The Strategic Planning Process And Current Practices: A Comparative Empirical Study of UMW Toyota Motor And Chemical Company of Malaysia.

This article focuses on the strategic planning process and its best practices that are applied by companies in general and by two prominent, non-competing companies operating in Malaysia: UMW Toyota Sdn. Bhd. and the Chemical Company of Malaysia-Fertilizers Division (CCMFD), in specific. Applying a...

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Main Author:	Zandi Pour Joopari, GholamReza
Format:	Conference or Workshop Item
Language:	English English English
Published:	2012
Subjects:	HD28 Management. Industrial Management
Online Access:	http://irep.iium.edu.my/24519/ http://irep.iium.edu.my/24519/1/THE_STRATEGIC_PLANNING_PROCESS_AND_CURRENT_PRACTICES.pdf http://irep.iium.edu.my/24519/4/ICBM_%282%29.pdf http://irep.iium.edu.my/24519/9/icef_izmir.pdf

id	iium-24519
recordtype	eprints
spelling	iium-245192012-12-21T11:10:52Z http://irep.iium.edu.my/24519/ The Strategic Planning Process And Current Practices: A Comparative Empirical Study of UMW Toyota Motor And Chemical Company of Malaysia. Zandi Pour Joopari, GholamReza HD28 Management. Industrial Management This article focuses on the strategic planning process and its best practices that are applied by companies in general and by two prominent, non-competing companies operating in Malaysia: UMW Toyota Sdn. Bhd. and the Chemical Company of Malaysia-Fertilizers Division (CCMFD), in specific. Applying a comparative qualitative case study research methodology, the major objectives of the study are to investigate in depth the different aspects, processes, personnel, and practices employed by these top, well-known companies for their strategic planning. Using the grounding theory as a framework of analysis, the research findings revealed common as well as distinctive strategic planning practices between the companies under the study. The output of this project is a set of best practices to strategic planning that are followed by UMW Toyota as well as CCMFD. Some of these best practices are found to be related to the flexibility of the strategic plan, formulation via consensus, and continuous follow up through a centralized strategic planning unit. Eventually, studying such topic can help researchers, strategic management students and junior managers in linking theory to practice and understand the process as it is adopted by the strategic planners of these prominent companies within their real business context. 2012-04-28 Conference or Workshop Item PeerReviewed application/pdf en http://irep.iium.edu.my/24519/1/THE_STRATEGIC_PLANNING_PROCESS_AND_CURRENT_PRACTICES.pdf application/pdf en http://irep.iium.edu.my/24519/4/ICBM_%282%29.pdf application/pdf en http://irep.iium.edu.my/24519/9/icef_izmir.pdf Zandi Pour Joopari, GholamReza (2012) The Strategic Planning Process And Current Practices: A Comparative Empirical Study of UMW Toyota Motor And Chemical Company of Malaysia. In: ICBM 2012, 27-28 April 2012., Izmir, Turkey. (Unpublished)
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English English English
topic	HD28 Management. Industrial Management
spellingShingle	HD28 Management. Industrial Management Zandi Pour Joopari, GholamReza The Strategic Planning Process And Current Practices: A Comparative Empirical Study of UMW Toyota Motor And Chemical Company of Malaysia.
description	This article focuses on the strategic planning process and its best practices that are applied by companies in general and by two prominent, non-competing companies operating in Malaysia: UMW Toyota Sdn. Bhd. and the Chemical Company of Malaysia-Fertilizers Division (CCMFD), in specific. Applying a comparative qualitative case study research methodology, the major objectives of the study are to investigate in depth the different aspects, processes, personnel, and practices employed by these top, well-known companies for their strategic planning. Using the grounding theory as a framework of analysis, the research findings revealed common as well as distinctive strategic planning practices between the companies under the study. The output of this project is a set of best practices to strategic planning that are followed by UMW Toyota as well as CCMFD. Some of these best practices are found to be related to the flexibility of the strategic plan, formulation via consensus, and continuous follow up through a centralized strategic planning unit. Eventually, studying such topic can help researchers, strategic management students and junior managers in linking theory to practice and understand the process as it is adopted by the strategic planners of these prominent companies within their real business context.
format	Conference or Workshop Item
author	Zandi Pour Joopari, GholamReza
author_facet	Zandi Pour Joopari, GholamReza
author_sort	Zandi Pour Joopari, GholamReza
title	The Strategic Planning Process And Current Practices: A Comparative Empirical Study of UMW Toyota Motor And Chemical Company of Malaysia.
title_short	The Strategic Planning Process And Current Practices: A Comparative Empirical Study of UMW Toyota Motor And Chemical Company of Malaysia.
title_full	The Strategic Planning Process And Current Practices: A Comparative Empirical Study of UMW Toyota Motor And Chemical Company of Malaysia.
title_fullStr	The Strategic Planning Process And Current Practices: A Comparative Empirical Study of UMW Toyota Motor And Chemical Company of Malaysia.
title_full_unstemmed	The Strategic Planning Process And Current Practices: A Comparative Empirical Study of UMW Toyota Motor And Chemical Company of Malaysia.
title_sort	strategic planning process and current practices: a comparative empirical study of umw toyota motor and chemical company of malaysia.
publishDate	2012
url	http://irep.iium.edu.my/24519/ http://irep.iium.edu.my/24519/1/THE_STRATEGIC_PLANNING_PROCESS_AND_CURRENT_PRACTICES.pdf http://irep.iium.edu.my/24519/4/ICBM_%282%29.pdf http://irep.iium.edu.my/24519/9/icef_izmir.pdf
first_indexed	2023-09-18T20:36:45Z
last_indexed	2023-09-18T20:36:45Z
_version_	1777409097285500928

The Strategic Planning Process And Current Practices: A Comparative Empirical Study of UMW Toyota Motor And Chemical Company of Malaysia.

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