Tying short-term decisions to long-term strategy

By Andy West and Tim Koller, with Rishabh Bhargava · McKinsey & Company · 2024 · CP311-108-26

A McKinsey article based on a McKinsey Global Survey of 617 executives and managers on resource allocation, dated 20 May 2024 in its survey version. It reports that only about half of those surveyed say their companies effectively align budgets with corporate strategy, and that those whose organizations link budgets to strategy and take appropriate levels of risk are much more likely to report outperformance on revenue growth and return on capital.

On the syllabus

Exam CP-311 — CP311-108-26: Tying Short Term Decisions to Long Term Strategy; outcomes 1a and 1b, and outcomes 4a and 4b.

Contents unavailable McKinsey's site refused automated access, so the article's text and headings could not be read. This page records its citation and assignment from the syllabus, and the article's listing as it appears in web search results.

Sources

Tying short-term decisions to long-term strategy (McKinsey & Company) — the document; its page could not be fetched, so the title, byline (as McKinsey on Finance number 86 prints it), date and the summary used for the lead are as the article is listed in web search results
CP 311 Syllabus, Nov 2026/Mar 2027 (SOA) — the reading (CP311-108-26) and its learning outcomes
CP 311 Introductory Study Note, Nov 2026/Mar 2027 (SOA) — the study-note code CP311-108-26 and its title (hyphenated there as "Short-Term" and "Long-Term")