* All fees are exclusive of vat
** PREMIUM - Customize your learning experience
Strategic Financial Planning and Implementation ensures accountability while aligning the entire business with actionable and achievable goals and objectives. This course will help you to look “outside the box” and be creative and entrepreneurial in your organization. This course is designed to go beyond the theoretical. It is mandatory in today’s dynamic world to be able to link strategy with financial performance.
What Do Participants Learn?
Understanding the concept of strategy making and its benefits
To better understand the role of leadership in strategy making
To understand the link between involvement and accountability
To provide insights into developing implementation plans
Know how to develop an actionable financial plan with controllable milestones
Learn skills to understand and avoid the pitfalls of strategic planning
Who Should Attend?
Financial officers and planners
Anyone interested and wanted to develop his performance in finance
What Will the Learning Experience Include?
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.
Explore & Practice
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.
Section One: What is Strategic and Financial Planning?
The role of strategy in business and why it matters
The ingredients of a good strategy
Customer analysis and market segmentation
Effective strategy making processes with proper financial planning
Tools for understanding industry developments
The core strategic financial choices for a business
Who is responsible for strategy making and who should be held accountable?
Section Two: Integrating Strategic and Financial Planning With Operational Management
Contrasting management with strategic leadership
The competencies of strategic leadership
The top manager as a strategist
The CFO as a strategist
Using Scenario analysis and environmental scanning
SWOT and other acronyms
Corporate Culture and its effect on strategy and financial planning
The operational manager’s role in strategy
Section Three: Using Evidence for Strategic and Financial Planning
Analyzing the marketplace and the customers
Understanding the competition
Financial analysis: past, present, and future
Knowing the core strengths and weaknesses of your business
Identifying your core competitive advantage
Developing Vision statements that make a difference
Developing mission statements that make a difference
Examining alternative strategies
Creating the strategic plan
Section Four: Implementing Strategic and Financial Plans
Using financial planning to prepare the ground for change in the business
Communicating the strategy and having control points
Overcoming internal political resistance
Reviewing and measuring progress with proper variance analysis
Turnaround and corrective measures
Managing implementation as a continuous process
Section Five: Becoming A Leader in Strategic Financial Planning
Building strategy making and implementation of the role of managers
Developing strategic leadership capability
Creating organizational commitment to the business strategy
Leading strategy making teams effectively
Balanced Scorecard and other performance management systems