Journal of Business Strategy: Volume 6 Issue 2

A FRESH LOOK AT STRATEGIC MANAGEMENT

Frederick W. Gluck

If corporate America's love affair with 1970s‐style strategic planning is not over, it is certainly on the rocks. Planning that relies on past experience, extrapolation, and…

STRATEGIC PLANNING AT R.J. REYNOLDS INDUSTRIES

J. Tylee Wilson

The effectiveness of strategic planning has been subject to much criticism lately. But R.J. Reynolds Industries is one successful company that attributes its substantial profits…

WHO NEEDS STRATEGIC PLANNING?

George S. Yip

Managers need neither swallow whole an elaborate strategic planning system, nor be discouraged into total rejection. Many of the problems businesses experience with strategic…

WINNING STRATEGIES FOR SHAREHOLDER VALUE CREATION

Allen H. Seed

The author contends that shareholder wealth creation should be the primary thrust of corporate strategy. But something more than excellent operations is required to provide…

SHAREHOLDER RETURNS AND CORPORATE EXCELLENCE

W. Bruce Johnson, Ashok Natarajan, Alfred Rappaport

Superior firms are those which create shareholder wealth. The most direct way to measure shareholder wealth is by examining the worth of dividends plus share‐price appreciation…

THE IMPACT OF STRATEGIC PLANNING ON STOCK PRICES

Richard B. Higgins, John Diffenbach

Does a company's long‐term corporate strategy influence how security analysts rate its stock? The authors found that it does—but only when the strategy is communicated to analysts…

CHANGING GOALS TO INCREASE STOCK PRICE

Jonathan B. Welch, Coleen Pantalone

The choice of a primary financial goal is considered an important part of any organization's planning process. A lingering question is whether stockholder welfare can really be…

Strategic Planning in Japan

Milton C. Lauenstein

The American business community has recognized the importance of strategy as a determinant of corporate success. Academics, consultants, and executives themselves have studied the…

Corporate Venturing: Venture Management Challenges

Robin George, Ian C. MacMillan

A previous article described a research program the authors conducted on the creation of new businesses within the company, which is called corporate venturing.

The Financial Services Industry: Is Strategic Planning Dead or Alive?

William T. Gregor

To paraphrase Mark Twain, rumors of the death of strategic planning have been greatly exaggerated. That was the general finding of a study Management Analysis Center, Inc. (MAC…