Strategic planning in SMEs – some empirical findings

By George Stonehouse, Jonathan D. Pemberton. 2002

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Explaining the lack of strategic planning in SMEs: The importance of owner motivation (2007, background): “Strategic planning is concerned with the setting of long-term organisational goals, the development and implementation of plans to achieve these goals, and the allocation or diversion of resources necessary for realising these goals (Stonehouse & Pemberton 2002; O'Regan & Ghobadian 2004).”
Strategic planning in smaller enterprises – new empirical findings (2006, background): “However, planning in smaller enterprises is rarely supported by planning instruments, since most of the respondents reported that they planned intuitively, and did not use planning instruments (Stonehouse and Pemberton, 2002).”
Competitive Advantage Revisited: Michael Porter on Strategy and Competitiveness (2007, background): “Strategy is in its adolescence as an academic discipline, with its origins dating back little beyond the 1960s (Stonehouse & Pemberton, 2002).”