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:
Art of thinking big outside the current capability of the organization
Stepping on the threshold of financing organization projects above the limiting factors
Competing with rival companies by instituting sound cost reduction strategies
Identify the Company strengths and weaknesses and take advantage to match internal capability with external opportunity
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 Financial Intelligence
The Nuts & Bolts of Financial Statements
Balance Sheet Statement
Income Statement
Cash Flow Statement
Profit ≠ Cash
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)