For a couple of decades, my colleagues and I have helped companies craft 15-30 year strategic plans. Now that some are bearing fruit, we are wondering what the empirical research shows.
Francis Wade
Framework Consulting
Moltke, Churchill, and Eisenhower shared the same opinion about the fragility of plans but the necessity of planning. In the VUCA world of the 21st century, few would be so bold (or naive) as to draft long-term strategic plans spanning 15-30 years. And yet, planning of sorts there must be, preferably in the form of shorter term scenarios to be navigated with utmost respect to the maintenance of balance between strategizing and learning modes of thinking.
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G'day Francis,
Please take time to look at the attachment below, it covers your research topic from an empirical point of view, it is much the corporate sustainability strategy, based on continuous improvement(Organisational best practice), enjoy your reading, hope this helps, cheers.
Best wishes,
Sofiane
1. The Relationship between CFO Compensation and Corporate Sustainability: An Empirical Examination of German Listed Firms
In my opion， ESG is best characterized as a framework that helps stakeholders understand how an organization is managing risks and opportunities related to environmental, social, and governance criteria.
Dear Mr Wade:
The long term planning would be only useful for certain industries (energy for instance) but not for others, as Mr. Oliver Serrat says. Perhaps what you can study, if you ´ve been working on long term planning with colleagues for a time, is the industries to which these companies belong and see what link exists between long term plan accuracy and kind of industry.
Regards
Gustavo Concari
Thanks to everyone who responded - I will take a look and respond in this space.
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