The financial planning process involves the consideration of several strategic factors, including how capital should be allocated,
Question:
The financial planning process involves the consideration of several strategic factors, including how capital should be allocated, outside market forces, competitive factors ,access to capital markets, and risk factors. Do a case study, strategy executive model : Building a Profit Plan that includes an evaluation of two strategic alternatives at Boston Retail. In order to get a real world perspective on this process, you will identify and interview a corporate CFO or other high ranking accounting or finance executive ( Controller, VP Finance , etc. ) and discuss their corporate financial planning process.
Instructions :
1. Contact a financial executive ( i.e. a corporate CFO or other high- ranking accounting or finance executive such as the Controller, VP of Finance , etc. ) to arrange a brief interview . You can choose a financial executive to interview from your company , a company of interest, a contact from a business acquaintance, a contact from LinkedIn, etc.
2. Ask the following questions :
. What is the nature of the organization ( e.g. industry, products/services offered , markets served, types of customers ) ?
. What are the steps to the company's financial planning process ?
. How does the financial planning process align with the company's strategic goals ?
. How does the process motivate or evaluate performance ?
3. Make a summary of the interview experience and the responses to your questions
International Marketing And Export Management
ISBN: 9781292016924
8th Edition
Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr