Strategic Planning And Organizational Effectiveness
The study examined the impact of strategic planning and organization effectiveness among selected firms in Port Harcourt. The research design utilized was the quasi-experimental research design. The Pearson product moment correlation coefficient was used to test the postulated hypothesis at 0.05 percent level of significant, and population of 112 employees, comprising managers of various categories in the selected firms the finding revealed that strategic planning has positive and significant influence on business mission and vision, and influence on employee participation, inner and outer orientation. The study however revealed that strategic planning has no significant relationship with organizational effectiveness. Based on the findings and conclusions above, it was recommended among others that organizations should be purposeful and productivity oriented, in the use of strategic planning activities and should also adopt multi-dimensionality of organizational effectiveness instead of relying on financial indicators for performance measurement. Moreover organizations should allow rooms for flexibility in their planning to cushion the effect of chances in policies due to ever changing and unpredictable business environment.
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Frequently Asked Questions
Does strategic planning enhance organizational effectiveness?
Strategic planning is particularly potent in enhancing organizational effectiveness (i.e., whether organizations successfully achieve their goals), but it should not necessarily be undertaken in the hope of achieving efficiency gains.
Does strategic planning matter in social service organizations?
It can be stated that social service organizations and with a long way to go in terms of its application in more advanced areas. M. R. Ferreira, J. F. Proença: Strategic planning and organizational effectiveness in social… strategic planning has positive influences on organization al effectiveness.
What is organisational effectiveness?
Organisational effectiveness is the concept of how an organisation is in achieving the it intends to produce. adapt more effectively to environmental and internal problem s than do other similar organizations”. Richard, simply associated with economic valuation by shareholders, managers, or customers.
Does strategic planning inhibit strategic thinking?
Nonetheless, strategic planning has been criticized for being overly rational and for inhibiting strategic thinking. This article undertakes a meta-analysis of 87 correlations from 31 empirical studies and asks, Does strategic planning improve organizational performance?
Does strategic planning improve organizational effectiveness in social service organizations?
Strategic planning is a valuable strategic management tool and one of its main objectives is to make organizations more effective. Therefore, the research has been conducted in order to determine if strategic planning is implemented in social service organizations and which effects has its application on organizational effectiveness.
What is strategic planning in business?
Strategic planning is the ongoing organizational process of using available knowledge to document a business’s intended direction. This process is used to prioritize efforts, effectively allocate resources, align shareholders and employees on the organization’s goals, and ensure those goals are backed by data and sound reasoning.
Does strategic planning lead to positive organizational outcomes?
Many organizations employ a combination of strategic planning and operational planning but use the former term to describe their planning process without a clear definition or conceptual framework. The empirical literature across disciplines has not demonstrated that strategic planning leads to positive organizational outcomes.
What are the benefits of online strategic planning courses?
Strategic planning can benefit your organization’s vision, execution, and progress toward goals. If strategic planning is a skill you’d like to improve, online courses can provide the knowledge and techniques needed to lead your team and organization.
Does strategic planning improve organizational performance?
A random-effects meta-analysis reveals a positive, moderate and significant impact of strategic planning on organizational performance.
What is the objective of strategic planning?
Its objective to align an organization’s activities with its environment, thereby providing for its continuing survival and effectiveness. There are still some organizations do not consider the strategic planning as essential process in their business.
What is strategic planning in higher education?
Strategic planning is a process by which an organization differentiates itself from its direct or emergent competition to achieve … In this Invited Commentary, the author examines the history, use, and effectiveness of strategic planning in higher education, academic medicine, and nonprofit settings.
Does strategic planning impede strategic thinking?
University of Hong Kong. Abstract: Strategic planning is a widely adopted management approach in contemporary organizations. Underlying consequences for organizational performance. Nonetheless, strategic planning has been criticized for being overly rational and for inhibiting strategic thinking.
What factors contribute to organizational effectiveness?
Factors affecting organizational effectiveness The factors that influence organizational efficiencies are Casual variables – These are independent variables that can be altered by the organization and its management, for instance, its policies, skills and behavior and leadership and business strategies.
What are the top indicators of organizational effectiveness?
What Are the Top Indicators of Organizational Effectiveness? Retrieved March 29, 2020, from – effectiveness/ 4 Research Analysis 2 Change Process Introduction paragraph What is Effective Organizational Change Management A change management plan can support a smooth transition and ensure your employees are guided through the change journey.