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Autor:innen: 
Erscheinungsjahr: 
2014
Quellenangabe: 
[Journal:] Business Research [ISSN:] 2198-2627 [Volume:] 7 [Issue:] 1 [Publisher:] Springer [Place:] Heidelberg [Year:] 2014 [Pages:] 105-124
Verlag: 
Springer, Heidelberg
Zusammenfassung: 
To help bridge the gap between the emergent and rational school of strategy formation, I analyze the role of alternative generation and information integration as two process-based characteristics of the strategy process in the relationship between strategic planning and decision quality. Based on a survey of 155 top executives from German small and medium-sized companies, I show that the degree to which multiple alternatives are developed and information is integrated in the planning process mediates a large proportion of the relationship between strategic planning and decision quality. This suggests that a closer analysis of process characteristics in the analysis of strategic planning may help mitigate the divergent results in strategic planning research.
Schlagwörter: 
Strategic planning
Alternative generation
Information integration
Decision quality
Strategy process
Planned emergence
Process-based characteristics
Strategy process outcome
JEL: 
M10
L21
L22
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