Strategic Management: Lessons from Success and Failure
Article Abstract:
Corporate planning is generally not as effective as it can be. Research shows that it is done too often in an atmosphere of crisis or urgency rather than as a continuing function where changed conditions are anticipated. Studies show that firms with good corporate planning do better. Several reasons for deficient corporate planning are given, with suggestions for corrective measures. The factors in the decline of British industry since World War II are examined. Four trends in British industry are reviewed, with industry's responses. Examples of firms with successful strategic management are given. Diagrams and tables are employed.
Publication Name: Long Range Planning
Subject: Economics
ISSN: 0024-6301
Year: 1984
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Does top management add value to investment decisions?
Article Abstract:
A survey on the investment decision-making processes as seen through the eyes of top head office and divisional executives in leading companies in the UK was presented. The companies surveyed, which were all UK-based, ranged from UK- to European- and US-owned companies. Results indicate that divisions and parent companies have opposing views of their role in strategic decision-making. Additionally, under-investment in UK industries can be explained by the existing gap between divisions and their parent companies.
Publication Name: Long Range Planning
Subject: Economics
ISSN: 0024-6301
Year: 1992
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Dealing with a Corporate Identity Crisis
Article Abstract:
A company can go off in the wrong direction, straying from its paths to goals. This tells how to guard against it and how to recognize signs that it is happening. There are three case histories of firms that got off on the wrong track and how they solved their problems. They are Sears, Roebuck and Co., A.B. Dick Co., and one anonymous company. It is the chief executive officer (CEO) who must take the responsibility for keeping his company on track. Management teams should not be relied upon for this task.
Publication Name: Long Range Planning
Subject: Economics
ISSN: 0024-6301
Year: 1984
User Contributions:
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