Formal strategic planning: annual raindance or wheel of success?

O’Regan, Nicholas; Ghobadian, Abby

doi:10.1002/jsc.777

Cited by 32 publications

(34 citation statements)

References 37 publications

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“…The most common problem is inadequate information systems for control of activities; secondly crises distracted attention from implementation, followed by co-ordination of implementation not effective enough and uncontrollable external environmental factors. These results are consistent with the findings of earlier studies (O'Regan and Ghobadian, 2007;Al-Ghamdi, 1998;Kargar and Blumenthal, 1994;Alexander, 1985). For example, 12 of the problems listed in Table 4 include nine out of the 10 most commonly occurring problems in the large and small companies which Alexander (1985) studied.…”

Section: Findings and Discussionsupporting

confidence: 91%

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Strategic decision implementation in an emerging market

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Aldehayyat

2016

Management Decision

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Purpose The paper investigates the extent to which the institutional context impacts on strategic decision implementation in an emerging market. Previous studies of strategic decision making in emerging markets have not examined decision implementation. Given the changes in the world economy during the past decade, and in particular the growing importance of emerging market multinationals, this is an increasingly salient issue. Design/methodology/approach Questionnaires were delivered to general managers in all Jordanian publicly quoted industrial firms. A 53.7% response rate was achieved. The structure of the questionnaire built on earlier studies in developed markets and, in particular, Alexander’s (1985) seminal study. Findings The strategic decision implementation problems which are found in Jordan are similar to those found in developed economies. However, external shocks are a more important influence on strategic decision implementation that has been found to be the case in developed economies. The success of companies in the emerging market of Jordan is associated with the frequency and extent of their experience of strategic decision implementation problems. Formal strategic planning helps Jordanian firms to deal with these problems more effectively. Research limitations/implications It was difficult to explore some of the “why” questions related to the implementation of strategic decisions in the sampled firms since most respondents agreed to complete the questionnaire but not to be interviewed. Single, rather than multiple, respondents participated in the research. A larger sample size would be desirable, although the results are statistically robust. Practical implications The results will help managers to make and implement strategic decisions, both in the context of market entry and market maintenance, in the Middle East and in other emerging markets. Originality/value Context (institutional) factors are found to be less influential in the case of decision implementation than strategic decision making itself. This is the first study of the problems associated with the implementation of strategic decisions in Jordanian firms and one of the first in any emerging market.

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Section: Findings and Discussionsupporting

confidence: 91%

“…These results are consistent with the findings of a number of earlier studies (O'Regan and Ghobadian, 2007;Al-Ghamdi, 1998;Alexander, 1985) in other institutional contexts and with Taslak (2004) in the context of the Turkish textiles industry.…”

Section: Page 12 Of 28 Management Decisionsupporting

confidence: 93%

Strategic decision implementation in an emerging market

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Aldehayyat

2016

Management Decision

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“…These results are consistent with the findings of earlier studies (e.g. Alexander, 1985;Al-Ghamdi, 1998;Kargar and Blumenthal, 1994;O'Regan and Ghobadian, 2007). …”

Section: The Implementation Of Strategic Planning and The Creation Ofsupporting

confidence: 94%

Strategic planning implementation and creation of value in the firm

Aldehayyat

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2010

Strategic Change

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“…À notre connaissance, il n'existe aucune étude empirique sur la planification stratégique dans le réseau des commissions scolaires du Québec. au terme d'une recension des écrits, o'regan et Ghobadian (2007) notent que la planification stratégique est largement implantée dans les pratiques de gestion des entreprises privées aux états-unis d'amérique. Bien que de nombreux dirigeants croient que la planification formelle permet d'accroître la performance des organisations, plusieurs recherches empiriques tendent à contredire cette croyance (par ex., Gibson & casar, 2005 ;Glaister, dincer, tatoglu, demirbag, & Zaim, 2007 ;o'regan & Ghobadian, 2007).…”

Section: Contexte De La Rechercheunclassified