A suitable 'GPS' for SME's: the strategic planning and organizational learning nexus

The aim of the article is to examine the relationship between organizational learning and strategic planning actions in SMEs. The hypothesis is that those firms that think strategic planning as an organizational learning process may encourage the design of 'long-term objectives', keeping SMEs flexible and adaptive. Thus, it allows the exploitation of opportunities and the accumulation of specific and competitiveinternal resources. A structural equation model is proposed, based on 147 argentinean SMEs surveys. The main conclusion is that firms involving in strategic planning are more likely to improve knowledge management and increase competitive resources and capabilities.