Further Details
Broadly speaking day 1 is all about financial understanding, analysis and strategic review and day 2 shows in practical terms how this can be effectively implemented within your organisation.
Day 1:
What makes a strategic thinker in finance?
Analysing the profit and loss account and balance sheet
Using key ratios for organisational performance
Internal and external financial and business analysis
Day 2:
Implementing financial strategy
Ten steps to a successful business plan
More effective forecasting and budgeting
Communicating financially
We explore financial performance in greater detail than normal, challenging you with the nine key ratios every business thinker should know. We look at three approaches to ratios:
Investor and stakeholder appraisal;
Checking the financial health of an organisation
Measuring operational effectiveness.
This gives us useful insight into the viewpoints of stakeholders, bank lenders and business partners, and operational directors with responsibility for performance, all of whom use different measures of performance.
In helping you become a more 'key player', we take you through the essentials of business planning.
For internal analysis we look at some models for business and financial analysis of your current products and activities
For external analysis we explore ways in which you can appraise your market and gain improved positioning and competitive advantage
To consolidate this knowledge, we take you through the key methods of implementing strategy and evaluating options, including:
Cash flow forecasts, payback period and cost-benefit analysis
Ten steps to a successful business plan
Effective forecasting
Negotiating the budget process with flair
We also help you to appraise the financial and business risk behind new and existing projects.
Finally, the best financial performers are also excellent communicators, and we look at right and wrong ways of communicating your financial intentions and plans to those around you. In particular, we examine how to match the financial message to your culture and audience.
Guide price
£929 |
