TY - JOUR
T1 - Should strategic market management replace strategic management as the planning model for restaurant decision-making?
AU - Reich, Allen Z
PY - 2002/1
Y1 - 2002/1
N2 - In his book, The Rise and Fall of Strategic Planning, Henry Mintzberg proposed that planning and implementation must not be two separate functions, but a continuous managerial decision-making process. One that is based first, on an astute analysis of volatile environmental market conditions, and second, on management's ability to effectively transform its offering to satisfy this moving target. This article questions the use of the concept and term strategic management in restaurants to describe what may be best termed strategic market management. Additionally, a framework within which modern restaurant planning takes place is presented.
AB - In his book, The Rise and Fall of Strategic Planning, Henry Mintzberg proposed that planning and implementation must not be two separate functions, but a continuous managerial decision-making process. One that is based first, on an astute analysis of volatile environmental market conditions, and second, on management's ability to effectively transform its offering to satisfy this moving target. This article questions the use of the concept and term strategic management in restaurants to describe what may be best termed strategic market management. Additionally, a framework within which modern restaurant planning takes place is presented.
KW - Decision-making
KW - Marketing
KW - Restaurants
KW - Strategic planning
UR - https://www.scopus.com/pages/publications/85006810643
UR - https://www.scopus.com/pages/publications/85006810643#tab=citedBy
U2 - 10.1300/J369v05n01_02
DO - 10.1300/J369v05n01_02
M3 - Article
AN - SCOPUS:85006810643
SN - 1537-8020
VL - 5
SP - 23
EP - 43
JO - Journal of Foodservice Business Research
JF - Journal of Foodservice Business Research
IS - 1
ER -