2 days workshop
INTRODUCTION
In order to have an effective Risk Mitigation & financial Strategy skillset, you need to have the heart of an entrepreneur and professional. This course will help to provide you with an environment that stimulates proactive behavior in order to achieve greater goals for yourselves and your organization. Real-current problematic Risk Mitigation & Financial Strategy Planning cases will be analyzed and scenario solutions will be provided under the guidance of Dr. Steven Liew.
COURSE OBJECTIVES
By the end of this course you will be able to:
Understand the connections of the financial statement to the business
Development and execute budgets and operational and strategic plans
Provide a broad understanding of business strategy and marketing frameworks
Manage customer receivables, supplier payables and load re-payments in competitive business situations.
Understand key financial rations and analyze business performance.
Create business diversification through multiple product lines and solutions development.
To instill the habit of anticipation with regard to identifying possible project problems, uncertainties, and contingencies
METHODOLOGY
Case Study & Group Discussion.
WHO SHOULD ATTEND
Entrepreneurs, Financial analyst, Risk Analyst, Project Managers, Bankers, Accountants, Business Managers, Marketing Managers and all those who want to master the skills of Risk Mitigation & Financial Strategy Planning Program.
Special Feature: NOTE: Please bring laptop along
PROGRAMME OUTLINE
Day 1
Module 1: Be a Business Turnaround Risk Specialist (Case Study) All sector
Objective: determine on how to make more profit or from losing to profit making strategy
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)
Module 2: Financial Statement RISK Analysis (Predicting Business Failure) – All sector
Objective: Analyse the financial health of company with the aim of exposing risk in giving goods or services away to your client or potential client
Trend Analysis
Common Size Analysis
Profitability Ratios
Efficiency Ratios
Liquidity Ratios
Gearing Ratios
Altman Z Score (Solvency Predictor)
Module 3: Thinking Out of The Box Risk Specialist (Case Study) (all sector)
Objective: using think out of box strategies to overcome business failure & financial uncertainties
Company facing business & financial uncertainties & failure
Strategies to overcome it
Think out of the box
Defensive strategy
Offensive strategy
Desperate strategy
Module 4: Skillful in Risk Financial Planning & Forecasting (Case Study) (all sector)
Objective: assess project evaluation & its risk. Consider to accept or reject the project or business proposal after factor in all financial & quality considerations
Forecasting Relevant Project Cash Flows
Project evaluation Techniques – Payback, NPV, IRR
Excel applications – using the payback, NPV and IRR functions
Accepting or Rejecting Projects
Day2
Module 5: Risk Modelling Skills (Case Study) (all sector)
Objective: identified company risks (operational, competitors, financial, legal & human capital); quantify it. do a cost & benefit analysis & make recommendation on risk improvement strategies
Analyzing the potential risks facing an organization
Mitigating controls
Weight the financial impact
Cost/benefit decision analysis
Risk Model software
Module 6: Integrated SWOT Risk Analysis (Case Study) (all sector)
Objective: review SWOT of companies. create 4 matrix strategies as below. Eg, capitalized on company internal strength to create external opportunities
SO (strengths-opportunities) Strategies
WO (weaknesses-opportunities) Strategies
ST (strengths-threats) Strategies
WT (weaknesses-threats) Strategies
Module 7: Success Story of Cost Reduction Strategies (all sector)
Objective: determine cost saving target based on approved budget. Map out commitment, resources and road map to achieve saving target
Automobile Sector
Infrastructure Sector
Manufacturing Sector
Logistic Sector
Module 8: Managing Working Capital requirement
Managing AR
Managing AP
Managing Working Capital
Module 9: Cost Analysis for Marketing Framework
Contribution margin by departments
Profitability analysis by salesperson
Return on assets managed (ROAM) model