Bridging the Chasm between the Strategic Plan and the Budget

Posted on October 14, 2015

Thursday, October 8, 2015.    San Francisco, CA.   Bay Area Financial Officers Group.

Many companies capture their strategies in a strategic plan and develop a budget for where the money should go.  But sometimes during the year it’s not invested in the business at all, and sits in the bank, idle.  Other times, it gets mis-directed.  Having a strategy and a budget isn’t enough—there is a gap.

Companies must bridge this gap with an operating system (sometimes referred to as a detailed business plan or operating plan) which clarifies who does what by when, and keeps midsized companies organized on and track.  The operating system helps us execute our strategies while following a prudent budget.

Robert Sher is pleased to make his second presentation to BAFOG, this time with best practices surrounding this new topic.  He’ll touch on:

• Crucial elements to an operating system
• Capturing action-ability and accountability-Action Plans and Objectives
• Measuring behaviors, not just results
• The plan review process- encouraging engagement and passion for progress
• Why the numbers don’t really matter, and the striving really does
• Getting buy in from leaders
• The discipline of discipline

He’ll also look to bring out the collective wisdom of the group, with everyone sharing what works for them—and what hasn’t.

Date:                   October 8, 2015
Location:             Degenkolb @ 235 Montgomery Suite 500, San Francisco 94104
Agenda:
4:00 – 6:00pm    Presentation
6:15 – 8:30pm    Drinks and Dinner Sam’s Grill @ 374 Bush Street, SF
By Invitation Only.  Please inquire if you’d like to attend.