On the podcast today, we're going to be talking about the intersection of your financial plan and your strategic plan. It's not enough to have one or the other. We really need them in combination to make our business as healthy as possible. So, listen in as we talk about that overlap between the two.
Topics Mentioned:-
Cost to everything
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Ability to evaluate and prioritize
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Budgets and financial systems support
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Strategy first
Key Thoughts:
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I would always start with strategy first, especially in a planning phase, and then look to what it's going to cost and then back up. Michele
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A company could have goals that are even bigger than what the current strategic plan is. Michele
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This intersection of the finances and the strategy is once you have the financials set to your strategy, it gives you something to measure. It allows you to set KPIs, or key performance indicators, the things that you want to measure. Michele.
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Metrique Solutions allows us to pull in that financial data from our financial accounting software, and then it allows us to do things like manage the data, analyze the data, model the data where we don't have other tools to do that. Michele
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Email: [email protected]
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Facebook: Scarlet Thread Consulting
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Instagram: @ScarletThreadATL
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Website: ScarletThreadConsulting.com
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LinkedIn: Michele Williams