Strategic planning tools and techniques in Jordan: awareness and use

Abstract

Summary• The paper aims to explore the awareness and use of strategic planning tools and techniques by Jordanian publicly quoted companies in the financial, service and industrial sectors. A cross sectional survey was employed rather than in depth, case study type analysis. Single respondents, rather than multiple respondents, participated in the study for each company. This is the first study of the use of strategic planning tools and techniques in Jordan and one of the first in the Middle East as a whole.• The main findings of this research are that the most used techniques by Jordanian companies are financial analysis (for own business), PEST or STEP analysis, Porter's five-forces analysis and analysis of key (critical) success factors; that the managers of these companies have an awareness of most of the techniques surveyed; and that the use of strategy tools and techniques relates more to the size of company and less to the age and nature of business. Strategic Planning Tools and Techniques in Jordan: Awareness and Use IntroductionThe process of strategic planning has been investigated in some detail during the last thirty years. However, although strategy scholars advocate the use of strategic planning tools as an important element of the strategic planning process, there has been limited research to date on strategic planning tool usage. Most of the empirical studies reporting tool usage have included tools as part of a wider study of strategic planning processes (Elbanna, 2007; Koufopoulos et al

Strategic planning implementation and creation of value in the firm

“…In fact only three empirical studies have been conducted which shed any light on strategic planning in Jordanian companies. The first study was by Al-Shaikh and Hamami (1994), the second by Hamami and Al-Shaikh (1995) and the third by Aldehayyat and Anchor (2008).…”

“…Surveys by Al-Shaikh and Hamami (1994) and Hamami and Al-Shaikh (1995) and Aldehayyat and Anchor (2008) identified that Jordanian companies make considerable efforts to formulate their strategies. However, they did not clarify what happened when these companies put the strategies into effect.…”

Strategic Planning and Organisational Effectiveness in Jordanian Hotels

“…Al Ghamdi, 2005;Dincer, Tatoglu & Glaister, 2006;Aldehayyat & Anchor, 2008;Al-Shammari & Hussein, 2008;Elbanna, 2010). However, the research of tourism organisations is outside the scope of this article.…”

“…A total of 46 hotels are studied and data were obtained via self-administrated questionnaires. Since managers, as suggested by Bart et al (2001) and Aldehayyat & Anchor (2008), are the most capable persons to provide a valid response to questions related to the hotels' strategies, three managers from each hotel are considered as the research target respondents. Such multiple respondents, moreover, will enable the researcher to obtain a clear picture of the situation in the hotels.…”

The use of political risk assessment techniques in Jordanian multinational corporations

“…To ensure the homogeneity of the sample, as suggested by Aldehayyat and Anchor (2008), only the corporation headquarters were included. Single respondents, rather than multiple respondents, participated in the study for each corporation.…”