Course Description
A 5-day Training course to provide telecom executives and senior managers with financial strategies and management tools and techniques to lead their organization’s growth and success, creating value in today’s competitive and liberalizing environment.
What Do Participants Learn?
- Provide a good understanding of the latest corporate financial policies and practices
- Introduce fresh management perspectives and techniques by taking a broad perspective on finance
- Present the fundamental concepts of shareholder value creation and illustrate them through case studies
- Present financial measurement systems such as balanced scorecard, digital dashboard and Key Performance Indicators (KPIs) to evaluate the impact and value of strategic decisions
- Provide an overview of the global and competitive telecommunications environment and its impacts on operators
Who Should Attend?
- Telecom executives and senior managers
- Telecom executives and senior managers
- Financial managers
- Non-financial telecom executives and senior managers
- Anyone looking to complement their skill-set by broadening and deepening their financial knowledge
What Will the Learning Experience Include?
Phase: 1
Introduce
- Comprehensive pre-program activities include:
- Web-based information forms & surveys completed by attendee.
- Direct consultation with the attendee about the expectations.
- During the training, participants engage in data, activities, and conversations that lead to insight and knowledge.
- Participants learn from expert trainers who have both academic and business experiences.
- Highly applicable training content & instructive activities for adding depth to training topics.
- **A half-day site visit for integrating the experience & plan next steps. Opportunities to provide connections, ideas & support.
Phase: 2
Explore & Practice
Phase: 3
Apply
- Apply & sustain the learning experience by using this ongoing support:
- To ensure participant has new skills or behavior progress.
- Optional, fee-based mentoring & coaching with the trainer.
- Training materials & additional documents (e-books, pdf files, presentations and articles)
- Evaluate your training experience by giving us feedbacks and help us to reach our organizational goals.
- Participant's Evaluation
- Trainer's Evaluation
Phase: 4
EVALUATE
Global and competitive telecommunications environment
- Deregulation and competition issues
- Globalization
- Market evolution and trends
- New telecom players
- New services and offers
- Challenges, impacts, and opportunities for operators
Impacts of privatization and liberalization
- Pressures on profitability
- Change in management behavior
- New regulatory rules/new laws
- The customer has a choice
- Knowledge/staff lost to competition
- Impact on morale
Financial policy
- Definition
- Best practices
- Case studies
Creating shareholder value
- Fundamental concepts
- Cost of capital
- Economic Value Added (EVA)
- Market Value Added (MVA)
- Setting the ideal capital structure
- Mergers & Acquisitions (M&A) and business valuation
- Case studies
Capital projects management and accounting
- Capital budgeting
- Business case and financial analysis as key components of the decision-making process
- What is project accounting?
- Project Budgets
- Costs and revenue allocations
- Work breakdown structure
- Cost data generation and allocation
Risk management, internal control, and diversification
- Uncertainty, risk assessment, and risk management
- Internal control
- Control environment
- Risk assessment
- Control activities
- Information and communication
- Monitoring
- What internal control can and cannot do
- Roles and responsibilities
- Diversification
Strategic measurement systems
- Balanced scorecard
- Executive/business dashboard
- Key Performance Indicators (KPIs)