The effects of an uncertain country environment upon leadership and strategic planning practices

This study examines the nature of strategic planning activities of companies operating in high uncertainty country environments. In these companies, CEOs perceive strategic planning to lead to better decision making due to better clarification of goals and policies. The tools mainly used comprise financial analysis, SWOT and contingency planning techniques. The CEOs and the top management teams are particularly involved in the strategic planning activity. In contrast, middle, lower-level management and outside consultants play only a minor role.