Cross-Cultural Studies of Strategic Planning

While a substantial amount of literature exists
on the importance of strategic planning and it is generally accepted, at least
in the US, that implementing and maintaining formal planning processes at the
appropriate time during the development of the company is an essential element
in creating and maintaining competitive advantage, research on the use and
effectiveness of strategic planning in other countries, particularly developing
countries, is less common and the evidence that strategic planning improves
performance in those countries is less compelling.  This report provides a brief introduction to cross-cultural studies of strategic planning.

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