Strategic Planning Systems Design and Operation

Abstract

In the design and operation of strategic planning systems, it is assumed that the people involved have a financial incentive to make good plans and then to see that those plans are well implemented. The traditional financial incentive used to motivate managers' behaviors in the desired direction is the so‐called incentive compensation or annual bonus. Thus, when strategic planning systems are broadened to explicitly take this factor into account, they become strategic management systems.

Citation

COLLIER, D. (1980), "Strategic Planning Systems Design and Operation", Journal of Business Strategy, Vol. 1 No. 2, pp. 76-77. https://doi.org/10.1108/eb038904