Download or read book Correlations Between Strategic Planning and Financial Performance written by Thomas K. Ries and published by . This book was released on 2014 with total page 195 pages. Available in PDF, EPUB and Kindle. Book excerpt: Higher education finance is complex, and a grasp of it by governing boards and academic leaders is enormously important if colleges and universities are to effectively pursue their missions. The notions of achieving positive operating results and growing net assets are foreign to many educators, yet vitally important to the long-term health and vitality of institutions of higher education. Nonprofit private colleges and universities are often particularly vulnerable to the vicissitudes of the macro-economic conditions around them, as well as their own particular financial circumstances. Within the cohort of private, nonprofit institutions of higher education in the United States are 40 colleges and universities which identify as Lutheran. Strategic planning has long been touted as an important mechanism for achieving positive financial results. This study examined the strategic planning practices at Lutheran colleges and universities to determine whether there is a correlation between strategic planning and financial performance. A key part of the research was a survey of four administrators at 38 of the 40 accredited, four-year Lutheran colleges and universities in the United States. The four administrators surveyed were the President/Chief Executive Officer (CEO), Chief Academic Officer (CAO), Chief Financial Officer (CFO), and Chief Advancement Officer (CAdvO). Survey data were collected from a total of 98 administrators. Descriptive research revealed that a centrally-coordinated, institution-wide strategic planning process had been conducted at all 38 institutions since 2003, and 91 of 98 respondents reported that their institution would continue to perform institution-wide strategic planning in the future. Some form of internal and external environmental scan was part of the planning process at all 38 institutions (as reported by 96 of 98 respondents) and Budget/Finances was the topic most often cited as extremely important in the planning process. Correlation analysis revealed statistically significant relationships between some aspects of strategic planning and financial performance as measured by the U. S. Department of Education's Financial Responsibility Composite Scores. More specifically, the results revealed statistically significant relationships between financial performance and a number of financial best practices, which may or may not have been implemented at the Lutheran institutions as a result of their strategic planning processes. A secondary descriptive benefit of the study was the observance of perspectives among the four categories of administrators at each campus. The research frequently revealed statistically significant differences in perspectives among the four administrators in their perceptions of strategic planning and financial performance. College and university leadership teams may find it helpful to review these observed differences in order to gain a better understanding of the relative viewpoints and expectations of strategic planning among the individual members of their teams.

Download or read book The Strategic Planning and Financial Performance Relationship in Service Firms written by Robert A. Kramarczuk and published by . This book was released on 1987 with total page 512 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book An Investigation of Strategic Planning and Financial Performance of Selected U S Businesses written by Woodrow D. Richardson and published by . This book was released on 1986 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Relationship Between the Scope and Formality of Strategic Planning and Organizational Financial Performance written by James C. Burnside and published by . This book was released on 2002 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Toward an Integrative Explanation of Corporate Financial Performance written by N. Capon and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 414 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume is a milestone on our journey toward developing a more comprehensive understanding of the underpinnings of corporate financial performance. Weare concerned with both the factors that cause the financial performance of some firms to be better than others at a point in time and those factors that influence the trajectory of firm financial performance over time. In addressing these issues, we consider theoretical and empirical work on financial performance, drawn from several literatures, as well as present the results from our own empirical study. The review of the theoretical and empirical work is contemporary; the major portion of data comprising the empirical study was collected in the early 1980s as part of the Columbia Business School project on corporate strategic planning, but some data sequences extend into the mid-1980s and early 1990s. Our goals are to improve understanding of firm financial performance by developing a more integrated framework and to develop a research agenda based on what we have learned. This volume consists of four chapters, 12 appendices that provide detailed technical support and development for various portions of the discussion and an extensive set of references. It interweaves results from published literature in various fields with our original empirical work and develops an integrative approach to the study of firm fmancial performance.

Download or read book Strategic Planning and Firm Performance written by Robert Arasa and published by LAP Lambert Academic Publishing. This book was released on 2011-04 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over time the concept and practice of strategic planning has been embraced worldwide and across sectors because of its perceived contribution to organizational effectiveness. Past studies have indicated the existence of a relationship between strategic planning and firm performance and mainly utilized financial performance indicators. However, the main focus has been on the direct relationship between strategic planning and performance without taking cognizance of the fact that there are other factors that could affect this relationship. This book recognizes that the attainment of the strategic planning intermediate outcomes and people involvement in the strategic planning process could influence the realization of the anticipated strategic planning results. The direct relationship between strategic planning and firm performance, the relationship between strategic planning and intermediate outcomes and the moderating effect of worker participation on these relationships is examined. The analysis could be useful to managers who practice strategic planning on the need for effective handling of the strategic planning process for company success.

Download or read book Conversations on Planning written by Richard John Wagner and published by . This book was released on 2006 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Contemporary Issues in Strategic Management written by Paul Phillips and published by . This book was released on 2018-03-26 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contemporary Issues in Strategic Management shines a light on measures that really matter, providing an illustration of competitive advantage from market-based and state-based perspectives, and giving an insight into the activities that lead to the formation of successful and unsuccessful strategies.

