1. A View of Corporate Planning Today.
- Author
-
BRANCH, MELVILLE C.
- Subjects
BUSINESS planning ,STRATEGIC business units ,STRATEGIC planning ,NETWORK analysis (Planning) ,RESOURCE allocation ,CORPORATE governance ,CAPITAL investments ,BUSINESS forecasting ,FINANCIAL management - Abstract
The article discusses aspects of U.S. corporate planning in the 1960's. A substantial number of leading U.S. firms have established staff units devoted to comprehensive planning which report to the chief executive officer (CEO). These small-sized units with moderate annual budgets engage in preparing both over-all and functional plans. Most of the time spent by planners is with contract work, comprehensive analysis, and supervision. The corporate plan is an analytical statement of longer-range intent and strategy evolving from near-term operating realities. It is expressed in annual increments for the planning period with future years presumed less precise than the immediate future.
- Published
- 1964
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