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Strategic Planning - Science topic

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Hello. I'm currently having a problem searching for the right questionnaire to measure the level of Strategic Planning of business owners/owner-managers for Small Medium Enterprise (SME). Something that can be measured using Likert-Scales. Can anyone help me? I am looking for objective measurement of their level of strategic planning. I badly needed it. Thank you in advance.
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create your own after you identify variables to define strategic planning process in your study. You can adopt Likert scale or any other.
here is a sample : Note that it is more semantic and descriptive rather than clearly mentioning planning parameters . It talks of exitance of policies and statements and monitoring. Hence the study can be in many ways depending on your research statement and design. you may instead ask specific performance parameters set by strategies for example what market share you expect what benchmarking parameters you have adopted compared to nearest competitor.
anyway here is sample framing of questionnaire
Questionnaire on Strategic Planning in Small and Medium Enterprises (SMEs)
Instructions:Please indicate the extent to which you agree or disagree with the following statements regarding strategic planning in your enterprise. Use the scale below to respond to each item:
1 = Strongly Disagree 2 = Disagree 3 = Neutral 4 = Agree 5 = Strongly Agree
Section 1: Strategic Planning Awareness and Commitment
  1. Our organization has a formal written strategic plan.
  2. The management team actively participates in the strategic planning process.
  3. Strategic planning is considered a critical activity in our business operations.
  4. Employees are aware of the strategic goals of the organization.
  5. Adequate resources (time, personnel, finances) are allocated for strategic planning activities.
Section 2: Goal Setting and Vision
  1. Our organization has a clear and well-defined mission statement.
  2. The vision of the enterprise is communicated effectively to all stakeholders.
  3. Our strategic goals are specific, measurable, achievable, relevant, and time-bound (SMART).
  4. Strategic goals align with the long-term vision of the enterprise.
  5. Stakeholder feedback is considered when setting strategic goals.
Section 3: Environmental Scanning and Analysis
  1. Our organization regularly analyzes market trends to identify opportunities and threats.
  2. Competitor analysis is conducted to understand our position in the market.
  3. Internal strengths and weaknesses are assessed during strategic planning.
  4. Our enterprise uses data-driven methods for strategic decision-making.
  5. We consider regulatory and technological changes in our planning process.
Section 4: Strategy Formulation and Implementation
  1. Our organization evaluates multiple strategies before deciding on a course of action.
  2. Strategic initiatives are prioritized based on their potential impact on business performance.
  3. Action plans are developed to implement the strategies effectively.
  4. Responsibilities for implementing strategies are clearly assigned.
  5. Regular communication ensures that all employees are aligned with the strategy.
Section 5: Monitoring and Evaluation
  1. Our organization regularly monitors the progress of strategic initiatives.
  2. Key performance indicators (KPIs) are used to measure the success of our strategies.
  3. The outcomes of strategic initiatives are reviewed and analyzed.
  4. Lessons learned from previous strategic plans are incorporated into new plans.
  5. Strategic planning processes are updated based on changes in the business environment.
Section 6: Strategic Planning Challenges
  1. Lack of time is a significant barrier to effective strategic planning in our organization.
  2. Financial constraints limit the scope of our strategic planning.
  3. Resistance to change affects the implementation of strategic initiatives.
  4. Uncertainty in the market makes it challenging to develop effective strategies.
  5. Our enterprise faces difficulty in accessing reliable data for strategic planning.
Section 7: Technology and Innovation in Strategic Planning
  1. Our organization uses technology tools (e.g., analytics, software) to enhance strategic planning.
  2. Innovation is a key consideration in our strategic decision-making process.
  3. Digital transformation initiatives are part of our strategic plans.
  4. Technology adoption has improved the effectiveness of our strategic planning processes.
  5. Our organization leverages online platforms for market research and strategy formulation.
Section 8: Owner/Manager Perspectives
  1. Strategic planning has contributed to the growth and success of our business.
  2. The owner/manager plays a significant role in driving the strategic planning process.
  3. Strategic planning helps us to stay competitive in our industry.
  4. We regularly seek external advice or consultancy for strategic planning.
  5. Our strategic planning process has evolved significantly over the years.
Thank You for Your Participation!
Your responses will provide valuable insights into the strategic planning practices of SMEs and help improve support frameworks for small businesses.
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Adakah disini yang pernah meneliti atau memiliki referensi penelitian tentang IT Strategic Plan yang menggunakan Model IASA Framework?
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I am looking for an example of research on the topic of strategic planning of IT/IS, especially those that use the IASA Framework approach or methodology.
Would you be willing to help me?
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Today the PhD landscape is changing and transferable skills are needed to ensure high employability for PhD graduates. Where do you want to be 1,5 and 10 years after your PhD is completed? Whether it is inside or outside academia, you need to strategically craft your career path and use work-integrated learning (WIL) as a tool to reach your goals and promote your skills in different contexts.
The new interdisciplinary PhD course at University West: “Strategic career planning in PhD education via Work-integrated Learning” aims to support your strategic planning, skills matching and open novel reflections on how to use WIL to promote your future career.
The course is online, part-time, week 36-42.
Looking forward to meeting you in autumn!
Please share to fellow PhD students in your networks!
Best regards, Kristina Areskoug Josefsson & Anna Karin Olsson, University West, Sweden
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Nothing can restrain talent, skills, commitment ,dedication and humility
A good PhD with enough class 1 publications and good research or teaching record can hope to get tenured posting research organizations or institutes at Associate professor after 15 years
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Discuss the common strategies that led to dubai aviation success, such as government investment, strategic planning, and leveraging geographic location.
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Dubai's aviation success can be attributed to a combination of several key strategies. First, significant government investment has played a pivotal role, with the government prioritizing infrastructure development and ensuring world-class facilities such as Dubai International Airport and Al Maktoum International Airport. Second, strategic planning has been crucial, particularly in fostering strong partnerships with global airlines and focusing on becoming a major transit hub. Finally, Dubai has leveraged its geographic location, situated at a crossroads between Europe, Asia, and Africa, allowing the emirate to serve as a central hub for international travel and commerce. These factors together have propelled Dubai's aviation sector to global prominence .@PrateekshaSharma
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What components does the cyber space governance strategic plan include?
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The strategic plan for cyberspace management should be implemented taking into account, the strategic, long-term goals of the development of information systems that have access to the Internet with a particular focus on improving both the logistics of Internet media, the implementation of new Internet technologies and technological solutions, the use of Internet technology innovations to improve both Internet data transfer, archiving and processing of data on Big Data Analytics platforms operating in the cloud, and the improvement of the process of cybercrime risk management and the development of cyber security systems of Internet data transfer.
