Recent Developments in Planning and Decision-Taking in Large Corporations
Few of us like uncertainty, but until this century mankind generally accepted the impossibility of determining one’s destiny. The belief that only divine (or the devil’s) intervention made prophecy possible was held by most cultures. Only during the last fifty years or so did the assumption spring up that application of the scientific method, of vastly expanded information flows and of hitherto unbelievable speed of processing information, can make prediction of the future possible.
KeywordsCentral Planning Strategic Direction Planning Department Head Office Individual Business
Unable to display preview. Download preview PDF.
- 2).P. Beck, “Corporate Planning for an Uncertain Future”, Long Range Planning, Vol. 4, p. 14, August 1982Google Scholar
- 6).E.F. Schumacher, Review of Report on long-term energy propects for the EEC, The Economic Journal, Vol. LXXIV, March 1964Google Scholar
- 7).Bower, Managing the Resource Allocation Process: A Study of Corporate Planning and Investment Harvard University Press, 1970, p. 18Google Scholar
- 8).P. Drucker, “The Changed World Economy”, Foreign Affairs, Vol. 64, Spring 1986, p. 768Google Scholar
- 11).P. Wack, “Scenarios: Shooting the Rapids”. Harvard Business Review, November-December 1985, p. 139Google Scholar
- 12).C. Lorenz, “Why ‘Terror’ is Outmoded”, Financial Times, June 25, 1986Google Scholar
- 13).T.J. Peters & R.H. Waterman, In Search of Excellence New York, Harper & Row, 1982Google Scholar