A review of analytical models in strategic planning

  • Greenwood P
  • Thomas H
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Abstract

Strategic management is a process that deals with the entrepreneurial work of the organisation, with organisational renewal and growth, and more particularly, with developing and utilising the strategy which is to guide the organisation's operations. Strategic management approaches emphasise the processes of strategic decision-making and adaptation to change. The paper reviews the literature to date and the modern strategic management paradigm and examines strategy formulation from an analytic perspective. © 1981.

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Authors

  • Paul Greenwood

  • Howard Thomas

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