Strategic Financial Management Assignment

The goal of this unit is to help people understand how to plan and manage a companys money properly. It shows how important it is to make sure financial plans match business goals and help the people who own the company make money. People will also learn how to make business plans. Come up with business strategies.

What You Will Learn

When you finish this unit you should be able to do these things:

• Understand why strategic management and decision-making are important for a companys success
• Know about financial ideas
• Use methods to analyze the people who have a stake in the company and to value the company
• See how the companys culture affects the decisions it makes
• Understand and evaluate systems that measure how well the company is doing

Now lets say you work for a company. You need to pick a company you know and look at its plans to compete with other companies. You also need to find least two other companies in the same industry to compare with.

Note: You need to get your tutors approval for the companies you choose.

Task 1: Business Report

You need to make a report for the directors of the company you chose. The report should have these parts:

1. Look at the company

• Analyze what is happening inside and outside the company using ideas from school

2. Look at the companys resources

• See how the company uses its resources to reach its goals

3. Systems that measure performance

• Look at the systems the company uses to measure how well it is doing

4. Ways to analyze money

• Explain methods that companies use to analyze their money

5. Look at the companys financial performance

• Use financial analysis tools to evaluate the companys statements
• Compare the companys performance with at least two similar companies

6. Company culture and strategy

• Explain how the companys culture affects the decisions it makes

7. Change management

• Look at how the company manages change
• See how the companys culture affects the way it manages change

8. Financial ideas

• Review financial ideas that help companies make decisions

9. Tools for strategy

• Look at tools like the scorecard and methods for managing a portfolio

10. People who have a stake in the company

Use methods to analyze the people who have a stake in the company including:

• Why it is important to identify and manage the people who have a stake in the company
• How the companys plans to expand affect the people who have a stake in the company
• Analyze. Return
• Use methods to value the company

Referencing

All parts of the report need to have references in the Harvard style so the information is credible and reliable.

Conclusion

This assignment is designed to help you understand financial management and its role, in helping a company succeed. It combines what you learn in school with real-world experience so you can develop skills to analyze and make decisions in a business.