IDEAS home Printed from https://ideas.repec.org/a/ids/ijpmbe/v1y2005i1p63-81.html
   My bibliography  Save this article

The strategic planning process: a navigational tool for competitive advantage

Author

Listed:
  • Nicholas O'Regan
  • Abby Ghobadian

Abstract

In today's turbulent environment, managers increasingly need reliable navigational tools to achieve competitive advantage. Many academics and practitioners consider strategic planning to be such a tool. This view is supported by empirical evidence that shows a close correlation between well-developed strategic plans and superior performance. However, to-date there is no consensus on what "strategic planning" is and what its main characteristics are. This has resulted in a degree of confusion leading to some doubts on the value of the strategic planning process. This paper identifies the key factors and sub-factors in the strategic planning process.

Suggested Citation

  • Nicholas O'Regan & Abby Ghobadian, 2005. "The strategic planning process: a navigational tool for competitive advantage," International Journal of Process Management and Benchmarking, Inderscience Enterprises Ltd, vol. 1(1), pages 63-81.
    • Handle: RePEc:ids:ijpmbe:v:1:y:2005:i:1:p:63-81
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=6112
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:ijpmbe:v:1:y:2005:i:1:p:63-81. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=95 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.