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.
Below, we take a look at the three types of plans in management and how they are used within an organizational framework: I. Strategic Plan. A strategic plan is a high-level overview of the entire business, its vision, objectives, and value. This plan is the foundational basis of the organization and will dictate decisions in the long-term. The scope of the plan can be two, three, five, or even ten years. Managers at every level will turn to the strategic plan to guide their decisions. It will also influence the culture within an organization and how it interacts with customers and the media. Thus, the strategic plan must be forward looking, robust but flexible, with a keen focus on accommodating future growth.