International Journal of Advanced Research in Management and Social Sciences
  • Year: 2015
  • Volume: 4
  • Issue: 10

An assessment of the connection of elements in a strategic plan: a case study of SABIC company

  • Author:
  • Hana J. M. Alotaibi
  • Total Page Count: 18
  • Page Number: 19 to 36

College of Business, Umm Al-Qura University, Makkah, Saudi Arabia

Online published on 2 December, 2015.

Abstract

A strategic plan consists of several elements that can be grouped into determinants, strategic planning and outcomes. An important consideration is how well the elements fit together. An investigation was conducted on a Saudi public-private company in the petrochemicals sector on the strength of the connection between its elements based on analysis of documents and interviews. Although strategic planning takes place and analytical tools are used, several issues were uncovered pertaining to this connection, and major obstacles noted include the lack of communication of the plans at lower levels, and the high level of bureaucracy. Moreover, the analytical tools are not used effectively to guide the planning. Recommendations are made both for the organisation investigated and for further research.

Keywords

Strategic planning, Strategic plan elements, Connection of elements