GCIDE(0.00 / 0 votes)Rate this definition: 1  Keeper(n.) An iron bar that is placed on the poles of a horseshoe magnet, and held in place there by the magnetic force, to preserve the strength of the magnet when not in use. 2  Keeper(n.) A fruit that keeps well; as, the Roxbury Russet is a good keeper.
Strategic Financial Management. What is 'Strategic Financial Management '. Strategic financial management refers to specific planning of the usage and management of a company's financial resources to attain its objectives as a business concern and return maximum value to shareholders.
A business needs to have both a strategic plan and a budget. The strategic plan lays out the direction and goals of the business and guidelines for actions to achieve those goals, while the budget looks at the money needed to support achieving those goals.Budgeting is only one part of the strategic planning process.any approaches to strategic planning are available. One approach is to start with a strategic analysis of where the organization is now, including its strengths and weaknesses and the economic, social, political and technical environment in which the business operates.