Strategic planning leads list of finance priorities

Finance executives were asked to rate how different issues and capabilities ranked among their priorities in business consulting firm Protiviti’s 2014 Finance Priorities Survey. And three-fourths of the respondents were CPAs or chartered accountants.

Because improving strategic planning capabilities ranked as the highest priority in the survey, here I created an infographic of the tips for succeed in following through with a strategic plan, which are offered by Jim Lindell, CPA, CGMA, president of Wisconsin-based Thorsten Consulting Group and author of Strategic Planning: A Simplified and Workable Approach for Private Companies.

All in all, if you want to obtain a successful strategic planning initiative, the upper management should have the strategic vision, and there must have disciplines for staff to complete the plan effectively. In addition, an appropriate scale and the follow-up must not be ignored.

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