I have described the issues of the role of information, information security, including business information transferred through social media, and the application of Industry 4.0/5.0 technologies to the improvement of social media data and information transfer and processing systems in the following articles:
The postpandemic reality and the security of information technologies ICT, Big Data, Industry 4.0, social media portals and the Internet
The Importance and Organization of Business Information Offered to Business Entities in Poland via the Global Internet Network
THE QUESTION OF THE SECURITY OF FACILITATING, COLLECTING AND PROCESSING INFORMATION IN DATA BASES OF SOCIAL NETWORKING
IMPORTANCE AND SECURITY OF INFORMATION PROVIDED BY THE INTERNET IN THE CONTEXT OF THE DEVELOPMENT OF ECONOMIC ENTITIES IN POLAND
I invite you to get acquainted with the issues described in the publications given above and to cooperate in scientific research on these issues.
Please write what you think in this problematic?
What is your opinion on this issue?
I invite you to scientific cooperation in this problematic.
My warmest greetings,
Dariusz Prokopowicz
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🌟 Unleash the Power of AI in Business Strategy 🌟
According to Deloitte's "State of Generative AI in the Enterprise" report (January 2024), which surveyed directors and C-level executives from organizations across 16 countries:
  • 56% are focusing on using AI to enhance efficiency, productivity, and cost savings.
  • 91% of organizations expect AI to boost their productivity.
  • However, only 29% are leveraging AI for strategic objectives such as innovation and growth.
These findings highlight a significant opportunity for businesses to harness AI not only for operational gains but also for strategic innovation and development.
🚀 Join the Dialogue:
As part of my MBA research, I'm delving into the effective and ethical use of AI in strategic planning. I'm seeking insights from seasoned management professionals to contribute to this vital study.
🔍 Why Participate?
  • AI in Business: Learn how advanced AI tools can revolutionize decision-making processes.
  • Strategic Planning: Discover ways to integrate AI into the development and execution of comprehensive business strategies.
  • Future Trends: Stay ahead with insights into the latest AI advancements and their implications for your industry.
💡 Your Expertise is Crucial:
I invite business managers, marketing leaders, HR professionals, operations heads, sales directors, technology experts, and creatives to participate in a brief survey. Your input will be invaluable in shaping a thorough analysis of AI's role in strategic planning.
Let's collaboratively shape the future of AI in business!
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I’m a business leader and can help you by replying the survey. Please send me the link.
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Every enterprise has main internal systems or functional areas. There are many theories trying to define which are the main ones. How the main systems are connected between each other . Which are their sub systems or sub sub systems.
Let's discuss on which are, in our opinion, the main systems (functional areas) in an enterprise and how they are connected. Maybe even see what they consist of?
This is similar to our human bodies which all have digestive system, cardiovascular system, respiratory system, skeletal system, etc. even though on the outside we are all so different.
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In an enterprise, various functional areas work cohesively to ensure the smooth operation and success of the organization. These functional areas are interconnected and hierarchically structured to streamline processes, enhance efficiency, and achieve overall business objectives. The main functional areas in an enterprise typically include marketing, finance, human resources, operations, and information technology.
Marketing is responsible for creating awareness, promoting products or services, and understanding customer needs. It interacts closely with the sales department to drive revenue and establish a strong market presence. Finance manages the organization's monetary aspects, handling budgeting, financial reporting, and investment decisions. The finance department collaborates with other areas to allocate resources effectively and support strategic initiatives.
Human resources (HR) focuses on managing personnel, recruitment, training, and employee relations. It plays a crucial role in fostering a positive organizational culture and ensuring that the workforce aligns with the company's goals. HR is closely linked with operations to ensure adequate staffing levels and optimal utilization of human capital.
Operations involve the day-to-day activities that contribute to product or service delivery. This area collaborates with all other departments to ensure a seamless production process and timely delivery of goods or services. Information technology (IT) supports the organization by managing technological infrastructure, software, and data. It is interlinked with every functional area, providing the necessary tools and systems for efficient business operations.
The hierarchical structure within these functional areas is designed to facilitate effective communication, decision-making, and coordination. Typically, each functional area has a department head or manager overseeing its operations, and these leaders report to higher-level executives or the CEO. This hierarchical structure ensures that information and directives flow smoothly from top management down to the operational level and vice versa.
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How do we develop a comprehensive strategy for the state that employs strategic planning tools and future studies techniques such as matching, relationship trees, and time series?
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Developing a strategic planning tool requires a systematic approach.
  • Define the scope and objectives of the strategy.
  • Conduct a situation analysis.
  • Identify strategic options.
  • Evaluate strategic options.
  • Select preferred strategic options, then
  • Develop an action plan.
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SWOT analysis, PESTEL analysis and IG ANSOFF matrix strategic planning for how reinsurance company can venture into business opportunities in Democratic Republic of Congo capitalising in the mining industry
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PESTLE looks at external factors that may affect an organization. SWOT, on the other hand, looks internally within companies to identify strengths and weaknesses as well as attractive opportunities and potential threats. Companies can use both methods together.
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future management
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You should check out Richard Whittington’s book Opening strategy
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For a couple of decades, my colleagues and I have helped companies craft 15-30 year strategic plans. Now that some are bearing fruit, we are wondering what the empirical research shows.
Francis Wade
Framework Consulting
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Dear Mr Wade:
The long term planning would be only useful for certain industries (energy for instance) but not for others, as Mr. Oliver Serrat says. Perhaps what you can study, if you ´ve been working on long term planning with colleagues for a time, is the industries to which these companies belong and see what link exists between long term plan accuracy and kind of industry.
Regards
Gustavo Concari
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Of course, I've read the original paper (Linking the, People with the Strategic Needs of the Business) . Is there any paper which explain the content and application of that model better? Most papers by Schuler, R. S., are about stakeholders framework. One of his paper (1989) is about the relationship between HR and the life cycle. I've read all of them. but how about 5_Ps model?
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The 5 P Model of Schuler(1992) explains how an organization collaborates with 5Ps by looking into internal and external environmental characteristics to obtain its strategic goals which in turn leads to achieving organizational objectives.
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The public administration is the real institution to provide service to the country's population, but planners face difficulty in analyzing the internal and external environment to identify opportunities, threats, strengths and weaknesses, to build a strategic plan that can meet the needs of the people.
So, how can we analyze the internal and external environment of the public administration institution in the country from your point of view?
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make with SWOT analysis.
SWOT stands for Strengths, Weaknesses, Opportunities, and Threats, and so a SWOT analysis is a technique for assessing these four aspects of your business.
SWOT Analysis is a tool that can help you to analyze what your company does best right now, and to devise a successful strategy for the future. SWOT can also uncover areas of the business that are holding you back, or that your competitors could exploit if you don't protect yourself.
