In today’s highly turbulent business environments with their high degree of uncertainty, survival and growth of the tech-based Small and Medium-sized Enterprises (SMEs) has become an unavoidable challenge for their leaders. The reports reveal a considerable ratio of failure among SMEs, yet they strongly emphasize the vital role played by SMEs in developed and developing economies; hence, it can be inferred that their survival and growth lead to economic prosperity. Recently, the roles of Strategic Thinking, Organizational Foresight and Strategic Planning, as significant management tools in SMEs, have drawn more attention among scholars. Therefore, this study’s objective is to investigate the mediating role of Strategic Planning on the relationship between Strategic Thinking and Organizational Foresight and firm performance in SMEs operating in the United Kingdom’s high-tech (Telecommunications, Information Technology, and Software Development sectors with firm performance) sector. This study’s conceptual framework has been developed grounded on the synthesis of existing literature in the subject field.

The current study applies quantitative methodology and survey as its selected method of research. These choices were based on the high number of SMEs and their widespread distribution across the United Kingdom. A five-point Likert-type scale was chosen to examine opinions of the respondents. The results demonstrated that applying strategic thinking by managers can enhance their SMEs’ performance. Besides, they can use strategic planning in their strategy-making processes to mediate the impact of strategic thinking on firms’ performance. Moreover, the results did not show any significance in using strategic planning as a mediator between organizational foresight and SMEs’ performance.