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Why Corporate Planning Models?

Thomas H. Naylor
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Thomas H. Naylor: Duke University and Social Systems, Inc.

Interfaces, 1977, vol. 8, issue 1, 87-94

Abstract: Lewis Young, Editor-in-Chief of Business Week , suggested in 1976 that “Corporate planning models and management science are substitutes for good management.” On the other hand, one of the advertisers in Business Week , the International Business Machines Corporation, frequently devotes the major portion of its two-page advertisements to only two words---“what if?” In the lower right-hand corner of these ads one reads: “Planning will never become an exact science. But it can now be less of a venture into the unknown. The future is a moving target. Computers can improve your aim.” This paper is about corporate planning and how computer based planning models can be used to “improve your aim.”

Date: 1977
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