Date of this Version
A quantitative critique of 28 studies concludes that formal planning is valuable for firms. The results were particularly favorable for manufacturing firms: nine studies found formal planning to be associated with better performance and none found detrimental performance.
Armstrong, J. S. (1991). Strategic Planning Improves Manufacturing Performance. Retrieved from http://repository.upenn.edu/marketing_papers/121
Date Posted: 15 June 2007
This document has been peer reviewed.