strategic planning and financial planning

Business & Finance
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What are the differences between strategic planning and financial planning? What financial problems might an organization encounter when implementing their strategic plan?

Apr 5th, 2015
A strategic plan is the result of strategic planning. It is during this process that the organization decides, in finite, simple terms, its place in the world right now, and where it ultimately would like to go

Financial planning is all about allocating finite resources -- such as money employees and equipment -- over time, to reach the broad goals set out in strategic planning. To do so involves measuring current performance against past data and trends for the future.

Apr 5th, 2015

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