A SWOT analysis examines both internal and external factors – that is, what's going on inside and outside your organization. So some of these factors will be within your control and some will not. In either case, the wisest action you can take in response will become clearer once you've discovered, recorded and analyzed as many factors as you can.
SWOT seems simple, but, if used carefully and collaboratively, it can be very revealing. For example, you may be well aware of some of your organization's strengths, but until you record them alongside weaknesses and threats you might not realize how unreliable those strengths actually are. Equally, you likely have reasonable concerns about some of your business weaknesses but, by going through the analysis systematically, you could find an opportunity, previously overlooked, that could more than compensate.
In this article, video and infographic, we explore how to carry out a SWOT analysis, and how to put your findings into action. We also include a worked example and a template to help you get started on a SWOT analysis in your own workplace.
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How do we measure the effectiveness of strategic planning in higher education?
and ,What is the difference between the effectiveness of strategic planning and the effectiveness of strategic planning practices?
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The future of marketing development in social media
Marketing in social media is still a very developing field in the field of marketing techniques used on the Internet. On the one hand, some of the largest online technology companies have built their business concept on social media marketing or are entering this field.
On the other hand, there are startups of technology companies acquiring data from the Internet and processing information in Big Data database systems for the purpose of providing information services to other entities as support for strategic and operational management, including planning advertising campaigns.
Therefore, the question arises:
What tools for social media marketing will be developed in the future?
Please, answer, comments
I invite you to the discussion
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Nowadays, events are much more than mere gatherings. Instead, they are a place where you can promote your brand to spread your business ideas.
In many situations, you can meet like-minded people and form valuable relationships. However, you need to have a viable promotion plan, as well as a way for people to network at the event itself.
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What are some solution to compare different strategic planning models? Would it be reasonable to compare previous strategic planning models for a non profit organization like universities?
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Good afternoon,
The different strategic planning models used by universities can be compared especially for suitability and granting competitive advantage to the university. The how of strategic planning will affect this suitability. A research in Kenya indicates that the intensity and formality of the strategic planning process will have a direct effect on the strategic planning and performance relationship. Variables of the balance score card operationalized performance of universities. The link provided is for the study
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Compared to the Western World , COVID 19 has disrupted the African higher education institutions hugely. The transition from the face-to-face instructions to online learning or blended teaching has not been easy in Africa at all. African Universities needed highly trained manpower, uninterrupted Internet access, modern management systems, latest strategic plans, flexible curriculum, and quality assurance systems to grapple with the gruesome and unexpected effects of COVID -19. Fear has pervaded our campuses. In many African Universities, even the elderly Professors do not have access to vaccines yet. Should African higher education institutions re-design strategic plans in response to COVID 19?
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Haileleul, you have raised an important question for discussion. I think the COVID-19 pandemic has caught all sectors, including the HE sector, by surprise. As a result, the lack of preparedness has manifested itself in the sometimes chaotic, partly reactionary and sometimes ad-hoc ways in which institutions of state and organisations have sought to deal with the digitalisation, educational, welfare, developmental and other challenges caused in the wake of the pandemic. To this end, I think that African HE institutions should try and recalibrate their structural, procedural, processual and systemic architectures in order to address the problems more strategically. Interesting...
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  • Business Critical failure indicators CFI
Multinational organizations as well as SME or any type of business organization for that matter share the same principle which is succeed. However success is not usually the end result due to XXX factors either internal or external or else, they all have left the business opportunity to other competitors or any other reason of such.
Below is a small list i picked from the net about these companies that really got my attention because they all shared greatness in their days and completely got cast away afterwards:
1- Kodak
2- Nokia
3- Xerox
Therefore, i would kindly solicit the help of anyone who thinks he has a close as possible answer (CFI's) that he/she could foresee before the their business ends up in a failure, what could be the possible way, approach or strategy that might help, and how to separate the right CFI from the wrong one.
Thank you in advance for your answers.
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Pareto's principle can be applied for evaluation.
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Is the role of strategic management changing in the context of current economic processes and the development of new information technologies typical of the current fourth technological revolution, known as Industry 4.0?
Strategic management is an important area of ​​management in the context of management of both individual enterprises (microeconomically) as well as domestic economic policy (macroeconomics).
In connection with the development of internationally operating corporations, strategic management acquires a new character, it becomes a part of the study of information and economic globalization processes.
In addition, strategic management can also change its charler in relation to processes such as prolonged business cycles, shortened life cycles of products, increased importance of information, technology, innovation, etc. as particularly important production factors in knowledge-based enterprises and economies in which an ever-increasing role of fully computerized advanced information processing technology, ie technologies typical of the current fourth technological revolution, known as Industry 4.0.
The current technological revolution, known as Industry 4.0, is determined by the development of the following technologies of advanced information processing: Big Data database technologies, cloud computing, machine learning, Internet of Things, artificial intelligence, Business Intelligence and other advanced data mining technologies.
Do you agree with my opinion on this matter?
In view of the above, I am asking you the following question:
Is the role of strategic management changing in the context of current economic processes?
Please reply
I invite you to the discussion
Thank you very much
Best wishes
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It may be necessary to change the attitude and methodology of explaining and discovering the appropriate strategy management, according to iera of Industry 4.0 based on determining factors such as information technology, ICT and most importantly, human aspects.
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I am looking for practical rather than theoretical responses; indicators, measures, polices, practices and so forth.
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I agree with you dear John Mendy.
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After some intensive literature review, I am proposing a "Strategic Renewal Model" to assist organizations to fill the performance gap between Strategic Planing and Strategic Execution. A key step is to identify the most important factors in Strategic Planning and Strategic Execution. I have created a questionnaire to define those factors. As you have a wealth of Strategic Planning and Strategic Execution experience with your own and many other organizations you work with, or the literature your read, would you please:
  1. Take a look at the questionnaire and let me know if those factors listed are sufficient to address strategic planning and execution? Are there any factors that I should take out, or add?
  2. Would you please grant me a half an hour telephone interview based on the questionnaire after I finalize it and get it approved in a few weeks?
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Questionnaires designed to share customer positives are a great strategy to increase your confidence in future purchase rates. You can use this content in media such as websites, blogs, social media pages, and more. As long as you conduct a marketing questionnaire, it's easy to collect the evaluation sits made by satisfied customers, but don't forget to ask for the other person's consent first!
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One of my master’s students writes in the variable of strategic planning for human resources and we are in the process of measuring and need an approved scale to design the questionnaire for the study ... Note that the title of the study is “The effect of strategic planning of human resources in the proactive work behavior " .
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Thank you very much for the answer
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Hi Guys!
