Research reveals that organizations that engage in strategic management generally outperform those that do not.10 The attainment of an appropriate match, or “fit,” between an organization’s environment and its strategy, structure, and processes has positive effects on the organization’s performance.11 Strategic planning becomes increasingly important as the environment becomes more unstable.12 For example, studies of the impact of deregulation on the U.S. railroad and trucking industries found that companies that changed their strategies and structures as their environment changed outperformed companies that did not change.13 A survey of nearly 50 corporations in a variety of countries and industries found the three most highly rated benefits of strategic management to be: