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

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.

Citation

Phillips, P.A. (2000), "The strategic planning/finance interface: does sophistication really matter?", Management Decision, Vol. 38 No. 8, pp. 541-549. https://doi.org/10.1108/00251740010378273