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February 2003
By Hugh Lindsay, FCA, CIP In response to stakeholder expectations, regulatory bodies are setting increasingly higher standards for board of directors' responsibilities, including strategic planning As a member of the board, you are expected to be constructively involved in assessing and approving the strategic directions and plans of your organization. In turn, you should have an expectation as well—that you can call a member of the senior management team who is uniquely qualified to help, the Chief Financial Officer. Strategic Planning: What Boards Should Expect from CFOs outlines the specific ways in which directors can rely on CFOs to support them in discharging this important area of their oversight responsibilities. Appendices include suggested criteria for the contents of a strategic plan and a framework for delineating the respective roles of management and the board in the strategic planning process. Purchase a hard copy Download a soft copy |
