How to Turnaround Companies - 2 Days

2 days workshop

INTRODUCTION

Issues concerning senior management team or business owners today are:” a lot of sales but never see the cash!!!; got sales but problem paying GST output tax, how to impress your bankers to maintain your loan portfolio” This training will address all these issues practically & specifically. The approach will be training & consultancy approach to HOD and above. For training to address your issues, please email source documents before training for time optimization. Will address all critical issues identified below Module 1-7

COURSE OBJECTIVES        

  • Turnaround the company

  • Cost reduction and profit improvement, 

  • KPI setting for employees.

  • Improvement on cash flow planning

METHODOLOGY

Training & Consultancy approach.  Case Study & Group Discussion. 

WHO SHOULD ATTEND

Owners, HOD & Managers 

Special Feature: NOTE: Please bring laptop along

PROGRAMME OUTLINE

Day 1

 Module 1: Review your Company Financial Analysis & Strategies for Business Turnaround (Case Study) 

Source: Financial statements (latest 6 months)

Objectives

  • Asset conversion

  • Fees & Collection 

  • Spreading costs 

  • Manpower review 

  • Stock management

  • Product market study  

  • Sales

Module 2: Review & Input to Your AR Aging

Source: AR aging (latest)

  • Strategies to Reduce NPL or Debts

  • How to handle different type of difficulty customers

Module 3: Review your Collection Negotiation Tactics

  • Tested successful negotiation strategies 

  • Review latest Bankruptcy (Amendment) Bill 2016

Module 4: Q&A Session (Consultancy Approach) 


Day 2

Module 5: Review Why Got Good Sales but Not Enough Cash in The Company

Cash Flow Statement 

  • Lifeblood of business – Cash Flow Statement 

  • Relationship between cash flow statement and balance sheet 

  • How to determine financial health from cash flow pattern 

Module 6: Review & Input into Your Current Risk Environments with The Aim of Optimum Sales 

Source: 2018 budgets

  • Analysing the potential risks facing an organization

  • Mitigating controls 

  • Weight the financial impact 

  • Cost/benefit decision analysis

Module 7: Review & Input KRA To Your Current Appraisal Form 

Source document: Performance review documents

Setting Departmental KPI Metrics

  • Projects 

  • Property Management 

  • Corporate Strategy & Research

  • Marketing & Corporate Communication

  • HR & Administration

  • Finance

  • Procurement

Module 8: Cost Reduction Success Story

  • How to target saving for your organization.

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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 specialising in Turnaround companies, GST, Forecasting , Fast closing monthly,  leadership, Strategic Planning, budgeting, accounting, finance, Cost reduction, credit management & loan recovery.

Testimonial from past participants

 “All of the topics such as Budget, Forecasting, Decision analysis and excel practices have given me a guideline of how it can be applied to my work. The frameworks & excel formulation (NPV, FV, Goal seek, Conditional formatting) are great. Keep it up, Dr!” Costing Officer, Jerudong Park Medical Centre

 “Trainer is very expert on his field. Instructor showed the interactive way of teaching by linking Financial Risk Analysis Using Ratios in making business decision”- Salmi Nadia Bt Dato Mohd Hilmey, Director Risk Management

“The instructor delivers idea and knowledge clearly together with hands-on risk management activity” - Ahmad Kamal Mohd Kassim, Head Audit & Assurance

“Instructor explains clearly and easily to understand.  I have learned the Skill in Risk Financial Planning & Forecasting”- Norazima Hussain, Sr Manager HR & Corporate Planning

Risk Management for Retail Industry

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