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Home > QFINANCE Dictionary > Definition of corporate planning

Definition of

corporate planning

Corporate Governance

process of making plans to achieve firm's objectives the process of drawing up detailed action plans to achieve an organization's goals and objectives, taking into account the resources of the organization and the environment within which it operates. Corporate planning represents a formal, structured approach to achieving objectives and to implementing the corporate strategy of an organization. It has traditionally been seen as the responsibility of senior management. The use of the term became predominant during the 1960s but has now been largely superseded by the concept of strategic management.

Definitions of ’corporate planning’ and meaning of ’corporate planning’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’corporate planning’ and other financial terms with our online QFINANCE Financial Dictionary.

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