IDEAS home Printed from https://ideas.repec.org/p/ags/midasp/11685.html
   My bibliography  Save this paper

Strategic Planning And Firm Performance: A Proposed Theoretical Model For Small Agribusiness Firms

Author

Listed:
  • Phillips, Jon C.
  • Peterson, H. Christopher

Abstract

The link between strategic planning and firm performance has been studied for over two decades. This paper examines this link, with emphasis on small agribusiness firms. A model of strategic planning and performance is developed and applied to small agribusiness firms. Implications for research and limitations are discussed.

Suggested Citation

  • Phillips, Jon C. & Peterson, H. Christopher, 1999. "Strategic Planning And Firm Performance: A Proposed Theoretical Model For Small Agribusiness Firms," Staff Paper Series 11685, Michigan State University, Department of Agricultural, Food, and Resource Economics.
    • Handle: RePEc:ags:midasp:11685
    DOI: 10.22004/ag.econ.11685
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/11685/files/sp99-41.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.11685?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Randall Y. Odom & W. Randy Boxx, 1988. "Environment, planning processes, and organizational performance of churches," Strategic Management Journal, Wiley Blackwell, vol. 9(2), pages 197-205, March.
    2. Richard B. Robinson & John A. Pearce, 1983. "The impact of formalized strategic planning on financial performance in small organizations," Strategic Management Journal, Wiley Blackwell, vol. 4(3), pages 197-207, July.
    3. Myron Gable & Martin T. Topol, 1987. "Planning Practices of Small-Scale Retailers," Entrepreneurship Theory and Practice, , vol. 12(2), pages 19-32, October.
    4. Henry Mintzberg, 1978. "Patterns in Strategy Formation," Management Science, INFORMS, vol. 24(9), pages 934-948, May.
    5. J. Scott Armstrong, 1982. "The value of formal planning for strategic decisions: Review of empirical research," Strategic Management Journal, Wiley Blackwell, vol. 3(3), pages 197-211, July.
    6. Charles W. L. Hill & Michael A. Hitt & Robert E. Hoskisson, 1992. "Cooperative Versus Competitive Structures in Related and Unrelated Diversified Firms," Organization Science, INFORMS, vol. 3(4), pages 501-521, November.
    7. Jeffrey S. Bracker & Barbara W. Keats & John N. Pearson, 1988. "Planning and financial performance among small firms in a growth industry," Strategic Management Journal, Wiley Blackwell, vol. 9(6), pages 591-603, November.
    8. J. Scott Armstrong, 1986. "The value of formal planning for strategic decisions: Reply," Strategic Management Journal, Wiley Blackwell, vol. 7(2), pages 183-185, March.
    9. Peterson, H. Christopher, 1997. "The Epistemology Of Agribusiness Methods Of Agribusiness Scholarship," Staff Paper Series 11725, Michigan State University, Department of Agricultural, Food, and Resource Economics.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Canziani, Jose Roberto Fernandes & Peres, Fernando Curi & de Noronha, Jose Ferreira, 2003. "Counseling Brazilian Farmers on Their Management Activities," 14th Congress, Perth, Western Australia, August 10-15, 2003 24385, International Farm Management Association.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Charles R. Schwenk & Charles B. Shrader, 1993. "Effects of Formal Strategic Planning on Financial Performance in Small Firms: A Meta-Analysis," Entrepreneurship Theory and Practice, , vol. 17(3), pages 53-64, April.
    2. Brinckmann, Jan & Grichnik, Dietmar & Kapsa, Diana, 2010. "Should entrepreneurs plan or just storm the castle? A meta-analysis on contextual factors impacting the business planning-performance relationship in small firms," Journal of Business Venturing, Elsevier, vol. 25(1), pages 24-40, January.
    3. Gruber, Marc, 2007. "Uncovering the value of planning in new venture creation: A process and contingency perspective," Journal of Business Venturing, Elsevier, vol. 22(6), pages 782-807, November.
