Strategic balancing: a unifying methodology for management.

Industrial ManagementVol. 38 Nbr. 3, May 1996

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Summary


Strategic Balancing (SB) is a planning system that enhances company performance by improving corporate decision-making process. SB utilizes the question-and-answer method that involves representatives of different company divisions in decision-making and planning. The system integrates the vision, goals, tactics, operations and long-term business principles of the firm without disregarding the organization's short-term needs. SB enables the organization to formulate a common framework for its diverse management levels.

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Strategic balancing: a unifying methodology for management.

Strategic Balancing is a methodology designed to integrate the vision, mission, strategy, tactics and operations of the firm while balancing simultaneously the foundational values of profit, re-investment, long-term goals and short-term needs. When applied in it's entirety, the Strategic Balancing process unifies the firm, providing a common framework enabling decision making and accuracy on all management levels. Strategic Balancing also provides higher levels of corporate identity (both internal and external...

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