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Strategic Management - strategic planning; corporate performance through balanced scorecard; risk management; organizational excellence; alignment of methods of operations; polices formulation & implementation

Financial Management - corporate financial policies, financial procedures, resource allocation; resource utilization; F/S & Management reports

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Q: What is the function of the corporate planning department?
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The function of a sales department in a hotel is to attract or get business for the hotel. Sales managers often specialize in conventions, tours, or corporate accounts for the hotel.


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One can go to various websites, such as Wiki Answers and learn about corporate planning. Corporate planning is when one corporation makes strategic action plans to create a desired outcome. The outcome is usually financial in nature, but, it does not have to be.


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Strategic planning is also known as business planning. This is the plan that the corporation comes up with, and the goals they would like to meet. Corporate planning refers to the strategies that will be followed by employees to help meet the corporation's goals.


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