The role of the board of directors in ensuring the involvment of key influence figures in strategic management

Abstract

The Problem Stated - 'How to involve the most senior decision makers in a regular strategic appraisal which results in a written strategy capable of guiding all major decisions of the company'. Since the early 1960's the basic concepts of corporate planning, strategic planning or strategic management have been well documented in both the academic and popular literature. The theory has not changed a great deal although the language used to express the theory has changed, the timespan has shortened (oil crisis) and the amount of quantification has decreased.