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Unformatted text preview: focuses the efforts on the final destination. Strategic planning without financial planning may keep a business running, but not necessarily in the right direction. What financial problems might an organization encounter when implementing a strategic plan? Financial efforts are usually directed at strategic planning development. Financial problems might arise for any number of reasons such as time restraints, budgeting, or just not enough finances. If the organization is already in debt then implementing a strategic plan may cause financial problems. Even promises to reduce financial troubles often cause more problems....
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- Spring '08