Abstract
In a situation with rapid change people may question the benefit of planning. In their study’ In search of excellence, ‘ Peters and Waterman (1982) emphasized strategic planning integrated with a good understanding of own competitive advantages as the most important success factor. Jauch and Glueck (1988) states that businesses with a formal strategic planning process have a higher probability of success than those without a formal process. On the other hand there exists no such thing as a definite study that proves that strategic management causes better performance.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 1995 Bjørn Andersen, Harald Bredrup, Reinholdt Bredrup, Ann-Charlott Pedersen, Karianne Prytz, Asbjørn Rolstadås, Tim Torvatn
About this chapter
Cite this chapter
Bredrup, H. (1995). The Traditional Planning Hierarchy. In: Rolstadås, A. (eds) Performance Management. Springer, Dordrecht. https://doi.org/10.1007/978-94-011-1212-3_5
Download citation
DOI: https://doi.org/10.1007/978-94-011-1212-3_5
Publisher Name: Springer, Dordrecht
Print ISBN: 978-94-010-4531-5
Online ISBN: 978-94-011-1212-3
eBook Packages: Springer Book Archive