TY - JOUR
T1 - Linking the formal strategic planning process, planning flexibility, and innovativeness to firm performance
AU - Dibrell, Clay
AU - Craig, Justin B.
AU - Neubaum, Donald O.
PY - 2014
Y1 - 2014
N2 - This study explores the link between financial performance and the formal strategic planning process, planning flexibility, and innovativeness of 448 firms in a multi-industry sample. The results suggest that firms' formal strategic planning processes and planning flexibility are positively associated, and each is positively related to innovativeness. In addition, innovativeness fully mediates the relationships between firm performance and the formal strategic planning process and planning flexibility.
AB - This study explores the link between financial performance and the formal strategic planning process, planning flexibility, and innovativeness of 448 firms in a multi-industry sample. The results suggest that firms' formal strategic planning processes and planning flexibility are positively associated, and each is positively related to innovativeness. In addition, innovativeness fully mediates the relationships between firm performance and the formal strategic planning process and planning flexibility.
UR - http://www.scopus.com/inward/record.url?scp=84901625106&partnerID=8YFLogxK
U2 - 10.1016/j.jbusres.2013.10.011
DO - 10.1016/j.jbusres.2013.10.011
M3 - Article
AN - SCOPUS:84901625106
SN - 0148-2963
VL - 67
SP - 2000
EP - 2007
JO - Journal of Business Research
JF - Journal of Business Research
IS - 9
ER -