2024, Vol. 7, Issue 1

author(s)
Ahmad Nur Budi Utama, Rike Setiawati, Ade Irma Suryani and Liona Efrina

abstract
This study aims to investigate the relationship between the basis of strategic planning and financial management in a business context. This research will explore how good strategic planning can support effective financial management in achieving company goals. The research method used is descriptive and qualitative analysis with literature studies, using secondary data from various reliable sources. The findings of this study are expected to provide valuable insights for stakeholders in developing appropriate planning strategies in supporting sound and sustainable financial management. The practical implication of this research is to encourage business practitioners to critically consider the relationship between strategic planning and financial management in an effort to achieve long-term success. With a strong strategic planning foundation in place, organizations can be better prepared for environmental changes and achieve their financial goals more effectively. This research provides a new view of the importance of the relationship between strategic planning and financial management and encourages organizations to integrate the two aspects more synergistically.