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/lp/emerald-publishing/aligning-multiple-time-horizons-and-multiple-functions-in-strategic-rXqOH0H1ls
- Publisher
- Emerald Publishing
- Copyright
- Copyright © Emerald Group Publishing Limited
- ISSN
- 1055-3185
- DOI
- 10.1108/eb028935
- Publisher site
- See Article on Publisher Site
Abstract
The time horizons for setting out strategic plans have never been established in principle, and hence vary widely over one, two, three, five, ten, fifteen, twenty years and more. This paper presents a total system of planning horizons at one, three, seven, twelve and twentyfive years. Each time horizon is linked to a specific organizational layer. The larger the organization, the longer is the toplevel planning horizon. The larger time horizons encompass the shorter, so that, for example, the CEO of a large corporation can set the corporate strategic plan in terms of a 25year plan, with corporate strategic milestones at twelve years, seven years, three years and one year. Every subordinate function can be planned in the same way.
Journal
The International Journal of Organizational Analysis – Emerald Publishing
Published: Mar 1, 2001