Strategic Planning Improves Manufacturing Performance

Armstrong, J. Scott (1991): Strategic Planning Improves Manufacturing Performance. Published in: Long Range Planning No. 24 (1991): pp. 127-129.

Abstract

A quantitative critique of 28 studies concludes that formal planning is valuable for firms. The results were particularly favorable for manufacturing firms: nine studies found formal planning to be associated with better performance and none found detrimental performance.

• Item Type: MPRA Paper
• Language: English
• Keywords: formal planning, strategy
• Subjects: L - Industrial Organization > L1 - Market Structure, Firm Strategy, and Market Performance; O - Economic Development, Innovation, Technological Change, and Growth > O2 - Development Planning and Policy > O21 - Planning Models ; Planning Policy

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