What is strategic financial management?

QuestionsWhat is strategic financial management?
Deepak Goyal asked 1 year ago
   
3 Answers
Akshaj Singh answered 1 year ago
Strategic financial management is a process that helps companies to build and maintain a competitive advantage by developing and executing an effective strategy for the company's financial performance. This process includes the following steps: - Identifying opportunities for growth, - Assessing threats to profitability, - Identifying and prioritizing key levers, - Implementing strategy, - Monitoring progress.  
Nikhil Rawat answered 1 year ago
Strategic financial management is the process of identifying and managing the risks and opportunities of an organization in order to achieve its goals. This involves identifying, assessing, and prioritizing the different factors that affect an organization's ability to meet its goals. The goal of strategic financial management is to ensure that the company's resources are used effectively in order to maximize return on investment.  
Priya Vishwas answered 1 year ago
Strategic financial management is the process of planning and managing the use of financial resources in order to achieve certain goals. Strategic financial management has become a popular topic in recent years, especially with the growing number of people who are invested in its success. However, despite its popularity, there is still much confusion surrounding this subject.