Following on from the earlier insights shared in the first part; this blog will explore further angles of how the strategic plan can be of value to your Company. The importance for complete stakeholder buy-in during the life cycle of the Strategic Plan is vital. Whilst a discounted cash flow (DCF) analysis is a further value-adding tool, which can further help to demystify your Company’s future uncertainty.
The untapped value of a Strategic Plan
The creation of a best practice financial model for a strategic plan is often viewed for a sole purpose. However there are many other circumstances, where the strategic plan can be of vital and immense value to a company.
How a Strategic Plan can help to demystify a company’s uncertainty
The current financial and economic uncertainty faced by businesses in the world poses a variety of strategic challenges to professional managers. One tool that can help to demystify or temper these strategic challenges is the application of a strategic plan across a company, its business units, assets and projects.
Sensitivity Analysis – Providing sensibility to your best practice financial model
The idea or concept of added value is different in the eyes of clients, but also in the eyes of financial modelling professionals. Especially in the current economic climate, there is an even bigger need for professionals to demonstrate the added value they provide to clients. One area of value-adding importance is incorporating sensitivity analysis into your best practice financial model.
Contract price modelling versus an old-fashioned “back of the envelope” pricing of a contract
Gone are the days when important commercial contracts were agreed upon on the “back on an envelope”. The genesis of the spreadsheet has ushered in a more robust, accountable and best practice approach to the modelling of commercial contracts.
Financial Reporting & Strategic Planning dashboards
→ Added Value: high‐level graphical snapshot of KPIs to executives & other stakeholders
The dashboards will deliver a high‐level graphical and tabulated snapshot of the company’s actual, budget and forecasted financial performance. The drop‐down box functionality enables customisation for the end‐user.