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Some systems aspects of strategic planning
Summary
This study explores strategic planning, presenting a control system model and analytical tools to enhance the process. It highlights how analysis can improve strategic planning, though some areas need further development.
Area of Science:
- Business Strategy
- Management Science
- Operations Research
Background:
- Strategic planning is crucial for organizational success.
- Existing models may not fully integrate analytical contributions.
- The role of analysis in strategic planning requires clear definition.
Purpose of the Study:
- To develop a conceptual model of the strategic planning process.
- To identify key elements within the strategic planning process.
- To assess the contribution of analytical tools to strategic planning.
Main Methods:
- Conceptual modeling based on control system theory.
- Identification and categorization of analytical tools.
- Discussion of tool relevance and application within the planning process.
Main Results:
- A conceptual model of strategic planning was developed.
- Four groups of analytical tools were presented and evaluated.
- Concurrent use of diverse analytical tools across the planning process is suggested.
Conclusions:
- Analysis significantly contributes to strategic planning.
- The integration of analytical tools can be optimized.
- Further research is needed to establish analytical tool usage in all planning phases.