Page 65 - Azerbaijan State University of Economics
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THE JOURNAL OF ECONOMIC SCIENCES: THEORY AND PRACTICE, V.78, # 2, 2021, pp. 63-73
General Objective
The general objective is to determine the degrees to which top management in the
organization practice strategic planning in the response to crises by measuring the
extent to which it is obvious as a strategy and recognizing strategic planning and its
significance in decreasing the organization's crises.
Research Question Guiding the study
To carry out the study, the following research questions listed below were
formulated to guide the study data collection and analysis to be able to provide
answers to the research hypothesis. What is the key approach for resolving the
different problems that Sudanese gold mining companies are facing?
LITERATURE REVIEW
This part of the study describes the relationship of this current study with the
existing empirical studies in the area of strategic planning and crisis management
and reveal the gap that exists in the literature. This study adopted Crossan, Fry and
Killng (2002) model of strategic planning which assists in determining an
organization's long-term direction and purpose by aligning its resources to its
changing environment, particularly its markets, consumers, and clients, to satisfy
stakeholder expectations and Efendioglu, A. M., & Karabulut, A. T. (2010) The
results of their research project add to our knowledge on implementation of strategic
planning in Turkish businesses, as well as the potential for associations with their
work and achievements, thus, supported by Abdalkrim, G. M. (2013) The findings
show that in Sudanese private enterprises, all four factors of strategic planning are
significantly associated with organisational effectiveness.
Conceptual theoretical Framework
The strategic planning framework diagram below indicates three levels starting from
the intended impact and change theory as evidence of strategic thinking for what to
do or require need or want. Identifying the context towards capability and resources
and organisation design and management change as seen in the figure below
strategic planning framework.
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