Improving strategic planning processes by means of cross-company collaboration along the value chain
Reinhold Decker and
Abdullah Dagasan
International Journal of Business Performance Management, 2010, vol. 12, issue 2, 165-181
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.
Keywords: 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. (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:ids:ijbpma:v:12:y:2010:i:2:p:165-181
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