The conventional view of a manager is someone who controls and directs his employees. Management theorists still cite controlling as one of the four management functions. Despite this label, ...

Managing your money involves setting goals, organizing your finances and deciding how to use your resources over time. Wealth ...

The business planning process is designed to answer two questions: Where are we now? Where do we want to go? The result of this process is a business plan that serves as a guide for management to run ...

Change in the organization may flow from the strategic planning process or from the vision of the leadership. It may be incremental as annual goals are achieved. It differs from reengineering in that ...

"Strategy is the direction and scope of an organization over the long-term which achieves advantage for the organization through its configuration of resources within a challenging environment, to ...

I remember when I first started my leadership development business 30 years ago, strategic planning was considered a top-down effort. I worked with leaders to help them create strategic plans that ...

Strategic planning is a critical business practice for positioning an organization for success, aligning leaders to a common plan, and guiding management decisions. Most companies conduct some form of ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Charlene Rhinehart is a CPA , CFE, chair of ...