Strategic Financial Planning
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 program will enable you to learn the many benefits of Strategic Financial Planning, including:
· Improved planning, implementation, and results
· Improved strategic leadership
· Better utilization of core competencies and recognition of next competences needed
· Integration of strategy, finance, and operations
· Realization of sustainable competitive advantage
· Greater understanding and willingness to change
· Stronger commitment to goals and objectives
Course Objectives:
By the end of this course, delegates will be able:
· To introduce the concept of strategy making and its benefits
· To understand the role of leadership in strategy making
· To understand the link between involvement and accountability
· To provide insights into developing implementation plans
· To develop an actionable financial plan with controllable milestones
· To understand the pitfalls of strategic planning
Who Should Attend?
Executive level managers with strategic and financial responsibility, senior level managers who need to understand strategic implementation and its financial impact, middle level managers in operations, finance, operations, engineering, planning, procurement and any other area affected by strategic decisions, those whom are held accountable for financial performance
Course Outline:
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 managers role in strategy
Using Objective Evidence for Strategic and Financial Planning
· Analyzing the market 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 the Strategic and Financial Plans
· Preparing the ground for change in the business via financial planning
· Communicating the strategy and 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 at all levels
· Developing strategic leadership capability
· Creating organizational commitment to the business strategy
· Leading strategy making teams effectively
· Incentive systems
· Balanced Scorecard and other performance management systems
· Realistic action planning
| Code | From | To | City | Fee | |
|---|---|---|---|---|---|
| AF09 | 20 Jan 2020 | 31 Jan 2020 | London | US$ 8000 | Book |
| AF09 | 01 Mar 2020 | 12 Mar 2020 | Cairo | US$ 6500 | Book |
| AF09 | 11 May 2020 | 22 May 2020 | Istanbul | US$ 7500 | Book |
| AF09 | 20 Jul 2020 | 31 Jul 2020 | Barcelona | US$ 8500 | Book |
| AF09 | 20 Sep 2020 | 01 Oct 2020 | Dubai | US$ 7000 | Book |
| AF09 | 08 Nov 2020 | 19 Nov 2020 | Doha | US$ 7000 | Book |
|
DUBAI OFFICE
Ittihad Deira Building, |
USA OFFICE 642 E14 Street,10009-13 Manhattan, New York (NY) USA info@petrogas-training.com |
EGYPT OFFICE 52 General Kamal Hejab Street,Suez Bridge, Cairo, Egypt info@petrogas-training.com |
Certificate of Completion will be provided to the candidate(s) who successfully attend and complete the course. Training hours attendance percentage of 75% is required.
Standard course hours: 8:30 A.M. to 3:30 P.M. Informal discussions: 4:30 P.M. to 5:30 P.M.
We use a blend of interactive and hands-on methods, active participation, a variety of instructional techniques, dynamic presentations, individual and group exercises, in depth discussion, DVD’s, role-plays, case studies, examples. All of the information, competencies, knowledge and skills acquired within our training programs, are 100% transferrable to the participants’ workplace.
Pre-Test and Post-Test Assessment are applied on 5-day and 10-day programs. Also, post course evaluation and candidate’s evaluation are applied to add another level of quality measurement. Candidates’ feedback is highly appreciated to elevate the training service quality.
A- Have staff trained in the latest training and development approaches
B- Support nationalization and talent management initiatives
C- Have properly trained and informed people who will be able to add value
D- Gain relevant technical knowledge, skills and competencies
A- Develop job related skills
B- Develop personal skills in subject matter
C- Have a record of your growth and learning results
D- Bring proof of your progress back to your organization
F- Become competent, effective and productive
G- Be more able to make sound decisions
H- Be more effective in day to day work by mastering job-related processes
I- Create and develop competency to perform job well
A- 10% discount after 05 candidates’ registration.
B- 15% discount after 10 candidates’ registration.
C- 20% discount after 20 candidates’ registration.
D- 25% discount after 25 candidates’ registration.
E- 30% discount after 30 candidates’ registration
F- Higher discount rates will be offered based on work volume with different clients.
A- One extra free seat is offered on 4 candidates on the same course and dates.
B- Two extra free seats are offered on 6 candidates on the same course and dates.
C- Three extra free seats are offered on 8 candidates on the same course and dates.
D- Four extra free seats are offered on 10 candidates on the same course and dates.
E- Five extra free seats are offered on 12 candidates on the same course and dates.
Nominations to our public courses are to be processed by the client’s Training and/or HR departments. A refund will be issued back to the client in the event of course cancellation or seat unavailability. A confirmation will be issued to the relevant department official(s).
If a confirmed registration is cancelled less than 5 working days prior to the course start date, a substitute participant may be nominated to attend the same course or a 20% cancellation charge is applied. In case of a no-show, a 100% fee will be charged.
PAYMENT POLICY
Payment is due upon receiving the course confirmation, invoice and/or proforma invoice. However; the fee due can be wire transferred to our bank account directly after course completion. Our bank details are illustrated on the confirmation, invoice and proforma invoice, as well. The above documents can be communicated electronically, i.e., in a soft copy or/and in hard copy based on customer’s request.
COPYRIGHT
© 2017. Material published by PETROGAS shown here is copyrighted. © 2017. All rights reserved. Any unauthorized copying, distribution, use, dissemination, downloading, storing in any medium, transmission, reproduction or reliance in whole or any part of this course outline is prohibited and will constitute an infringement of copyright.
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