Strategic planning and strategic management in Australian organisations |
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Authors: | M Yunus Ali Robin N Shaw |
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Affiliation: | (1) Rajshahi University, Bangladesh and Senior Lecturer;(2) Graduate School of Management, Monash University, Australia |
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Abstract: | Many planning and organisational aspects of 48 Australian organisations were examined. The empirical information tends to suggest that the process of adopting the strategic management concept is well advanced in some Australian organisations. Irrespective of size and ownership status, some organisations have already adopted strategic planning, and the process of evolution is continuing towards the final stage of strategic management. The increasing environmental volatility and growing international exposure of organisations in Australia and elsewhere in the Asia Pacific region will increase the pressure to implement international management systems, including strategic management. |
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