An Intensive 5-day Training Course
Private: Strategic and Financial Planning
- Format: Classroom
- Duration: 5 days
- Language: English
- Accredited: CPE, KHDA Certified training courses
INTRODUCTION
Strategic & Financial Planning ensures accountability while aligning the entire business with actionable and achievable goals and objectives. This involves setting and committing to new standards of performance with built-in contingencies for all plans. Periodic reviews and links to operational plans help to make the strategy a reality.
This intensive programme will enable you to learn the many benefits of Strategic and Financial Planning, including:
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Improved planning, implementation, and results
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Improved strategic leadership
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Better utilization of core competencies and recognition of next competences needed
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Integration of strategy, finance, and operations
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Realization of sustainable competitive advantage
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Greater understanding and willingness to change
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Stronger commitment to goals and objectives
TRAINING OBJECTIVES
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To introduce the concept of strategy making and its benefits
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To understand the role of leadership in strategy making
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To understand the link between involvement and accountability
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To provide insights into developing implementation plans
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To develop an actionable financial plan with controllable milestones
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To understand the pitfalls of strategic planning
WHO SHOULD ATTEND?
This programme is designed to go beyond the theoretical. It is mandatory in today’s dynamic world to be able to link strategy with financial performance.
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Executive level managers with strategic and/or financial responsibility
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Senior level managers who need to understand strategic implementation and its financial impact
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Middle level managers in operations, finance, operations, engineering, planning, procurement and any other area affected by strategic decisions
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Those whom are held accountable for financial performance
TRAINING METHODOLOGY
This programme will be highly participatory and your trainer will present, guide and facilitate learning, using a range of methods including discussions, case studies and exercises. Where appropriate, these will include real issues brought to the programme by delegates.
You will experience first hand in a complex environment the application and the value of concepts that underpin translating strategy formulation into implementation and into results. The simulation, Balancing the Corporate Scorecard, is the platform for this unique learning experience. Participants are divided into teams each managing a company in an intensely competitive market environment. Lagging, current, and leading indicators will be identified and used to succeed.
Lessons learned from the simulation may be applied to the strategic plans of your own organisation. Key performance indicators (KPIs) for the critical success factors (CSFs) will focus attention on high priority action plans for taking back to your organisation.
TRAINING SUMMARY
Financial performance does not come by accident. In today’s world, we have to develop good unique strategies, implement them correctly, set financial targets and meet them. This programme shows delegates how this is done – the right way. In a good market a lot of errors are hidden. This programme will prepare you for the other” times, where we have to perform or we fail.
ACCREDITATION
EuroMaTech is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit.
Euromatech is a Knowledge & Human Development Authority (KHDA) approved training institute in Dubai, licensed and approved to deliver training courses in the UAE.
The KHDA is the regulatory authority in the UAE, that oversees administering, approving, supervising, and controlling the activities of various education providers in the UAE. We are proud of our commitment to ensuring quality training courses and status as a KHDA-approved training provider.
Taught by our team of highly qualified trainers, our KHDA approved training courses will provide you with an enriching learning experience and practical knowledge that will help you future-proof your career and support professional development within your organisation.