Strategic Planning in Public Sector Companies-A Case Study of IBP

Companies A Case Study of IBP Neelanjana Mitra Anindya Sen Since the petroleum industry in India is in the public sector, and operates under an administered pricing regime, elements of co-operation would appear to predominate among the firms in this industry. However, strong elements of competition also prevail among the firms in the petroleum sector in India and necessitate strategic planning by them. In this paper, an attempt has been made to analyse the strategic planning process of a public sector firm in the oil industry, viz, IBP Company, which is small but possesses a uniquely diversified structure.