Strategic Management & Accountability for First Nations – Best Practices to Consider [Aboriginal Financial Officers Association, AFOA]

Strategic planning and accountability type activities have been around for a long time. Individuals and organizations constantly look for new and innovative ways to improve what they do in these areas. In reality, some are more active at planning and some are more sophisticated in their approach. Strategic management has been thrust into the spotlight in the last decade as individuals and organizations realize that organizational success is often linked to results from enhanced activities in this area. Despite the success of strategic management, some organizations have yet to invest in related education and training. Some think strategic management is nothing but strategic planning. Others think they have strategic plans and accountability is being met. Others don’t realize it is part of their job. Understanding what strategic management is all about provides an opportunity to make improvements in planning and accountability activities.