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The aim was to make GE's different strategic business units (SBUs) comparable. Since GE was highly diversified at the time, key factors were sought that would have an impact on economic success regardless of the product. In particular, the return on investment (ROI), i.e. the profit per unit of tied capital, was used as the measure of success.
The Journal of Strategic Information Systems is a quarterly peer-reviewed academic journal covering management, business, and organizational issues associated with the use of information systems. It was established in December 1991 by Bob Galliers, the initial editor-in-chief, and is published by Elsevier .
For strategic planning to work, it needs to include some formality (i.e., including an analysis of the internal and external environment and the stipulation of strategies, goals and plans based on these analyses), comprehensiveness (i.e., producing many strategic options before selecting the course to follow) and careful stakeholder management ...
The Journal of Management Studies' ISI Journal Citation Reports 2022 Impact factor is 10.5, with a ranking of 15/155 in the category 'Business (Social Science)' and 16/227 in the category 'Management (Social Science)'. [3]
It is published by the Academy of Management and was established in 1958 as the Journal of the Academy of Management, obtaining its current name in 1963. [1] According to the Journal Citation Reports, the journal has a 2023 impact factor of 9.5.
According to the 2022 Journal Citation Reports, the International Journal of Management Reviews has an impact factor of 8.1. In addition, it was rated as an "A" class journal in the "Business and Management" category of the Excellence in Research for Australia rankings. [4]
Strategic planning may also refer to control mechanisms used to implement the strategy once it is determined. In other words, strategic planning happens around the strategic thinking or strategy making activity. [15] Strategic management is often described as involving two major processes: formulation and implementation of strategy.
Articles relating to strategic management, the formulation and implementation of the major goals and initiatives taken by an organization's top managers on behalf of owners, based on consideration of resources and an assessment of the internal and external environments in which the organization operates.