The Relationship Between Strategic Planning and Organizational Effectiveness

Abstract

Although its influence on an organization's performance has been disputed for many years, strategic planning has always been a crucial component of companies. The relationship between strategic planning and performance has yielded both positive and negative outcomes, even though the majority of the studies were conducted in developed country firms. The study adopted a 5-point Likert scale, ranging from 1 (not agree at all) to 5 (totally agree), to measure these variables to investigate the relationship between strategic planning and organizational effectiveness. The study targeted 5 Malian organizations in the public sector. Purposive sampling was adopted in this study to select these organizations. Information was obtained in its primary form using the questionnaire and the analysis was through percentages means correlation and regression analysis. The survey technique used was questionnaires distributed to 320 respondents (five of whom were invalid), representing many departments from various businesses. The data collected were analyzed using the Statistical Package for Social Sciences (SPSS). 26 software programs were used for analyses. Also, all Statistical tests were performed at the 0.05 confidence level (p < 0.05). Out of the three theories, one was verified. Cronbach's alpha was employed to assess the instrument's dependability. The findings indicated that strategic planning had a beneficial impact on effectiveness additionally the study suggests that strategic planning improves organizational performance, which eventually affects the organization's ability to survive.