Adapting the Corporate Budget
in the Wake of Unknowns – Post COVID-19

Strategic Planning and Managing Performance for Organisational Success

The effective management of budgeting and cost control is crucial for contemporary organizations. Nowadays, if companies want to stay competitive, they are urged to think in terms of process-value added to customers / shareholders. To get your business budget back on track Post-COVID 19, you might need to make some modifications.

Companies across the business world halted operations and saw a decrease in cash flow thanks to the COVID-19. As states lift stay-at-home orders and day-to-day operations return to normal, businesses will need to adapt their budgets to account for the new normal under extreme unknown.

Unprecedented events such as the COVID-19 pandemic make budgeting difficult, especially when gauging long- term impact and engaging staff in the budgeting process. Thus, the first step is to rethink the process and set targets that encourage problem-solving and innovation. It is also important to allocate resources to areas of the organisation that are most likely to face challenges.

Therefore, there is a crucial need to improve the budgeting and financial knowledge required for better decision-making within extremely uncertain context, through Identifying sources of financial and operational data to support the budgeting process. We need to adopt and innovative tools for budgeting and cost control to cope with COVID-19 various unknowns

Today, we should think proactively beyond traditional budgeting initiatives, it is crucial to have a flexible budget that can embrace various business unknowns. Thus, this AZTech online training course – Adapting the Corporate Budget in the Wake of Unknowns helps you within the volatile and challenging times brought about by COVID-19, to change your thinking on traditional budget and make planning ahead easier.

You can register online right now or request a paper registration form from us or just by calling us at +971 4 427 5400.  For more information click here. Bookings are essential as places are limited.  To reserve your place, contact reg@aztechtraining.com or call +971 50 195 5668. 

AZTech is a leading international provider of training courses, seminars, workshops, programs, conferences and in-house training.  These can be delivered either in classroom or virtual setup. We deliver a wide range of cutting-edge training that include Strategy, Management & Leadership, Finance & Accounting, Health & Safety, Human Resources, Project Management, Procurement and Contracts Management, Mechanical, Maintenance, & Electrical Engineering. AZTech Training is all about ensuring that our delegates get Quality Assured Training and this commitment to delivering the best possible learning experience is demonstrated by our continuous working relationship with the world’s leading professional governing and certifying bodies. Visit us at www.aztechtraining.com.

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