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Strategic Planning And Firm Performance: A Proposed Theoretical Model For Small Agribusiness Firms

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  • Phillips, Jon C.
  • Peterson, H. Christopher

Abstract

The link between strategic planning and firm performance has been studied for over two decades. This paper examines this link, with emphasis on small agribusiness firms. A model of strategic planning and performance is developed and applied to small agribusiness firms. Implications for research and limitations are discussed.

Suggested Citation

  • Phillips, Jon C. & Peterson, H. Christopher, 1999. "Strategic Planning And Firm Performance: A Proposed Theoretical Model For Small Agribusiness Firms," Staff Paper Series 11685, Michigan State University, Department of Agricultural, Food, and Resource Economics.
  • Handle: RePEc:ags:midasp:11685
    DOI: 10.22004/ag.econ.11685
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    File URL: https://ageconsearch.umn.edu/record/11685/files/sp99-41.pdf
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    References listed on IDEAS

    as
    1. J. Scott Armstrong, 1982. "The value of formal planning for strategic decisions: Review of empirical research," Strategic Management Journal, Wiley Blackwell, vol. 3(3), pages 197-211, July.
    2. Randall Y. Odom & W. Randy Boxx, 1988. "Environment, planning processes, and organizational performance of churches," Strategic Management Journal, Wiley Blackwell, vol. 9(2), pages 197-205, March.
    3. Charles W. L. Hill & Michael A. Hitt & Robert E. Hoskisson, 1992. "Cooperative Versus Competitive Structures in Related and Unrelated Diversified Firms," Organization Science, INFORMS, vol. 3(4), pages 501-521, November.
    4. Richard B. Robinson & John A. Pearce, 1983. "The impact of formalized strategic planning on financial performance in small organizations," Strategic Management Journal, Wiley Blackwell, vol. 4(3), pages 197-207, July.
    5. Myron Gable & Martin T. Topol, 1987. "Planning Practices of Small-Scale Retailers," Entrepreneurship Theory and Practice, , vol. 12(2), pages 19-32, October.
    6. Jeffrey S. Bracker & Barbara W. Keats & John N. Pearson, 1988. "Planning and financial performance among small firms in a growth industry," Strategic Management Journal, Wiley Blackwell, vol. 9(6), pages 591-603, November.
    7. J. Scott Armstrong, 1986. "The value of formal planning for strategic decisions: Reply," Strategic Management Journal, Wiley Blackwell, vol. 7(2), pages 183-185, March.
    8. Henry Mintzberg, 1978. "Patterns in Strategy Formation," Management Science, INFORMS, vol. 24(9), pages 934-948, May.
    9. Peterson, H. Christopher, 1997. "The Epistemology Of Agribusiness Methods Of Agribusiness Scholarship," Staff Paper Series 11725, Michigan State University, Department of Agricultural, Food, and Resource Economics.
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    Cited by:

    1. Canziani, Jose Roberto Fernandes & Peres, Fernando Curi & de Noronha, Jose Ferreira, 2003. "Counseling Brazilian Farmers on Their Management Activities," 14th Congress, Perth, Western Australia, August 10-15, 2003 24385, International Farm Management Association.

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    Keywords

    Agribusiness;

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