I came across a master thesis which presents a scenario about the future of nursery in a particular sanitary region. In the methodological section the author states that he provided the experts gathered in the brainstorming exercise with the driving forces and the respective uncertainties so that they can pick the critical ones, in order to build the scenario. Is that a good procedure? Actually this is the first time I came across with this. I think brainstorming meant o provide the driving forces. Am I wright?
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The objective of brain storming is to check whether the initiators of the session have missed any blind spots. So if you give the driving forces up front it could have two outcomes - stereo type answers which the team already knew, or something new which the team had missed earlier.
This is where the moderator's expertise comes into play - to constantly track the progress and if the session is heading in a direction which we already knew, the Moderator needs to play the devil's advocate to divert the discussions into unknown terrains.
But personally I would not give the driving forces earlier. Let the participants come up with a list of driving forces and the scenarios for different combination of these forces. That way the ideas generated will be large in numbers.
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A well-crafted strategic plan of an organization shows the destination where it wants to find itself sometime in the foreseeable future. Without having such a plan, normally an organization is believed to move nowhere, virtually resembles to a ship that sails without a captain. Understanding these, many organizations develop strategic plans YET lots of limitations in terms of measuring intended results, or in terms of stating strategic themes in measurable fashion. Efforts are seen in literature, for instance about 'objectives' in strategic plans should be SMART (Specific, Measurable, Attainable, Realistic and Time-bounded). For me, being SMART is necessary but not adequate; so for years (especially in my management lectures) I suggest objectives to be a kind of SMARTER (Specific, Measurable, Attainable, Realistic, Time-bounded, Extending (Evolving), and Rewarding). However, in my understanding, still the question of 'Strategic Measurement' is not satisfactorily answered. Any better approach, framework or tool other than Balanced Scorecard to deal with measurements in Strategic Management in the context of institutions?
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Dear Dereje,
I am not sure about that whether they are better than BSC, however, there are some alternative measurement models focusing on measurement of organizational performance such as Tableau de Bord, Systemic Scorecard, Dynamic Multidimensional Performance Measurement Model, Performance Pyramid etc.
Best regards,
Mehmet
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Different transportation planners use different criteria to suggest or to propose a public bus route for one city.
There are different considerable factors to be used as a reference to propose such projects such as Traffic volume, future population dynamics, decision-maker's point of view, land use characteristics and other demographic characteristics may be used as a reference to propose a public bus route system for one Metropolitan city.
And, To consider the whole things in one case, it needs special, long preliminary investigations and careful attention.
I know that there are a bunch of planning concepts from different literature, But, i need a clear image on what were the necessary and obligatory planning criteria that must be considered in proposing public bus routes for one developing countries?
Any help is appreciated. It is open for learning-teaching discussion.
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The advantahe of bus routes is the quick ability to vary routes and pickup points as ridership demand changes. Population catchment area of a route is a key evaluation criterion...that attribute can help in selecting bus stops, bus frequency, and actual routes.
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The importance of strategic planning stems from the scientific way of moving from the stage of traditional systems to the stage of technical progress, keeping pace with advanced societies. Strategic planning is one of the most effective and useful administrative processes because it has a positive effect on the desired results. As well as it is a key element of the management of the institution at the present time and the stage of thinking that precedes the implementation of any work because planning a series of decisions related to the future to achieve the goals set.
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strategic planning refers to be better and effective in response to competitor by doing different things or doing the things differently in long run
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How do Business Intelligence (BI) and Big Data (Business) Analytics (BDA) contribute towards designing Strategic Performance Management Framework?
Kindly share your comments, thinking and any relevant research on it. Thanks in advance.
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Dear Deepak Verma:
Congratulations and thank you so much for asking this most valuable question with all of us! In that regard, Business Intelligence (BI) and Big Data (Business) Analytics (BDA) may contribute towards designing Strategic Performance Management Framework with the idea, which focuses on the deep and height increase in the tools, methods, and processes that lead to provide facilities for mechanical organization, which are called business intelligent. In this way, I believe that it might provide us with very good tools that entrepreneurs may utilize for business model enhancement as well as for nature principles, rhythms, or cycles. However, we must combine both Business Intelligence that collects data from the past and Business Analytics that allows us to build a clearer vision of the future. In any case, both tools can be complemented to develop a detailed analysis of the business and future of a company in order to make better decisions.
Warm regards,
Javier
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# Tuberculosis continues to be the major health concern for India and has the high burden status in the world.
#India is committed to stop TB under its National Strategic Plan for TB Elimination by 2025.
Therefore, to achieve these objectives, one of the important contribution is from the scientific community to discover a potent vaccine and fast acting drugs to control the ongoing infections. But still nothing substantial research has come out in the form of the final products.
I think T cell based vaccine has the potential to induce a robust immune response and therefore we need to concentrate on antigens which can activate T cells with a highest population coverage.
What are the different strategies we can adopt to achieve complete eradication of tuberculosis?
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Dear it is not easy to eradicate tuberculosis because of many factors including drug resistant strains, poor economic and political will to control the spread and availability of the drugs and qualified practioners to handle the patients carefully.
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Which factors affect integrated internal marketing mix? (These items or else. Please confirm the accuracy.)
-Product
-Price
-Communication
-Place
-Recruitment Practices
-Training & Development
-Reward/Motivation Systems
-Top Management Participation/Support
-Market Segmentation
-Market Orientation
..............
.......
...
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Krishnan Umachandran Thank you for your ideas and sharing your work.
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What is the fundamental difference between systems analysis and strategic planning in education ?
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System analysis is conducted for the purpose of studying a system or its parts in order to identify its objectives. Strategic planning is concerned with the vision, mission, and the process of setting goals, deciding on actions to achieve those goals and mobilizing the resources needed.
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Are there any researches done on Application of Balance Score Card at Foundry Manufacturing Companies?
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لا تدخل المدة الزمنية للخطة في تحديد كونها خطة استراتيجية أو غير استراتيجية
Time as an absolute concept, does not determine the type of issue a strategy was or not.
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Thanks Dear Dragoljub Šarović ragoljub Šarović
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I think the strategy as: an adjective, which calls on every concept to have an action, which the actor believes is comprehensive and has a great impact.‏Since there is no concept of a strategy that is not related to action, for example in military aspects, the plan or a ploy was called a strategy, metaphor. But what is meant is a strategic plan, a strategic a ploy . The strategic plan in organizations is only a set of strategic actions on paper. The act is not called "strategic action" unless it is characterized by a holistic nature and a profound effect. Also does not enter the longest or shortest of time in determining the type of act, strategically or not.
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Dear colleague,
There are two opposing views on understanding strategy in the references.
