Improving strategic planning processes by means of cross-company collaboration along the value chain. (25th January 2011)

• Record Type: Journal Article
• Authors: Decker, Reinhold; Dagasan, Abdullah
• Is Part Of: International journal of business performance management. Volume 12:Number 2(2010)
• Page Start: 165
• Page End: 181
• Publication Date: 2011-01-25
• Subjects: 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; Industrial management -- Periodicals; 658.005
• Languages: English
• ISSNs: 1368-4892

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.