Proposed paper deals with the “in-situ” situation of strategic planning, innovation activities and consequent economic performance of
Czech and Slovak industrial companies based on questionnaire research results. The relations between selected parameters were aimed and
statistically tested on the sample of 254 industrial companies active in Czech and Slovak republic in years 2009-2011. Four hypotheses were
evaluated, with the goal of enlightening mutual relations of strategy-innovations-performance behavioural characteristics of the studied
companies. In findings, there is well apparent, that written detailed strategic document has mostly bigger companies (above 250 employees
and gross annual turnover over 1 bill. CZK), who plan longer in advance (mostly 5 to 10 years or 3 to 5 years) than smaller companies that
have more often concise written (a plan mostly from 1 to 3 years in advance) or not written strategic document (11 to 50 employees and
gross annual turnover 11 to 100 mil. CZK). The (industrial) companies with written detailed strategic document are continually active in
innovations and experienced strong positive progress in volume of production (over 30 %) and earnings - profit (over 30 %) in research
period. The analyses have shown that medium-sized and big industrial companies experienced growth up to 30 % of gross annual turnover
meanwhile the costs fall up to 30 % during the examined period 2009-2011. Change in volume of production in the course of the period
2009-2011, there is significant correlation to change in gross annual turnover and change in earnings (profit) in the course of the research
period. These finding can be interpreted as empirical confirmation of the reasonability of thorough strategic planning with respect to
dynamics and innovation necessity. Strategic and innovative industrial companies apparently passed through the period of slow growth
without substantial problems, which most likely suffered above all micro enterprises.Web of Science201251
