Table 5: Correlation between managers’ views on strategic planning and hotel –specific characteristics
Table 6 shows that there is a significant positive relationship between views on strategic planning
and the use of strategic planning tools and techniques for three statements; namely, “formal strategic
planning is /would be an effective way to achieve improved financial performance”, “the strategy
adopted is the result of a very deliberate process of formulation” and “the strategic planning
processes achieve a good fit (or alignment) between the external environment and the internal
capability of the organisation”. The findings show that a significant negative relationship existed for
three statements: namely, “strategic planning has resulted in rigidity and inflexibility of response to
the changing environment”, strategic planning has encouraged excessive bureaucracy” and “the
strategy adopted has “emerged” over time without being the result of a deliberate plan”.
Statements
Age Size Ownership
Spearman’s rho (2-tailed)
r(p)
T-Test
F(p)
Strategic planning has resulted in
rigidity and inflexibility of response to
the changing environment
-0.060
(0.302)
0.107
(0.169)
2.118
(0.157)
Formal strategic planning is /would be
an effective way to achieve improved
financial performance
0.045
(0.350)
0.040
(0.361)
0.280
(0.600)
The strategy adopted is the result of a
very deliberate process of formulation
0.260
(0.000)
.106
.171)
0.024
(0.878)
Strategic planning has encouraged
excessive bureaucracy
0.161
(0.173)
.106
( .171)
2.117
(0.158)
Strategic planning processes achieve a
good fit (or alignment) between the
external environment and the internal
capability of the organisation
0.139
(0.109)
-0.162
(0.072)
2.468
(0.124)
The strategy adopted has “emerged”
over time without being the result of a
deliberate plan
-0.441
(0.000)
0.101
(0.183)
2.367
(0.132)
The implementation of strategy has
been effective
0.075
0.273
0.024
(0.415)
0.016
(0.899)
Strategic planning has resulted in
rigidity and inflexibility of response to
the changing environment
-0.060
(0.302)
.106
(0.171)
5.101
(0.899)
Formal strategic planning is /would be
an effective way to achieve improved
financial performance
0.045
(0.350)
-.162
(0.072)
0.132
(0.716)