Strategic Financial Solutions

Home
Business Strategy
Accounting Management
Operational Planning
Continuous Improvement
Bookkeeping Services
Tax Preparation and
Planning Services
Emerging Businesses
Small Businesses
Medium/Large Businesses
References
About Us
Contact Us
 

Business Strategy Process

What is business strategy?
CFO responsibilities in the business strategy process
Our experience

What is business strategy?

Business Strategy Process

CFO responsibilities in the business strategy process for:

...an emerging business:

Formulate objectives (qualitative direction of business)
Establish goals (qualitative results of achieving objectives)
Develop comprehensive strategic business plan
Complete emerging business strategic financial management

...a small business:

All of the emerging business fundamentals listed above, plus:

Establish 3-5 year strategic vision
Develop annual operating plans and manage annual revision process
Establish methodology to rationally allocate resources (people and capital) to achieve strategic objectives
Complete small business strategic financial management

...a medium or large business:

All of the emerging and small business fundamentals listed above, plus:

Link critical success factors through implementation of strategic performance measurement system
Establish business unit/department annual operating plans
Create strategic financial models to evaluate growth opportunities
Implement departmental/individual performance measurement system to align organizational effort to strategic objectives
Link individual performance to compensation through performance-based bonus system
Complete medium and large business strategic financial management

Our experience

Developed & implemented a customer-focused strategy for a manufacturer that increased sales 41% and profits 298% in 3 years
Created strategic performance measurement system for a company, which resulted in 52% increase in on-time delivery, 66% reduction in inventory and 38% improvement in productivity in 4 years
Converted foreign subsidiary from an unprofitable manufacturing company to a profitable sales/marketing organization in 3 years
Participated in acquisition of foreign subsidiary
Assisted owners of emerging businesses with writing comprehensive business plans for successful second round financing


Home  |  [Business Strategy]  |  Accounting Management
Operational Planning  |  Continuous Improvement  |  Bookkeeping & Tax Services
Emerging Businesses  |  Small Businesses  |  Medium/Large Businesses
About Us  |  Contact Us  |  References