In 100 Words | What differentiates Strategic Treasury from Operational Treasury?
By Kurt Smith
treasuryXL expert Kurt Smith explores the distinction between Strategic Treasury and Operational Treasury in this edition of “In 100 Words”.
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IN 100 WORDS
Strategic treasury ambition requires a solid operational treasury foundation.
Being strategic is about elevating focus from your patch to enterprise-wide; and extending the time horizon to at least ten years in the future. It is analogous to a photographer zooming out from a close-up to a panoramic bird’s eye view, in both spatial and temporal dimensions. Strategic goals are to ensure that the corporate strategy is funded, and corporate value is created and resilient to business cycle downturns and adverse economic conditions.
Tip: Being strategically influential is the best way to secure a seat at the decision-making table.
Want more? Read the other “In 100 Words”.
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