit in each of these contexts. The contexts vary in theirrisk and in the adaptation andor integration orientation that theydemand of the strategic planning system. Four key elements of thestrategic planning system direction of goal setting, timespendingpatterns in planning, the relative importance of the strategic budget,and the linkage between the financial plan and the budgets, areidentified. Each can be manipulated to adapt the system to suit thefirms business context.
Journal
Journal of Organizational Change Management – Emerald Publishing
Published: Feb 1, 1991