The strategic planning/finance interface: does sophistication really matter?-Reference-Cited by-同舟云学术

The strategic planning/finance interface: does sophistication really matter?

Published:2000-10-01 Issue:8 Volume:38 Page:541-549
ISSN:0025-1747
Container-title:Management Decision
language:en
Short-container-title:

Author:

Phillips Paul A.

Abstract

Improving the interface between strategic and financial planning should be an essential objective of the planning process. However, does sophistication really matter? Based on a survey of 100 hotels, the aim of this article is to explore the issue of whether a well‐developed interface between strategic planning and the finance function actually provides any added value. The added value in this study is measured by enhanced performance (efficiency, effectiveness and adaptability), which is a primary objective for any enterprise.

Publisher

Emerald

Subject

Management Science and Operations Research,General Business, Management and Accounting

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