In the first case, a strategy is a concrete long-term plan for achieving a certain goal, and the development of a strategy is a process of finding a certain goal and drawing up a long-term plan. This approach is based on the fact that all emerging changes are predictable; the processes occurring in the environment are deterministic and can be fully controlled and managed.
In the second case, the strategy is understood as a long-term qualitatively defined direction of the enterprise development, concerning the sphere, means and form of its activity, the system of intra-production relations, as well as the positions of the enterprise in the environment. With this understanding, the strategy can be described as a chosen course of action, the functioning and scope of which should lead the organization to achieve its goals.
Good Luck,
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I am introducing a new theory of strategic management that goes beyond traditional strategic planning based on extrapolating the future and employing these events in managing current events faced by organizations, Under the name (future-based management).
Does building the new theory need sources?
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Dear Dr. Salam Jassim Hmood , Dear all,
New theory must be based on scientific or historical or religious foundations or theories and thus that new need sources.
Regards
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What types of knowledge, skills, attitudes and links must have the members of these teams, at the individual and team level? Which ones do you think are critical for success? Why do you think they are key success factors? Can you tell a story that you witnessed that provides evidence for the need of a success factor you mentioned?
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Maria, I'm probably thinking differently about this than you. One of the places I used to work at had a team of engineers, planners, biologists, GIS techs, etc. It was understood that no one professional had any specific 'authority' over any of the rest - we all listened and respected all views.
In my travels, one of the weaknesses I have found in the study of Sustainability Science is the narrowness of academia - we end up with 'an inch wide and a mile deep', because that is the quickest to train and saleable at the highest price. But that does no good when dealing with the complexities of Sustainability. Knowing that, some of the universities around here are advertising that they are trying to build up the 'T-shaped' engineer; in effect, having lots of depth in one narrow field, and a little coverage in everything else. But the 'everything-else' tends not to include history, political science, psychology, etc - all required to actually implement any kind of complex socio-econo-biological systemic change.
My advice would be to include several 'Expert Generalists' - maybe not academics, but with a broad enough background to be able to communicate with all of the Specialists, and note where the gaps and weaknesses are. People pleased with challenging orthodoxy, and not afraid of argument. The generalists may end up being the core team, using specialists on demand to answer key questions.
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Dear colleagues,
I'm looking for fellow researchers (2-3 in number) to collaborate in executing a research project in the Kingdom of Saudi Arabia (KSA). The project is in the field of strategic planning for health.
So please contact me if interested.
Note: Residing in the KSA is a favor.
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Dr. Assayed
I am interested in collaborating with you on a health research project centered on strategic planning. However, I do not reside in the Kingdom of Saudi Arabia (KSA). My background is in healthcare administration. I have a few questions if you don't mind. What is the scope of the study? Would I need to travel to KSA? What is the estimated time frame? Is the data already collected? Please see my website for more information:
Best,
Seth
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What are the current trends in research in Digital Strategic Planning? What are implications of the new trends on industry and professionals' skills?
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Do you have any experiences or case studies to make plan for residential local areas. Do you have any practices to develop residential local areas as commercial developed area. do you have any strategies to develop these kind of cities as commercial cities. most of the people are working out side of the city. therefore, most of the people are going out side daily. Therefore, day time population is low in the city. can we develop these cities as night functioning cities. add your valuable ides. i am waiting for you ideas.
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It seems like you are asking about the creating of commercial centres in existing mostly residential areas? There is quite a lot of good research on this. If you search 'suburban retrofits' or 'sprawl repair' 'commercial intensification' you should get lots of hits, including lots of images of diagrams. There are several important requirements: there must be no regulations (like zoning) preventing commercial uses, there has to be good accessibility and significant numbers of people nearby, and it is important that many or most of the people in the area think that this is a good idea.
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What factors influence implementation of strategic plans in county government?
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@John Kagumu knowing the context you are referring to very well, I do concur with Shetty that the Key people leading the change could be the main hindrance or catalyst of strategy implementation. So when it come to the county government, the Governor, the MCAs and Cabinet Secretaries are key. Looking at the few counties that have been able to achieve their strategic plans it was mainly because the leader supported it and took leadership of the same.
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Disruptive innovation
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Remember Peter F Drucker's imperative: Management is a practice! Identify a few real life cases of companies' successes with fundamental innovation so that you establish your phenomenological database. Then you can make your contribution by applying the "Sherlock Holmes' method" to reach a state of "Verstehen" (Max Weber), a true understanding of the situation, the actual innovation process and the key actors involved. Remember - the social reality of business and innovation is never governed by any laws of the kind that apply in the natural sciences. The social world is made up of unique phenomena! That is the basic ontological assumption. So, your potential contribution will be about adding to the language of disruptive innovation, making it richer for coming scholars and practitioners rather than pretentious "success formulas". Have you ever observed a copier of IKEA, for instance, that is more successful than the original? To beat the best you have to innovate.
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I am hoping to do some research on strategic management and public governance in Saudi Arabia and I am have little success in finding previous empirical studies of Saudi Arabia's public sector strategic planning.
My preference is for articles written in English.
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Dear colleagues, I would like to ask a question about process of strategic planning.
How strategic planning process in public companies can differs from private (proprietary) companies?
- main differences;
- main references and articles;
- statistics.
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The first thing should be how you define public companies. State own companies or companies own by many people such as Apple.
In case that you define it as state own companies, I think that is better if you do some qualitative research, since each reality is different. In the Ecuadorian case, I will answer this as a practitioner instead as a scholar. I have worked in both types and companies and I must said that public companies do not have strategy. They do not have strategy because they change general managers all the time and each person comes with new ideas and objectives.
I suggest that you should check empirical studies in the subject.
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I want to establish the relationship between the accident rate m such features as gross domestic product, the auto industry, the number of inhabitants, the density of the road network, etc.
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we all have got great information. Thank you for asking such an interesting question.
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I would like to know more about how strategic and operational planning are integrated in an event context. More specifically, I need academic proof that shows clearly where the strategic planning ends and where the operation planning starts and how these two concepts are related to each other?
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Operational planning and strategic planning have different levels of decision making and implementation. From this point of view there is no question about where ends one and begins the other since they are no linear processes evolving on the same axis. Operational planning is conceived generally for one year since for one year organization's resources can be controlled and aligned to the needs. Going beyond one year, more specifically 4-5 years, is about strategic planning, which different both in content and structure. Strategic planning contains strategic objectives, strategies and potential resources, and it basically a directional plan, not detailed one. If one cuts out of strategic plan a slice for one year and details it with resource allocation, deadlines and responsibilities, he/she may obtain an operational plan. In large companies there are top managers who think for the strategies of the companies, and operational managers who think how to execute the annual plan.
