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Author:Schaffer, U.
Willauer, B.
Title:Strategic Planning as a Learning Process
Journal:Schmalenbach Business Review
2003 : APR, VOL. 55:2, p. 86-107
Index terms:PERFORMANCE MANAGEMENT
LEARNING
STRATEGIC PLANNING
STRUCTURAL ANALYSIS
Language:eng
Abstract:Strategic planning has been characterized as a learning process. However, despite the high relevance for strategic management, little empirical evidence has been collected so far on the learning process. In this paper the authors suggest that a high degree of learning in the strategic planning process should result in a higher effectiveness of planning, which should positively influence adaptiveness, market performance, and return on sales of the business unit. In addition, the authors propose hypotheses on the determinants of learning in strategic planning and test these hypotheses by using a structural equation modeling (LISREL).
SCIMA record nr: 248021
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