Advanced Business Acumen Management

2 days’ workshop

INTRODUCTION

Almost everything we do in today's business or public world invokes heavy competitive pressure: customer habits change, new competitors appear, and factors outside your control could delay your project. Nevertheless, we cannot allow ourselves to be paralyzed; we need to think strategically, plan in ways, which are execution able, and make decision as to what actions to take to minimize disruptions to our plans. In the final analysis, company vision is only good when we are able to converge and execute respective units’ efforts and achievements toward the organizational goals.

COURSE OBJECTIVES                                                                                                                                    

 On completing the programmer, participants will be able to:

  • Understand and Develop the strategic direction; 

  • Identify the Company strengths and weaknesses and take advantage to match internal capability with external opportunity 

  • Identify markets and competitions 

  • Formulate possible strategies and align organizational directions 

  • Measure and Deliver superior operational and financial results 

  • Use tools to Implement and execute effectively 

METHODOLOGY
Highly engaging approach drawing the best minds, fusion, and integration with the aim of practical application using the solution matrix. Case Study & Group Discussion. Real-current financial & business cases will be analyzed and scenario solutions will be discussed within the workshop.

WHO SHOULD ATTEND

CEO, CFO, COO, Department Head, Managers & Entrepreneurs

Special Feature: NOTE: Please bring laptop along

PROGRAMME OUTLINE

Day 1

Module 1: Understanding Business Acumen

  • how decisions are made 

  • ways in using data effectively

  • Ability in balancing risk with reward

  • Importance of negotiating

Module 2: Converting Business Plan & Key Performance Indicators into Budgets

  • Understanding CEO Vision & Mission

  • Review KPI for Department & Individual

Module 3: Financial Statements Analysis: Predicting Business Failure (case study)

  • Liquidity 

  • Solvency 

  • Efficiency 

  • Profitability 

  • Asset Management 

  • Sensitivity Analysis

  • Peer Comparison

  • Altman Z’ Score-Insolvency Predictor 

Module 4: Formulation of Business Strategies (Case Study) 

  • Asset conversion (conversion of assets to cash or profit)

  • Collection (Focus on collection & debt recovery) 

  • Cost reduction (review all aspects of costs drivers)

  • Revenues (review all aspect of revenue drivers)

  • Purchasing policy (focus on top 5 key suppliers; focus on fast moving items, etc)


Day 2:

Module 5: Risk Modelling Skills (Case study) 

  • Analyzing the potential risks facing an organization

  • Mitigating controls 

  • Weight the financial impact 

  • Cost/benefit decision analysis

  • Risk Model software

Module 6: Financial risk SWOT Analysis

  • SO, Strategies: use a firm’s internal strengths to take advantage of external opportunities

  • ST Strategies: use a firm’s strengths to avoid or reduce the impact of external threats

  • WO Strategies: aim at improving internal weaknesses by taking advantage of external opportunities

  • WT Strategies: defensive tactics directed at reducing internal weakness and avoiding external threats

Module 7: Linking KPI to Performance Management

  • Design Scoring Mechanism

  • Design Weighting & Measures

  • Tracking KPI

Module 8: Company Success Story (Case Study)

  • Processes (Planning & Forecasting, Cash Management 

  • Technology (Integration & IT operation & application)

  • Operating Model (Share services, Combination into one area & Centre of excellence)

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 Dr Steven Liew is a fellow member of the Chartered Institute of Management Accountants, UK and is a Chartered Accountant by profession. He has an Asia Pacific Executive MBA (for senior executives) from the National University of Singapore and a PhD in international finance with Rushmore University of USA. 

Dr Liew had worked in private sector companies, ranging from family-run businesses to professionally manage multi-national corporations in South Asia and the ASEAN region. He has accumulated more than 30 years working experience in senior financial & operational management positions spearheading the profitability and growth of companies. He has worked for the MBF Finance & its related group of companies over the 10 years period

He is a registered Trainer with the Government Human Resources Development Berhad (Pembangunan Sumber Manusia Berhad). And he is a GST Tax Consultant and had successfully completed the Custom examination

Dr Steven Liew had conducted various seminars for corporate clientele including Association of Credit Management Malaysia, Chartered Institute of Management Accountants, Malaysia Institute of Management, Malaysia Institute of Accountants, Institute of Bank Bank Malaysia, Nestle,  IQPC Worldwide Pte Ltd , Singapore,  Lexis Nexis,, Proton Edar Malaysia , Brunei Investment Agency, Small Medium Industries Development Corporation, Asia Business Forum Pte Ltd, Hong Kong, Ministry of Development, Brunei , BICPA Asean Management, Brunei,   Risda Group Of Companies,  Sales & Marketing Training  Forum, Sri Lanka, Giant Retail Sdn Bhd,  Telekom Brunei & Ministry of Foreign Affairs, Malaysia, Sabah Electricity Sdn Bhd,  Bank Islam Brunei Darussalam. Continental Tyres, Sime Darby Bhd ,Sony Malaysia Sdn Bhd , Perodua Sdn Bhd & Credit Guarantee Corporation (M) Bhd; Fujixerox, SYNERGY RMS PTE LTD, India;  UDA Holdings, SPNB, Diners Club, Elk Desa Capital Bhd, Antah Schindler, UCSI & Ministry of Finance; Seccom Sdn Bhd; Bridgestone Chemical Products (M) Sdn Bhd; Dialog Group Bhd; SEDCO, KK ; Hosiden Electronics (M) Sdn Bhd; STO Maldives; Indah Water Consortium Sdn Bhd; CPA Australia (M) Sdn Bhd & VMAC Business Group (M) Sdn Bhd, China

He is currently providing management consultancy and training specializing in GST, Forecasting, Fast closing monthly, leadership, Strategic Planning, budgeting, accounting, finance, Cost reduction, credit management & loan recovery.

Testimonials from Past Participants

“I really enjoyed the topics on Risk reduction & Swot analysis”: Pengurus, NAFAS

 “The Instructor is very knowledgable & overall business acumen program is very effective “: Pengurus, NAFAS

“Dr Steven Liew has the ability to teach & communicate & this business acumen program is highly successful: Pengurus Besar, NAFAS 

“Business Acumen is definitely a MUST for higher level management & well conducted: Pengurus Besar, NAFAS

“Dr Steven is able to share with us all the financial information and tools used for Strategic Decision Making. Personally, I am from a non-financial background and is able to grasp a major portion on the course. I find the course content very useful and will apply what I learnt in my working environment” -Business Development & Sales Manager, Brunei International Gateway Sdn Bhd

Enterprise Risk Management Program ( Case Study Approach)

Financial Intelligence for Leader

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