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Strategic planning tools for SMBs: streamlining decision-making and boosting profitability

This blog explores how strategic planning tools are becoming indispensable for SMBs looking to navigate their growth path effectively.

Pipeline planning, simplified: a complete guide to S&OP software

Learn why S&OP software is not just a smart addition but a necessity for finance and FP&A professionals who want their businesses to thrive. 

The Finance Fix

Need your finance & FP&A fix? Sign up for our bi-weekly newsletter from former serial CFO turned CEO of Cube, Christina Ross.

Hiring your first FP&A analyst
Hiring your first FP&A analyst

Hiring is exciting. But you might have questions or reservations if you've never hired an FP&A analyst. Let's cover those in this guide.

The essential elements of a strategic plan: explained

What's a strategic plan? And how do I know when I've included enough? Learn the essential elements of a strategic plan in this blog post.

Organizational plans: a quick primer (with examples)

Organizational plans are how the finance team creates plans for the future. Some examples include strategic, tactical, driver-based, and contingency plans.

Operational planning vs strategic planning: How they work together

Operational planning is essential to ensure that your company's strategic plans are implemented. But how does it work with strategic planning?

Strategic finance: An exhaustive and practical guide for CFOs in 2024

Strategic finance is the core of how CFOs can be better partners to their CEOs and use the power of the purse to drive business growth.

month end close process
8 must-do steps for your month-end close process

Is your month-end close process taking too long, or do you think you should be doing more? Here's our essential month-end close process checklist.

Frequently asked questions

  • What is strategic planning?
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    Strategic planning is creating and implementing business strategies designed to promote the long-term health of an organization. It's a disciplined effort that produces fundamental decisions and actions that shape and guide what an organization is, whom it serves, what it does, and why it does that. 
  • Why is strategic planning important?
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    Strategic planning is vital because it helps keep an organization on track. It takes in a lot of different inputs like business activity, financial plans, and market conditions and sees whether or not they align with the company's strategic goals.
  • What are the 5 steps in strategic planning?
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    The 5 steps of strategic planning are to...

     

    (1) gather stakeholders

     

    (2) do research—a SWOT analysis is helpful here

     

    (3) determine your goals

     

    (4) make a plan around those goals

     

    (5) continuously monitor your progress and adjust the plan as needed

SLACK COMMUNITY:

Strategic Finance Pros by Cube