By 1914, then, the three nations of the Triple Alliance-Germany, Austria-Hungary, and Italy-stood against the three nations of the Triple Entente-France, Russia, and Great Britain. The spark that would set off a fire of war was about to ignite.y 1914, then, the three nations of the Triple Alliance-Germany, Austria-Hungary, and Italy-stood against the three nations of the Triple Entente-France, Russia, and Great Britain. The spark that would set off a fire of war was about to ignite.
Flexibility â The importance of planning increases in an organization where stability has not been observed. These are typical traits of a newly formed organization, or an organization which is trying to rebuild itself. These organizations do not have a standard strategy.
Consulting Services Blog. Importance of Budgets in Strategic Planning. Creating a budget is not just an exercise that the CFO gives to the managers of the company to provide busy work to those already very busy. A budget is a comprehensive financial plan for achieving the financial and operational goals of an organization. Used correctly, a budget is the map of the companyâs strategic plan. In creating the budget, the company is developing its objectives for the acquisition and use of its resources.