Financial Implementation of Business Strategy

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A071 August 11, 2024 - August 15, 2024 Dubai – UAE $ 5000

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A071 September 23, 2024 - September 27, 2024 Madrid $ 5000

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A071 November 17, 2024 - November 21, 2024 Dubai – UAE $ 5000

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Objectives

  • Understanding the concept of strategy making and its benefits .
  • To better understand the role of leadership in strategy making .
  • To understand the link between involvement and accountability .
  • To provide insights into developing implementation plans .
  • Know how to develop an actionable financial plan with controllable milestones .
  • Learn skills to understand and avoid the pitfalls of strategic planning .

The Delegates

  • Executive level professionals with strategic and/or financial responsibility .
  • Senior level professionals who need to understand strategic implementation and its financial impact .
  • Middle level professionals in all areas of the business impacting and affected by strategic decisions .
  • All staff who are accountable for financial performance .

The Contents

  • What is strategic and financial planning?
    • The role of strategy in business and why it matters
    • The ingredients of a good strategy
    • Customer analysis and market segmentation
    • Effective strategy making processes with proper financial planning
    • Tools for understanding industry developments
    • The core strategic financial choices for a business
    • Who is responsible for strategy making and who should be held accountable?
  • Integrating strategic and financial planning with operational management :
    • Contrasting management with strategic leadership
    • The competencies of strategic leadership
    • The top manager as strategist
    • The CFO as strategist
    • Using Scenario analysis and environmental scanning
    • SWOT and other acronyms
    • Corporate Culture and its effect on strategy and financial planning
    • The operational manager’s role in strategy
  • Using evidence for strategic and financial planning :
    • Analyzing the market place and the customers
    • Understanding the competition
    • Financial analysis: past, present, and future
    • Knowing the core strengths and weaknesses of your business
    • Identifying your core competitive advantage
    • Developing Vision statements that make a difference
    • Developing mission statements that make a difference
    • Examining alternative strategies
    • Creating the strategic plan
  • Implementing strategic and financial plans :
    • Using financial planning to prepare the ground for change in the business
    • Communicating the strategy and having control points
    • Overcoming internal political resistance
    • Reviewing and measuring progress with proper variance analysis
    • Turnaround and corrective measures
    • Managing implementation as a continuous process
  • Becoming a leader of strategic financial planning :
    • Building strategy making and implementation into the role of managers
    • Developing strategic leadership capability
    • Creating organizational commitment to the business strategy
    • Leading strategy making teams effectively
    • Incentive plans
    • Balanced Scorecard and other performance management systems
    • Realistic action planning

Course Summary

The Discount

0% in case of Three P. (or more)

Course File

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2024-08-06T11:09:12+00:00