UNSPECIFIED. (2004) Beyond planning: Strategies for successfully implementing strategic decisions. LONG RANGE PLANNING, 37 (3). pp. 201-218. ISSN 0024-6301

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Abstract

This article brings strategy back to managers and their organizations. It argues and demonstrates empirically that what managers do, and the kind of organization they lead, matter in terms of achieving stated objectives. Managerial action involves a set of activities from assessing the problem to prioritising action, and takes place within an organizational context which has two important elements for decision-making. First, organizations have an accumulated stock of experience, and the more managers can access and utilise this experience base the better. Secondly, the culture and structure of an organization may exhibit more or less readiness for the changes that decisions bring about, and contexts less ready for change pose problems for managers in the implementation of decisions. This long-term study of 55 decisions in UK firms shows that careful managerial planning does not of itself guarantee successful outcomes: the organizational context is crucial in framing actions and influencing achievement, and decisions may send a firm on a trajectory beyond the point at which it can plan with confidence. Where experience and readiness are strong, decisions achieve stated objectives-where both are lacking, decisions tend to fail. But, as examination of two illustrative cases indicates, strength in either domain may be enough: sound experience may win out in comparatively unreceptive situations, and decisions may still succeed where experience is lacking but the organization is ready for change. The article closes with some implications for managers. (C) 2004 Elsevier Ltd. All rights reserved.

Item Type:	Journal Article
Subjects:	H Social Sciences > HF Commerce H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management H Social Sciences > HD Industries. Land use. Labor
Journal or Publication Title:	LONG RANGE PLANNING
Publisher:	PERGAMON-ELSEVIER SCIENCE LTD
ISSN:	0024-6301
Date:	June 2004
Volume:	37
Number:	3
Number of Pages:	18
Page Range:	pp. 201-218
Identification Number:	10.1016/j.lrp.2004.03.003
Publication Status:	Published
URI:	http://wrap.warwick.ac.uk/id/eprint/8215

Data sourced from Thomson Reuters' Web of Knowledge

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