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I am doing a literature review for a study of the use of the 5 year planning system by China's national government. I would like to understand (1) the extent to which it is a strategic planning/management system, (2) the formulation of national strategy/strategies, (3) the mechanisms used to execute 5 year plans, and (4) the effectiveness/success of execution.
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Dear Dr Joyce,
I suggest you review this paper of 2017 from the journal Technological Forecasting & Social Change, especially figure 1, table 2 and the item 6.
Best regards,
Jhon W.Z.S
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Dear Prof. Dr. Mohamed,
You always have a new interesting issues in the electricity. do this project will include the electric vehicles or not? I think, they will change also the strategic plan for the energy sectors.
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You are welcome
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The identification of the occurrence of synergistic effects in the cooperative environment indicates that a synergistic effect may also be found in unsuccessful cooperative links. The cooperative connections are managed strategically but in a wrong way.
What are the main areas of failure?
  • Identification of the current state of the cooperative environment
  • Strategic planning of common goals
  • Updating strategic moves
  • Common setting of terms and cooperation rules
  • Cooperative interactions
  • Mutual communication
  • Appropriate combination of resources
  • Human capital
  • Evaluation of progress and results of cooperation
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hello,
I hope the following articles can be useful
Krumm, P. J., Dewulf, G., & De Jonge, H. (1998). Managing key resources and capabilities: pinpointing the added value of corporate real estate management. Facilities, 16(12/13), 372-379.‏
Gaggiotti, H. (2012). The rhetoric of synergy in a global corporation: Visual and oral narratives of mimesis and similarity. Journal of Organizational Change Management, 25(2), 265-282.‏
Chatterjee, S. (1986). Types of synergy and economic value: The impact of acquisitions on merging and rival firms. Strategic management journal, 7(2), 119-139.‏
Larsson, R., & Finkelstein, S. (1999). Integrating strategic, organizational, and human resource perspectives on mergers and acquisitions: A case survey of synergy realization. Organization science, 10(1), 1-26.‏
Li, S. X., & Greenwood, R. (2004). The effect of within‐industry diversification on firm performance: synergy creation, multi‐market contact and market structuration. Strategic Management Journal, 25(12), 1131-1153.‏
Good Luck
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i need paper om relatioship between technical, personal, entrepreneturial, business skills and strategic planning
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There ara Many research in strategic planning is found in the search engine ..
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I have been selected for the Quality Commission of my university, and we will start preparing internal evaluation report soon. However, a revision will be necessary about the strategic plan of the university and the KPIs for monitoring internal quality (education, research and administrative quality). I recently read a paper and there was an interesting example about determining stragey based on KPIs rather than vice a versa. This actually made sense since main KPIs are already fixed/widely used on national/international levels (like qualification frameworks, and policies of central higher education commissions), and many HEIs do not have the autonomy or the power to change these expectations. So here is the question: Is it better to determine strategy based on pre-established KPIs when compared to determining KPIs based on strategy?
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Dear H. Serkan Akilli,
Many university nowadays make the same move -- have the pre-established set of KPI (for example, the desired rank in the Times, Shanghai Index etc.) and them put any efforts to reach the formal indicators which correspond to the rank "Xth minus Y". The results are usually awful -- see the enclosed the classical paper on the consequences of stretch goals.
Kind regards,
Igor Gurkov
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In project management, strategic planning is essential to ensure the success of a project. How does strategic planning improves the productivity, cost and time? What are the basic steps or outline of strategic planning?
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Dear Prof. Deng Yong Leong, strategic planning offers you a long term perspective with a good understating of the external environment. Therefore, it has a strong influence on the outcomes of your project. That apart, the bearing of strategic planning on strategically managing and developing human resources really helps build a strong HR team that, in turn, helps in achieving better project outcomes. Congrats  
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Although waste management in the European Union (EU) has improved considerably in the past decades, almost a third of municipal waste is still landfilled and less than half is recycled or composted, with wide variations between Member States. The European Union has proposed a number of long-term targets for landfilling and recycling, as part of the new Circular Economy. By 2030, no more than 10% of municipal waste should go to landfill in the EU. In addition to this binding target, the new laws would include a total ban on the landfilling of waste which has already been separated and sorted for recycling. The recycling and re-use of municipal waste must reach 65% in Europe by 2030, with a target of 75% set for the recycling of packaging waste. Specific targets for resource efficiency, plastics and food waste were left out, however the EU reiterated its pledge to meet the global Sustainable Development Goal of halving food waste by 2030. The targets require a large shift in EU waste management, where currently only around 40% of municipal waste is recycled, and 30% landfilled. A number of supporting measures were therefore announced, to advance the circular economy in each step of the value chain - from production to consumption, repair and remanufacturing, waste management, and secondary raw materials that are fed back into the economy.
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My answer to the question (Can we really boost recycling economy in EU member states ...?) is straight NO if the question targets scholars of Europe & the rest of the world.
Scholars can give professional advice to governments but those in authority may not follow the advice promptly or keep on with the policy of postponing until shocking consequences start to appear.
Many times, I saw in Europe & in the Middle East countries "including ours" sending lot of used papers into waste dumps. Recycling papers is not that difficult & if the papers are re-used, this will result in less cutting of trees due to the drop of demand.
When IT is applied efficiently at universities, there will be very little need for paper work (e.g. many exams can be done online, corrected at the spot, and sent to the registration offices within minutes).
The example cited above was meant to indicate that those who hold responsibilities can stop wasteful practices & move those below to strict abiding by this common sense, IF THEY WISH.  
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We started a new project to analyze supply chain resilience in New Zealand. The plan is using bottom-up collected quantitative and qualitative data as an addition to the already established statistical database, and use these for developing the network and input-output models. We want to model the ripple of effect of different events and explore the potential impacts improving the bouncing back capabilities. Do you have any similar experience in any parts of the above? I would like to talk about your experience and understand what kind of difficulties we have to face off.
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 Hi Robert, 
Few years ago we tried to use input-output analysis as an approach to measure the economic impact of minning and compare in front of non-mining, communities in an arid zone in Mexico; following Rolfe and Ivanova (U. of Queensland) approach that they used in the Bowen Basin in Australia.
In our experience, we faced that the quality of the data available was far from desirable. Then we tried to built the input-output data... again the ammount and quality of data available make it a larger challenge than the project goals. Thus, we choose to mix some basic regional macroeconomic indicators, a survey and a stakeholders analysis, as an approach for measuring some economic and social impacts of minning in comparison with non-mining communities in the same region.  We exchanged the ellegance of the input-output analysis with a more detailed qualitative explanation of the econo-social perception about minning, in both kinds of communities. We published a book (in spanish) about that work last year..
