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Strategic Finance

Asher Drory

I have been consulting to management in Canada for over 25 years in the fields of strategic and financial management, with a focus on economic decisionsupport. Either because of lack of training in financial and strategic analysis or simply because functional silos are still prevalent in organizational design, managers are often unable to conceptualize the financial consequences of strategic decisions or determine the strategic consequences of financial decisions. Whatappears to be a weakness in the backgrounds of nonfinancial managers is what I call 'Strategic Finance' - I will attempt to identify the deficiencies and how onecan eliminate them.

First, it is important to be able to identify the four decision types all organizations are involved in:

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  • "  The course was very informative and covered a lot of relevant and down to earth information and processes.   "

  • "  Instructor Peter Taylor was outstanding as he led this class. The small group of five led to some very interesting conversation as the course progressed. It also enabled trust to develop quickly and therefore a more open and honest environment. The subject matter of the course was fascinating!  "

  • "  I felt confident before the course and now I feel even much better while knowing the recipe and the rationale of the win-win negotiation parties.  "

  • "  This was very interesting and useful given that is was delivered in the context of real life experiences and the workplace rather than approaching it from a theoretical point of view.  "