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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.

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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.

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