 My suggestionn is to read Rolfe & ivanova's report about the Bowen Basin. Then compare the data available (quality, ammount, historic data, etc), checking the dissagregation level that they allow and, the ammount of assumptions and estimations that you were required to do to dissagregate those data available. If the data is far from that you require, be careful, could be a long nightmare.
Hoping that this cooment could be useful, 
Daniel
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I'm researching for the drivers improve or weaken the performance of the firms bcoz of second generation as the CEO of family firms
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May I recommend you to have a look at the attached articles which I do hope to be helpful for you.
@Christiane Bughin
@Ine Umans
@Mats Westerberg
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Please Discuss at this point.
There is no discussion about (Where did the first leader come from?).
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Dear Colleagues,
Good Day,
Please, see what "Robert Kennedy" once said:
Good union leaders make excellent public leaders in the legislative and executive branches. 
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In the recent years, during cross-fertilization of ideas in conferences many scholars do criticize research methodologies of their contemporaries claiming that if the methodology is wrong the credibility of findings might be questionable. Thus, questionable findings often lead to erroneous recommendations which is synonymous to a wrong drug prescription from a quack medical doctor. By my observations,the shortest distance to wrong methodology usage in the research conduct and practices is failure to ask questions as regard to the suitable methodology. I am presently working on Institutional-based Strategic planning and i do not want to kill the system am trying to rescue with wrong recommendations. Kindly, help me at this juncture.
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I recommend the use of both qualitative and quantitative methods which will be equal to Mixed method approach. On using the qualitative approach, it will enable one on one interview with the employees of the particular institution which in this case have become the focus in form of a case study which thus will involve qualitative observation of the participants in their natural environment (Oguonu,2009).
Then involving quantitative approach will give you the opportunity for testing the set out objectives of the study which can be measured based on the identified variables, while you give quantitative numbers to the collected data also based on your sample population (Neuman, 2007).
Thus the combination of both approaches will give you a Mixed method approach which according to (Gall et al, 2007 :645) is the type of research 'that involves the combination of qualitative and quantitative methodologies in a single investigation.
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In the cause of my interactions with many Lecturers of tertiary institutions in Kano State. I discovered that only a few of them knows the meaning of Strategic planning let alone institutional-based strategic planning. By this, who are to respond to the questionnaires designed to collect data for analysis on the assessment of institutional based strategic planning of interest?
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I am a strategic planning consultant for the Portuguese Ministry of Justice. I agree that only a very limited set of people has some degree of strategic planning knowledge (Presidents and Director Generals of institutions and the strategic planning department people). However, it is possibly to apply institutional theory based questionaires to all colaborators, provided you can construct questions regarding complex issues of institutional-based strategic planning in a way enveryone can understand. I have done so in my PhD thesis.
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Many ways suggested for corporate world but how about educational institution?
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Dear Aruguman,
The best way to evaluate the strategic plan of a school (I presume a primary or secondary school, not a university) is to show it to any grandmother of a student. If everything will be clear to that lady, go ahead with the plan.
Bests,
Igor 
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I am currently writing my masters thesis on a multi national corporation that went through a merger in 2011 and an acquisition in 2016. I wanted to use the path dependency theory, from the perspective of the employees in a subsidiary company, as my theoretical framework by presenting the Merger in 2011 as the starting point, the changes that were made afterwards as actions triggering subsequent  more narrow choice of actions until it was reached to a point of lock in. At the end, I want to examine how this lock in affected retention rates of employees during the following acquisition in 2016. The set of actions that I wanted to include, which led to this lock in, are for example further specialization of the subsidiary company, removal of employee training programs, introduction of inefficient practices and activities, etc. Furthermore, I want to see how this lock in affected the employees' commitment to the company, for example - the further specialization of the subsidiary company in specific functions is limiting the career prospects for employees, which reduces the commitment. And as a final to see how this path dependency which has been created after the first merger, affected the employee retention rates during the following acquisition.  I am not sure however, whether this is doable and whether I am able to use the path dependency theory in such a way. 
My question is: Is such a project feasible? If not, in what way can I use the path dependency theory for the context of M&As? 
Or what other theoretical frameworks can be used to study the experience of employees from M&As, and its effect on the success of subsequent M&As?
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In my forthcoming book - "Energy Investments: An adaptive approach to profiting from uncertainties". London: Palgrave Macmillan (autumn 2017) - I illustrated the series of acquisitions of Serica and Lomond in the UK as examples. I used real options to examine how the acquisition of an apparently "stranded" asset actually created access to the logistics infrastructures that connected both gas fields to the UK market. Combined, the two fields became sizeable to become economically viable, while on their own they do not have the scale. This is an example of how one action - the acquisition of an asset - open opportunities (or create options) that was otherwise not available to either the acquiring or target company.    
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Hi,
I would like to get opinions about the place of CSR within (or outside?) global sustainable development (SD) efforts? What is common? What is missing? How are values of CSR (mis)aligned with the values of SD?
Thank you
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Dear Tetyana,
In this paper we discuss the relationship between SC and CSR.
Hope it helps and feel free to contact me.
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i know there is lots written about this but what i would like is an actual company that did this and explains in some detail what they did.
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James McCue. could you provide me with your email so we can discuss this. Thanks
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Our company is operating in Persian Gulf . In order to support its platforms and oil terminals has chartered several  marine vessels  ( e.g. Supply , AHTS , ASD Tugs , crew boat and Etc.. ) on time charter contracts . We are working to find a policy , method , to make best use of them , so that  operational cost be reduced , either reducing number of vessels or modifying charter contract term. It would be appreciated if you share your knowledge with me.
With Regards,
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Thank you very much for your feedback.
Dear Sir   My company Iranian offshore Oil Company ( http://www.iooc-co.ir )  has chartered 80 vessels of different kinds  for supporting its platforms.
These vessels are in service  on Time charter basis. being such IOOC has to provide fuel ( Gas Oil ) for running their  propulsion systems , generators , cranes , etc...
To reduce fuel consumption , we shall   reduce number of vessels in service by allocating more task to fewer vessels  , without  any bad affect on platforms operation.
I hope in some way you could  help me.
My Skype ID is  >>  capt.farrokhnejad <<  . It would be appreciated  if you add me on your contact list so we communicate verbally through Skype.
This is a problem that almost all Oil and Gas companies are suffering from . and if we could find a solution that will be very valuable for all concerned companies.
With Regards,
Farrokhnejad
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I am studying strategic management process and performance of 6 companies in two countries. Three companies in country A and three companies in country B. I want to know if it necessary or compulsory to control for age, firm size and location
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If we want to investigate true nature of cause and effect relationship between strategic management process (IV and) and firm performance (DV) then it is necessary to control the other variable that can have possible effect on dependent variables. 
