Strategic Planning And Budgeting Part 1: Business Model and Strategy

ABF Budgeting, Forecasting and Financial Planning Conference, Feb 2009

• Understanding what strategic planning is and why it is important
  
• Clarify the difference between vision, mission statement, goals and objectives
  
• The external environment: The need to understand the economic cycle
  
• SWOT and PESTEL analysis
  
• Tying the strategic plan to the budget 
  

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Strategic Planning And Budgeting Part 1: Business Model and Strategy

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