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Aligning Budgets to Strategy: The Key to Long-Term Profit
Make your organization's budgets and strategic plan reflect the same vision of reality.
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1 Quizzes|1 Videos
2 hours
Section 1
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PREVIEW1h 52m 26s
Aligning Budgets to Strategy The Key to Long-Term Profit
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About this course

In most organizations, strategic planning and budgeting are separate processes, causing them to be misaligned from their inception.

This webinar explores a practical "real world" planning approach that aligns spending to long-term strategy, creates a culture of accountability and responsibility, and can even be enjoyable when everyone gets on board.

The result will be a model for your organization's future growth and profitability.

You will explore a comprehensive 12-step Practical Planning Process, covering essential elements like:

  • Reviewing performance, reflecting on outcomes, and refocusing your business model.
  • Developing and implementing a clear strategic plan with defined Vision, Mission, and Values.
  • Integrating operational, marketing, IT, HR, and capital expenditure plans.
  • Creating realistic sales, revenue, and cost plans.
  • Utilizing powerful measurement tools like the Balance Scorecard to track progress and ensure alignment from the front lines to the executive suite.

Discover how to shift the finance function's role to one of empowerment and guidance, enabling operational teams to own and drive their financial results. By the end of this course, you will have the knowledge and tools to transform your planning process, navigate uncertainty, and achieve lasting profitability.

This course includes:

schedule2 hours on-demand video
signal_cellular_altIntermediate level
task_altNo preparation required
calendar_todayPublished At Oct 1, 2023
workspace_premiumCertificate of completion
errorNo prerequisites
lock1 year access