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I wonder if EAP might be supported by Causal Mapping (see attached) it seems to work very well for strategic planning and student learning. The very functional relationships are also effective to identifying reporting and productivity levels.
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Looks interesting - thanks!
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knowledge risk management (Knowledge Continuity Risk,Knowledge Acquisition Risk, Knowledge Outsourcing Risk , Knowledge Articulation Risk)
strategic direction (vision, mission, goals, value)
organization effectiveness
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See the attached paper on the importance of mission statements and the focus strategy.
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I am preparing a short article to explain the potential of entotechnologies to treat organic waste in the province of Québec, Canada. I have good documentation of environmental benefits, nutritional value of animal feed, legislation and policy issues, types of waste and volumes, as well as consumer perception (from a 700 respondents survey). I will also use early life cycle analysis results from North America and Europe. I would like to introduce production details to facilitate comparisons with composting or biomethanisation projects which are common in my province. I'd like to share ideas on production costs, operational process, scalability challenges, odour management, etc, to facilitate the understanding of waste management engineers and municipal authorities. As entotechnologies are emerging in different parts of the world, I'd like to provide useful and representative values to get the attention of waste management operators and governmental agencies involved in strategic planning.
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Dear Louise,
This is not my field of research however recently served on a panel for US EPA to review several proposals for approaches to recycle food waste and many proposals dealt with use of insects on a mass scale including such ideas of soldier fly larvae in the decomposition process, etc. I think some of these were funded so i suggest you contact US EPA or search their website for projects funded for food waste recycling to obtain some of the information you are seeking.
Good luck!
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I hope to find good statistical studies about the using of Balanced scorecard in different countries, sectors, Reasons for using the BSC,  etc. especially public sectors from its emerging to up till now.
Or guide me to the organisation which is responsible for preparing this studies periodically and has a regular statistics.
thank you 
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Dear Wael,
For a general analysis of the Balanced Scorecard approach, please feel free to refer to my research paper: "The Balanced Scorecard and Beyond – Applying Theories of Performance Measurement, Employment and Rewards in Management Accounting Education".  In the paper you can find further references. It was published in the International Research Journal of Management Sciences 4 (7), pp. 483-491 and thus can be used for referencing.
Paul
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I am implementing both in an organisation strategic plan.
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Dear Ahmad,
Before using a Balanced Scorecard, you first have to find out what are the critical measures of performance in your organisation. These measures will become your KPIs. The indicators may widely differ among the organisations, depending on the goals, the strategy and the importance assigned by the organisations to their very indicators. For a general overview about the application of the Balanced Scorecard please feel free to refer to my research paper: "The Balanced Scorecard and Beyond – Applying Theories of Performance Measurement, Employment and Rewards in Management Accounting Education". In the study, the importance of alignment of the company's  strategy with the BSC is stressed. There you can find further references. It was published in the International Research Journal of Management Sciences 4 (7), pp. 483-491 and thus can be used for referencing.
Paul
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Why should organizations invest in strategic planning? How do such planning activities positively impact operational performance?
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I have little to add to what has been said here except that (i) pace worldwide attention to strategic planning, the notion of strategic practice is surprisingly new; and (ii) Sumantra Ghoshal and Christopher Bartlett have argued that purpose—not strategy—is the reason an organization exists (and so have recommended that organizations should move beyond strategy, structure, and systems to a framework built on purpose, processes, and people). A short article on strategic practice is at https://www.researchgate.net/publication/266478186_From_Strategy_to_Practice.
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The Brazilian Constitution establish a legal obligation to federal government to have a medium term strategic plan, the pluriannual plan. I wonder if there is any other country with similar obligation.
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in Poland statue law obliques government and self-goverment bodies to set up development policy strategies ( ustawa z 6 grudnia 2006 o zasadach prowadzenia polityki rozwoju Dz.U. 2014 poz. 1649 z późn. zm. ; Act of 6th December 2006 Law on Rules of Conducting Development Policy )
The bill is quite specific, I could make you a run-down if there is something you are specially interested. Basiclly under article 9 of this law development strategies plans fit in three categories: Long term strategies ( length of at least 15 years), medium term strategies (4-10 years), other strategies ( such as sectoral or regional strategies).
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 Dependent: In Yes or No
  Independent : In Yes or No
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Dear Dhananjay,
You could also consider using Chi Square (test of independence). Have attached my slides. Hope you find this helpful.
Happy researching,
Vahid
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I am learning about simple temporal plan with uncertainty recently, but I found few information about how the full temporal network with uncertainty comes into being from an empty plan initially. Could you help me for this?
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Thank you very much.
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Nowadays, managing assets effectively is key to the competitiveness of the process industry and owners should regularly address the issue of when to abandon or even replace an asset. Unfortunately, defining and calculating economic life is not always straight forward due to a lack of adequate methods.Suggest any method other than techniques of capital budgeting.
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You might consider using Vernon’s pioneering work in the 1960s as the starting point to measure economic life of the project. As another alternative, you may consider resource dependence theory (RDT) to think about how high resource/technology dependence that the project needs other external stakeholders to go further.
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I am building up the database for one of my research projects wherein I need to look at the internationalization path of the companies from the time of first foreign market entry till the current year, particularly looking at the mode of entry, time gap between subsequent entries and foreign markets covered over the period of time.
I need help on the following query-  In the year 2000, a company makes its first foreign market entry in US via setting up a Wholly owned subsidiary (WOS). This transaction of setting up WOS in US is recorded in my datasheet as the company's first venture into foreign market. Now subsequently in the year 2003, the same company wins the contract in the US market. This contract may be executed by the headquarters (or the parent company) based in India or the WOS in US.
So I want to know whether this subsequent stint in US as winning of contract should be recorded as subsequent internationalization? Would the answer be different in the following two cases-
1. The execution of contract is overseen by the parent company in home market (India in my case).
2. The contract is being executed by the WOS established in US in the year 2000.
Thanks
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Internationalization is a new dimension to manage risk.
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Hi 
I am working on comparative decision making modelling and one of the tools to compare results of MCDM solutions is rank reversal concept. I need good articles or book on this issue to read and realize better? Any help will be appreciated. 
Morteza
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Dear Morteza Yazdani 
I hope this example can be well for you
Best regard
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Strategic planning and strategic intent are two methods of business strategies. The American's prefer to use strategic planning in their corporations, unlike the Japanese who prefer to use strategic intent.
from the disadvantages associated  with the strategic planning, I want to know the long time effect it will have on the profitability ratio of such companies?
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This is a classic Porter vs. Mintzberg debate. Here are some articles I&#