Title:
REVISITING ROBINSON AND PEARCE ON FORMALIZED STRATEGIC PLANNING: NEW INSIGHT, MODEL AND CONSTRUCT FROM THE THIRD ECONOMY ORGANIZATION

Authors:
Aries Heru Prasetyo, Wei Lo, Jersan Hu, Anthony Kuo

Abstract:
The study try to look for possible application of the Robinson and Pearce construct on formal strategic planning. Analyzing two fold of questions: (1) the extent to which third sector economy view the need to devise a formal plan and (2) what should be future direction for strategic planning process concepts, the study is attempting to gather experts' opinion regarding the topics, developing firmly model and providing construct for future research. Using a combination of Delphi techniques and validity-reliability test, the study succeeds to address (1) leadership, (2) internal commitment and (3) organizational culture as antecedents for formal strategic planning. Combining the three dimensions together, the study proposes a model and a high reliability construct for future research agenda in the third economy organization.