Strategy development and execution, and feedback and evaluation: The Indonesian enterprises evidence

Abstract

Purpose of Study: This study seeks to examine how the organizations develop and execute strategy, and performance feedback and evaluation during the strategic planning process in the Indonesian high-performance enterprises. Methodology: This study embraced a qualitative research method as the basis for this study to gain an authentic elucidation of the standpoints of members. The data collection method utilized detailed semi-structured and unstructured cross-examines of both planning and non-planning fellows in each recognized firm. The six firms were chosen due to their dedication in planning and their high accomplishment posture. This study utilized research information from a board of professionals to first affirm a firm as high performing in the first occurrence, and then to choose the six top performing firms for the query. Results: This study has provided worthwhile findings regarding the practices of strategy formulation and implementation during the planning process, how the organizations develop strategy have been shown. The significance of strategy execution to achieve high performance has been identified, among other accompanying findings. Implications/Applications: The findings can be used to consider strategic planning in Indonesian enterprises to improve performance.