Universitas Bhayangkara Jakarta Raya

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Kornelius, Hermas and Bernarto, Innocentius and Widjaja, Anton Wachidin and Purwanto, Agus Competitive Strategic Maneuverability: The Missing Link Between Strategic Planning and Firm’s Performance. International Journal of Advanced Science and Technology, International Journal of Advanced Science and Technology.

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Abstract

The strategic planning process consists of setting company objectives, scanning the external environmental conditions, organizing internal strategic issues, determining strategy choices, formulating implementation plans, control and monitoring. A study of the literature shows that for some organizations there is a positive relationship between strategic planning and performance; however, some evidence suggests that it is not significant. There is still debate among scholars due to inconclusive results. This study revisits the literature on strategic planning and proposes a new approach incorporating strategic flexibility, agility, and responsiveness derived from dynamic capabilities theory. A new concept called “competitive strategic maneuverability” is introduced to bridge the gap between a firm’s strategic planning and performance. Subsequently, the dimensions and indicators that measure the concept of competitive strategic maneuverability are developed for the purposes of further empirical research. Keywords: strategic planning, agility, flexibility, responsiveness, maneuverability, firm performance

Item Type: Other
Subjects: Ilmu Sosial > Ekonomi
Divisions: Fakultas Ekonomi dan Bisnis > Manajemen
Depositing User: Anton Wachidin Widjaja
Date Deposited: 02 Sep 2020 01:37
Last Modified: 02 Sep 2020 01:37
URI: http://repository.ubharajaya.ac.id/id/eprint/4781

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