Research on strategic planning has been handicapped by lack of an appropriate operationalizing scheme for measuring the success of planning systems. In this paper, an operational model for measuring planning system success is developed in terms of two interrelated dimensions---improvements in...

For some time now, the business press has been sounding the death knell of strategic planning. Introduced in the mid‐Fifties, formal and comprehensive approaches to strategic planning have gone through a number of evolutionary changes. Beginning with simple, internally oriented annual budgets,...