    4. Abbas Mohammed Hussein & Mohammed Mustafa Ahmed & Mohamed Yahya Mahmoud Khudari, 2021. "The Impact of Strategic Planning in the University’s Competitiveness According to NIAS," Academic Journal of Interdisciplinary Studies, Richtmann Publishing Ltd, vol. 10, September.
    5. Olivier Daxhelet & Olivier Witmeur, 2011. "What Financial Backers Expect from Business Plans: Effectual Versus Causal Logic," Working Papers CEB 11-029, ULB -- Universite Libre de Bruxelles.
    6. Armstrong, J. Scott & Reibstein, David J., 1985. "Evidence on the Value of Strategic Planning in Marketing: How Much Planning Should a Marketing Planner Plan?," MPRA Paper 81680, University Library of Munich, Germany.
    7. Gregory A. Baker & Joel K. Leidecker, 2001. "Does it pay to plan?: Strategic planning and financial performance," Agribusiness, John Wiley & Sons, Ltd., vol. 17(3), pages 355-364.
    8. Lawrence M. Gales & Richard S. Blackburn, 1990. "An Analysis of the Impact of Supplier Strategies and Relationships on Small Retailer Actions, Perceptions, and Performance," Entrepreneurship Theory and Practice, , vol. 15(1), pages 7-22, October.
    9. Bouncken, Ricarda B. & Fredrich, Viktor & Pesch, Robin, 2016. "Configurational answer to the ongoing riddle of formal and/or emergent planning practices," Journal of Business Research, Elsevier, vol. 69(9), pages 3609-3615.
    10. Stefan Einarsson & Jasmine McGinnis & Hanna Schneider, 2012. "Exploring the Talk-action Gap: a Qualitative Investigation of Foundation Practices over Three Regime Types," Working papers 006, Department of Economics, Social Studies, Applied Mathematics and Statistics (Dipartimento di Scienze Economico-Sociali e Matematico-Statistiche), University of Torino.
    11. Giovanna Mariani & Davide Morelli & Leonardo Bartoloni, 2019. "Managing uncertainty in the start-up environment. Is a business plan an incentive or a limitation?," MANAGEMENT CONTROL, FrancoAngeli Editore, vol. 2019(1), pages 73-96.
    12. J. Scott Armstrong, 1986. "The value of formal planning for strategic decisions: Reply," Strategic Management Journal, Wiley Blackwell, vol. 7(2), pages 183-185, March.
    13. Chowdhury, Shamsud D. & Lang, James R., 1996. "Turnaround in small firms: An assessment of efficiency strategies," Journal of Business Research, Elsevier, vol. 36(2), pages 169-178, June.
    14. Gregory A. Baker, 2003. "Strategic Planning and Financial Performance in the Food Processing Sector," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 25(2), pages 470-482.
    15. Armstrong, J. Scott, 1983. "Strategic Planning and Forecasting Fundamentals," MPRA Paper 81682, University Library of Munich, Germany.
    16. Labroukos, N. S. & Lioukas, S. & Chambers, D., 1995. "Planning and performance in state-owned enterprises: A multidimensional assessment," European Journal of Operational Research, Elsevier, vol. 87(3), pages 624-640, December.
    17. Ojha, Divesh & Patel, Pankaj C. & Sridharan, Sri V., 2020. "Dynamic strategic planning and firm competitive performance: A conceptualization and an empirical test," International Journal of Production Economics, Elsevier, vol. 222(C).
    18. Mahmood S. Bahaee, 1993. "Strategy-Comprehensiveness Fit and Perfor Mance," Australian Journal of Management, Australian School of Business, vol. 17(2), pages 195-215, December.
    19. Brock, David M. & Barry, David & Thomas, David C., 2000. ""Your forward is our reverse, your right, our wrong": rethinking multinational planning processes in light of national culture," International Business Review, Elsevier, vol. 9(6), pages 687-701, December.
    20. Armstrong, J. Scott, 1991. "Strategic Planning Improves Manufacturing Performance," MPRA Paper 81677, University Library of Munich, Germany.

    More about this item

    Keywords

    Agribusiness;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:midasp:11685. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/damsuus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.