Download or read book Formal and Informal Strategic Planning written by Daniel Ebner and published by Springer Science & Business Media. This book was released on 2013-12-09 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt: Previous research focused either on the relationship between strategic planning and performance or coordination mechanisms and performance. Therefore, a conceptually and empirically validated understanding of the interaction between these three factors is limited. This study addresses this gap in the literature by delivering three contributions to theory and empirical research: firstly, by clarifying and proposing the influences of strategic planning and strategic organization on the performance; secondly, by developing a model and associated hypotheses on both direct and interaction effects of strategic planning and coordination mechanisms; and thirdly, by testing the hypotheses. Findings regarding strategic planning suggest the coexistence of formal and informal strategic planning activities. Furthermore, results show that the relationship between strategic planning and performance is moderated by coordination mechanisms.

Download or read book Entrepreneurship written by Donald F. Kuratko and published by . This book was released on 2018 with total page 465 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Strategic Management in the Third Sector written by Roger Courtney and published by Bloomsbury Publishing. This book was released on 2020-05-06 with total page 426 pages. Available in PDF, EPUB and Kindle. Book excerpt: Drawing on the unique academic and professional experience of its author, Strategic Management in the Third Sector provides a comprehensive introduction to the strategic development of voluntary, community and social enterprise organisations. Roger Courtney introduces students to the different ways of thinking about a third sector organisation and its external environment, including strategic thinking and analysis, and strategy formulation and implementation. Key Features: - Comprehensive case study coverage, focusing on a wide variety of non-profit organisations - Provides genuine insight into the practical implications of managing in the third sector - Identifies a wide range of strategic models and tools that are of value to the development of third sector organisations - Considers the latest developments in social enterprise - Written by a leading expert in the field Strategic Management in the Third Sector is an essential text for all students of voluntary and third sector management, charity and social enterprise management, voluntary sector studies, charity management and public service management.

Download or read book The Strategic Planning and Financial Performance Relationship in Service Firms written by Robert Alex Kramarczuk and published by . This book was released on 1987 with total page 227 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Strategic Management for Voluntary Nonprofit Organizations written by Roger Courtney and published by Psychology Press. This book was released on 2002 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: This UK/European text provides a much-needed summation of strategic management issues in nonprofit organizations, addressing both academic theory and current practice.

Download or read book A Primer to Strategy Process Research written by Christoph Lechner and published by Cuvillier Verlag. This book was released on 2006 with total page 167 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Impact of Strategic Planning on the Financial Performance of Small and Medium Banks in Islamabad written by Ahmed Imran Hunjra and published by . This book was released on 2018 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: Strategic planning is the ongoing practice of organizations and firms to improve the firm's performance. This study plans to find out the relationship between strategic planning and financial performance of microfinance banks in Pakistan. For this purpose, questionnaire has been designed. Population of this study were the professionals and top management of four microfinance banks of Islamabad region i.e. study i) Kashaf Bank ii) Khushhali Bank iii) Waseela Microfinance Bank iv) Tameer Microfinance Bank. Sample size of forty one top management professionals of microfinance banks was selected. For analysis purpose, SPSS was used and descriptive and inferential statistics i.e. t-test, ANOVA and regression analysis has been applied. In this study, we find financial performance has positive and substantial relationship with independent variables of strategic planning and regression results reveals significant relation between strategic planning and Return on assets, insignificant relationship among formal and non-formal planning and financial performance and Return on Equity with strategic planning also shows significant relationship.

Download or read book Corporate Strategic Planning written by Noel Capon and published by Columbia University Press. This book was released on 1987 with total page 504 pages. Available in PDF, EPUB and Kindle. Book excerpt: An epic spanning more than half a century of Taiwan's history, this breathtaking historical novel traces the fortunes of the Pengs, a family of Hakka Chinese settlers, across three generations from the 1890s, just before Taiwan was ceded to Japan as a result of the Sino-Japanese war, through World War II. Li Qiao brilliantly re-creates the dramatic world of these pioneers -- and the colonization of Taiwan itself -- exploring their relationships with the aboriginal peoples of Taiwan and their struggle to establish their own ethnic and political identities. This carefully researched work of fiction draws upon Li's own experiences and family history, as well as oral and written histories of the era. Originally published in Chinese as a trilogy, this newly translated edition is an abridgement for English-speaking readers and marks the work's first appearance in the English-speaking world. It was well-received in Taiwan as an honest -- and influential -- recreation of Taiwan's history before the relocation of the Republic of China from the mainland to Taiwan. Because Li's saga is so deeply imbued with the unique culture and complex history of Taiwan, an introduction explaining the cultural and historical background of the novel is included to help orient the reader to this amazingly rich cultural context. This informative introduction and the sweeping saga of the novel itself together provide an important view of Taiwan's little known colonial experience.

Download or read book Strategic Planning Readings written by and published by Juta and Company Ltd. This book was released on 2000 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: Deals with the strategies that organisations employ to survive in an increasingly unpredictable environment. This compilation consists of a number of articles, written by leaders in the field, that reflect current wisdom and contemporary thought on aligning businesses with their environments.