Integrating Financial and Strategic Management for Long-Term Business Growth

Abstract

In the contemporary digital economy, organizations are under increasing pressure to align long-term strategic vision with operational and financial precision. This study investigates the integration of strategic management and financial control systems, particularly in digitally transforming firms, to determine how such alignment influences long-term organizational performance. Drawing on data from 200 mid-sized to large firms across technology-intensive sectors, the research employs Structural Equation Modeling to assess the direct and mediated relationships among strategic integration, financial coordination, digital enablement, and performance outcomes. The findings confirm that strategic-financial integration significantly enhances organizational performance both directly and through the mediating effect of financial coordination. Moreover, digital enablement strengthens these relationships by providing the technological infrastructure necessary for cross-functional coherence and real-time decision-making. A multi-group analysis further reveals that firms with high digital maturity exhibit stronger integration-performance linkages, emphasizing the catalytic role of advanced digital systems in transforming governance logic and strategic execution. This study makes a dual contribution: first, by empirically validating the interplay between financial and strategic systems in digitally progressive contexts, and second, by offering a conceptual basis for enterprise-wide integration frameworks that prioritize dynamic alignment, capital efficiency, and technology-driven agility. The results carry practical implications for executives, financial strategists, and digital architects seeking to build resilient, responsive, and growth-oriented enterprises.