An intensive professional development training course on
Strategic Planning,
Management Control
& Effective Budgeting
Bolstering & Sustaining Organisational Excellence
Classroom Sessions
Brochure
Why Choose Strategic Planning, Management Control & Effective Budgeting Training Course?
Developing Strategies, Risk Analysis, Negotiating, Budgeting and Cost Control are the essential skills for those who are dedicated to maximizing their performance and value-added contribution - and that of the people who work for them. As the business environment becomes ever more uncertain and turbulent, the requirement for professional leadership and management throughout organizations is at a premium. Hence, these skills learned in this 10 day course provide a structured and coherent framework for addressing the challenges which professionals face in respect of both their day-to-day and longer-term responsibilities.
This Strategic Planning, Management Control & Effective Budgeting training course will feature:
- Identifying Effective and Proven Strategies
- Managing Strategic and Financial Risks
- Win-Win Negotiating Skills & Strategies
- Financial Analysis
- Budgeting and Cost Control
The Structure
This comprehensive training course consists of two modules which can be booked as a 10 Day Training event, or as individual, 5 Day training courses.
Module 1 - Strategy, Risks, Negotiation & Leadership
What are the Goals?
By the end of This Strategic Planning, Management Control & Effective Budgeting training course, participants will be able to:
- Develop an appreciation & understanding of each of the elements of the course
- Understand how skills interact creating a systemic approach to mastering the essential tasks of any leader
- Develop the skills and applications needed to master and integrate each individual element
- Utilize the elements in achieving individual, team and high organizational results
- Identify priorities for continued professional development
Who is this Training Course for?
This Strategic Planning, Management Control & Effective Budgeting training course is suitable to wide range of professionals, but will greatly benefit:
- Current and potential Managers and Business Leaders at all levels
- Those responsible for developing and leading strategic changes
- Procurement and Client Service Managers responsible for negotiation strategies
- Functional Team Leaders in the public or private sector
- Staff Members responsible for budgeting and financial controls
- Non-finance Managers with financial responsibilities
How will this Training Course be Presented?
This Strategic Planning, Management Control & Effective Budgeting training course will utilize a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. This includes mixture of speaker input, facilitated discussion, syndicate work and practical exercises, with an emphasis on delegate involvement at all times. The learning tools include video case studies, team problem solving and analysis tools to uncover core strengths and innovating ideas. Budgeting and costing examples are applied to relevant case studies.
The Course Content
Module 1: Strategy, Risks, Negotiation & Leadership
Day One: Strategic Planning
- Introduction to strategy - background, historical developments, major theories
- Strategic Management – a practical approach for every leader
- The steps involved in strategic planning
- Analytical tools and techniques
- The relationships between vision, mission and strategy
- The challenge of implementation
Day Two: Risk Management
- The meaning and nature of risk
- Managing Strategic and operational risks
- To mitigate or not?
- Risk mitigation strategies
- The importance of contingency planning
- Incorporating risk management into governance and strategy development
Day Three: Negotiating Skills
- What ‘Win-Win’ negotiations achieve
- Investigating organisational power
- Approaches and skills for effective negotiations
- The importance of preparation
- Where to draw the line
- Who negotiates and why
Day Four: Leadership Skills
- The strategic role and nature of effective leadership
- Charisma must be earned before it can be implemented
- