Strategic Financial Planning
Strategic Financial Planning is the process of defining an organization's financial goals, developing budgets, identifying resources to achieve objectives, recognizing potential challenges, and formulating strategies in line with the financial fundamentals and accounting principles to enable sustainable financial growth.
Level 1: Emerging
At an emerging level, you are gaining familiarity with forecasting, budgeting, and developing initial financial strategies in line with your organization's business objectives.
Level 2: Proficient
At a proficient level, you are able to develop comprehensive financial plans aligned with organizational goals, utilizing financial analysis to make informed strategic decisions and provide recommendations for long-term financial sustainability.
Level 3: Advanced
At an advanced level, you are able to develop complex strategic financial plans that align with organizational goals, anticipate market trends, and optimize financial performance through detailed analysis and forecasting.