Title: The impact of strategic planning on the performance of the private corporations in Palestine from the perspective of balanced scorecard
Authors: Muath Ammar
Addresses: Department of Economics and Administrative Sciences, College of Business Administration, Cyprus International University (Uluslararası Kıbrıs Üniversitesi), Nicosia, North Cyprus via Mersin 10, Turkey
Abstract: This study aims to identify the impact of strategic planning on the performance of private corporations for a model from developing countries. Secondary data were obtained from articles, books, and records. The preliminary data were collected with the help of the questionnaire. The survey included the employees with knowledge in the field of administrative sciences, economics, and people with knowledge and experience in the area of strategic planning for 13 service corporations. The data collected from private corporations were analysed by using Statistical Package for the Social Sciences (SPSS). The study reached several results, the most important of which is that strategic planning and elements of strategic planning have a positive impact on performance. Also, the study showed that there is a difference in the application of strategic planning due to the size of the corporation and the operational period of the corporation.
Keywords: strategic planning; performance; vision; mission; goals; strategic analysis; strategic option; balance scorecard.
International Journal of Business Excellence, 2023 Vol.29 No.3, pp.326 - 350
Received: 28 May 2020
Accepted: 29 Jun 2020
Published online: 20 Feb 2023 *