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Thursday, 22 May 2008
 
 

Can Finance Really Become a Strategic Partner to the Business?

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Can Finance Really Become a Strategic Partner to the Business?

Much has been written about how finance organizations can become strategic partners with the businesses they support. Despite significant effort, not much progress has been made. Paradoxically, the link between finance and the business has been under finance's proverbial nose for some time - resource allocation. A serious concerted effort to optimize an organization's resource allocation ultimately enables finance to develop the bridge between finance and strategy. This discipline known as corporate portfolio management works to actively manage the company's resource allocation as a portfolio of discretionary investments.
Read more at: http://ezinearticles.com/?Can-Finance-Really-Become-a-Strategic-Partner-to-the-Business?&id=583292.
 
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