Title: Improving strategic planning processes by means of cross-company collaboration along the value chain
Authors: Reinhold Decker, Abdullah Dagasan
Addresses: Department of Business Administration and Economics, Bielefeld University, P.O. Box 10 01 31, 33501 Bielefeld, Germany. ' Vochemsgasse 11, 50259 Pulheim, Germany
Abstract: The necessity of continuously improving managerial planning processes to support cost reduction ambitions is a constant topic in dynamic business environments. Against this background we explore the importance of collaboration in strategic planning processes. Starting from the relevant literature we develop a quantitative approach which is used to demonstrate the benefits achieved through collaboration by means of computer-based simulation. The results suggest that economic benefits can be realised by softening inter-firm boundaries regarding the strategic planning processes and collaborating along the value chain.
Keywords: strategic planning; value chains; genetic algorithms; cross-company collaboration; managerial planning; cost reduction; computer-based simulations; economic benefits; inter-firm boundaries; business performance; performance management.
International Journal of Business Performance Management, 2010 Vol.12 No.2, pp.165 - 181
Accepted: 27 Oct 2010
Published online: 24 Jan 2011 *