What is strategic finance?

Strategic finance is the process of aligning an organization's financial goals and objectives with its overall business strategy. It involves analyzing financial data and making strategic decisions that can impact the company's overall performance and profitability.

Some key elements of strategic finance include financial forecasting, budgeting, risk management, and investment management. It requires a deep understanding of the company's financials, market trends, and competitive landscape.

The goal of strategic finance is to optimize the allocation of financial resources to achieve long-term success. It involves identifying and assessing potential risks and opportunities and developing strategies to address them. It also involves monitoring financial performance and making adjustments as needed to stay on target.

Overall, strategic finance plays a critical role in helping businesses achieve their strategic objectives, drive growth, and maintain financial stability.