Strategic Financial Management is the process of managing the finances of a company to meet its strategic goals as a business concern and return maximum value to shareholders. The Strategic Financial Management involves precisely defining a company’s business objectives, identifying and quantifying its resources, devising a plan for utilising finances and other resources to achieve its goals that may use the different techniques and financial tools to devise a strategic plan. Strategic financial management ensures that the strategy chosen is implemented to achieve the desired goals.
Related Definitions in the Project: The Project Management