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Strategy and Business Planning

The document discusses the importance of strategic planning and business planning for organizations, noting that it defines processes for creating specific business approaches to evaluate results against long term goals. It also outlines the role of the finance department in strategic planning to represent financial goals and growth, and how strategic plans help communicate with stakeholders to improve performance. The key aspects of strategic planning covered include analyzing business factors, defining objectives, and implementing plans into action.

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90 views27 pages

Strategy and Business Planning

The document discusses the importance of strategic planning and business planning for organizations, noting that it defines processes for creating specific business approaches to evaluate results against long term goals. It also outlines the role of the finance department in strategic planning to represent financial goals and growth, and how strategic plans help communicate with stakeholders to improve performance. The key aspects of strategic planning covered include analyzing business factors, defining objectives, and implementing plans into action.

Uploaded by

Wallflower Words
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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Strategy And

Business Planning
Professional.
Quick Introduction
About Strategies and Business Planning's

The Strategic planning’s defines


as the process of creating the
business more specific with
new and trending approaches
as well as elaborate them and
evaluate the results of executing
the plannings according to the
company’s long term business
goals and expectations.
2
The Business Planning Process
While evaluating any strategy
within the business the company
need to accesses its current
situation. The internal and external
audits can ensure the current
situation of the company and by
this process the senior management
team can gather all the possible
information about the company.

3
Continue…..
While identifying the purpose and
organizational focuses of the Company, SWOT
analysis can help to identify the Strengths,
Weaknesses as well as the opportunities and the
threats of the company. As per this analysis the
senior leaders can focus and plan to allocate the
best resources of the business and take actions
towards the organizational success.
Process at a glance:
Understan
d the
business

Analyze
Define the
the
business
business
objectives
factors

Implement
the plan
into Action
5
Importance of Finance Department in Strategic
Planning
Creating the main vision
statement according to Finance department
the company values, supports to represent
purpose and future the company’s long term
financial directions financial goals, growth
and profitability.

The Financial Balanced


scoreboard generate links the
effective management factors
while executing the business
strategies according to the
operational actions, financial
growth, employee learning and
growth as well as the internal
business processes.
6
Importance of Finance Department in Business
Strategy and planning :
A clear roadmap The strategic A strategic plan

Competitive Environment
Operational Efficiency
Focus and Directions
related to business plans helps the
Company’s Financial made by the finance organization while
Condition in coming annalists helps to putting the
future make moves achieve the workforce
proactively and objectives while demographics,
helps to achieve the evaluating the technological
long term financial expenses and advancements as
business goals while revenues as well as well as the economic
avoiding the sudden allocate the uncertainties.
organizational investing resources
issues. in most efficient way.

7
Continue-

Stability and
Employee Morale
Longevity

• Strategic Plans are • Finance Analysts


essential for support the business
communicating with the owners while provide
stakeholders, investors,
team managers and the
productive strategic
employees which helps to planning which able to
value their concerns while increase the Profits and
improving organizational sales revenue of the
performance. organizations’.

8
Key learning factors of Webinar

Long
range
Planning

Strategic
Thinking

9
Imporatnce of Startegic Plannings

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Business Planning
 A documented business strategy which
indicates the Business Goals.
 Frame the market plans, financial conditions,
business market researches, purpose of the
business as well as the mission statements.
 The Finance Department supports to build the
business plans for the Organization which
secure the finance situation, generate the
business model, frame the financial projections
and turn the business ideas into reality.
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Expansion or Growth Business Plan
Growth Business Plans helps to build an outline the Business
Structures which supports to reach the Business Targets. This Plan
includes :

SWOT Analysis
Marketing
Growth Opportunity
Plans

Capability Financial Goals


Plans and Plans

19
The Finance Team

The Finance Team is


responsible for the financial
mandates of different
departments while the
business strategies are
adapting within the workplace.
The senior management team
leads need to supply all the
information for shape the
policies and frame the financial
20
planning processes
Members in Finance Team who plays an
important role while adapting new strategies and
Business Planning's

Collection
Specialist

Accountant Analyst

Finance
CFO Manager

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Levels of Business Strategies

Corporate Level

Business
Level
Functional Level

Operational Level
25
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