The Role of Finance in the Strategic-Planning and Decision-Making Process
The fundamental success of a strategy depends on three critical factors: a firm’s alignment with the external environment, a realistic internal view of its core competencies and sustainable competitive advantages, and careful implementation and monitoring. This article discusses the role of finance in strategic planning, decision making, formulation, implementation, and monitoring.
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Content: Article | Authors: Barry Barnes PhD, Pedro M. Kono | Source: Graziadio Business Report | Subjects: Finance, Strategy