FINANCIAL MANAGEMENT
4 STRATEGIES OF FINANCIAL MANAGEMENT
PLANNING, ACQUIRING, DIRECTING, AND CONTROLLING
Allocating assets and monitoring company’s performance
OPERATING DECISIONS
Setting policies on investments, capital structure and dividend policies
BOARD OF DIRECTORS
A well-aligned structure makes it clear who is responsible for what
CLARITY
It refers to money that the company owes to its vendors and suppliers.
PAYABLES
It involves decision-making that will ultimately affect the markets’ perception of the company and influence the share price.
FINANCIAL MANAGEMENT
Expanding the business through creating different branches.
INVESTMENT DECISIONS
Overseeing the operations of a company and ensuring that the strategies as approved by the board are implemented as planned
PRESIDENT/CEO
It encourage collaboration across departments
COLLABORATION
It refers to looking ahead in terms of the money that flows in and out of the business.
CASH MANAGEMENT AND FORECASTING
It refers to the money moving in and out of your business during a defined period of time.
CASH FLOW
Strategic allocation of excess money to ensure possible return.
INVESTMENT DECISIONS
Promoting good relationships with customers and distributors
VP-MARKETING
Through organizational structure, the steps necessary to fulfill the organization’s strategies become more defined.
PROCESS UNDERSTANDING
It includes decision-making in terms of funding long-term investments.
FINANCING DECISIONS
He is responsible in the allocation of funds to the company’s current and fixed assets.
FINANCIAL MANAGER
It is the main concern of operating decisions.
WORKING CAPITAL
Coordinating the functions of administration, finance, and marketing departments
VP-ADMINISTRATION
An organizational structure helps distribute resources effectively and encourages better performance.
RESOURCE ALLOCATION
It refers to the amount of profit that goes to the shareholders after a certain period of time.
DIVIDENDS POLICY
It plays a vital role in determining the firm’s financial health
CASH FLOW
Make sure that company’s debt and capital are monitored
FINANCING DECISIONS
Identifying production technology/process that minimizes production cost and make the company cost competitive
VP-PRODUCTION
With an adaptive structure, an organization can quickly adjust its strategies to meet changing needs.
FLEXIBILITY
It refers to the difference between a company’s current assets and current liabilities.
WORKING CAPITAL