TY - JOUR AU - Robinson, Richard B. AB - An empirical study involving 97 manufacturing firms that averaged $20 million in annual sales yielded a strong positive correlation between the degree of planning formality and firm performance. Additionally, interactive analysis disclosed that this relationship pervaded various grand strategies; the implication being that formalized strategic planning was consistently a positive factor associated with high levels of organizational performance. TI - The impact of grand strategy and planning formality on financial performance JF - Strategic Management Journal DO - 10.1002/smj.4250080204 DA - 1987-03-01 UR - https://www.deepdyve.com/lp/wiley/the-impact-of-grand-strategy-and-planning-formality-on-financial-8K52bQPTrV SP - 125 EP - 134 VL - 8 IS - 2 DP - DeepDyve ER -