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Advantages of strategic planning?

Strategic planning is the management task concerned with growth and future of a business enterprise. A well-organized planning system is an extremely useful communications network. The planning process is a means for communications among all levels of management about objectives, strategies, and detailed operational plans. One of the great advantages of strategic planning is that it simulates the future on paper.


What is the job of a chief financial officer?

The chief financial officer is a corporate officer primarily responsible for managing the financial risks of the corporation. This officer is also responsible for financial planning and record-keeping, as well as financial reporting to higher management. In some sectors the chief financial officer is also responsible for analysis of data. The title is equivalent to finance director, a common title in the United Kingdom. The chief financial officer typically reports to the chief executive officer and to the board of directors, and may additionally sit on the board


Who is responsible for budgetary control?

It's the Finance Ministry who is responsible for budgetary control. The Ministry is assisted by Finance Secretary,Central Bank, Planning Commission. But the overall responsibility is bestowned upon the Finance Ministry.


What factors might inhibit HRD managers from developing a strategic planning approach to training?

A factor that would inhibit a human resource director from developing a strategic planning approach is changes in the organization that have yet to be defined. It is highly important for them to do so when they are merging or acquiring another organization.


How are the four management functions applied?

The four functions of management are used throughout the day. Managers are responsible for leading, directing, planning and organizing every day.

Related Questions

Johanna is responsible for setting goals and planning at a medium-sized company. Her job title is director of communications. What level of manager is Johanna?

Bcg


Which section is responsible for communications planning and resources?

logistics section... according to fema... the logisitics section is responsible for providing communication planning and resources


In the giver what is the job of a recreation director?

The Recreation Director in "The Giver" is responsible for planning and organizing leisure activities and events for the community. They ensure that residents have opportunities for recreation and entertainment, promoting social interaction and overall well-being.


What is the name of the person in charge of a rocket?

The person in charge of a rocket is typically called the mission commander or the mission director. They are responsible for overseeing all aspects of the rocket launch, from planning to execution.


Which section is responsible for providing communication planning an resources?

Planning Section


What Sections is responsible for providing communication planning and resources?

Planning Section


Sections is responsible for providing communication planning and resources?

Planning Section


Which individual or entity is responsible for conducting long range planning?

planning


Which individual is responsible for conducting long range or contingency planning?

planning


Which section is responsible for providing communication planning resources?

Planning Section


Advantages of strategic planning?

Strategic planning is the management task concerned with growth and future of a business enterprise. A well-organized planning system is an extremely useful communications network. The planning process is a means for communications among all levels of management about objectives, strategies, and detailed operational plans. One of the great advantages of strategic planning is that it simulates the future on paper.


Factors which are responsible for development of human resource planning?

Social organization and human capital are the factors that are responsible for human resource planning.