"Strategizing for the future" is management lingo for sessions that help managers make better decisions. Managers who deliver the best stock performance get results by bold, rule-breaking strategies.
To test the effectiveness of "strategizing for the future," companies' 5-year average stock performance was considered before, and after, consultant-led "strategizing for the future" sessions were held.
|
Before (%)
|
After (%)
|
|
10
|
12
|
|
12
|
16
|
|
8
|
-2
|
|
-5
|
10
|
|
-1
|
11
|
|
5
|
18
|
|
-3
|
-8
|
|
16
|
20
|
|
-2
|
-1
|
|
13
|
21
|
|
17
|
24
|
Test the effectiveness of the program, using α = 0.05.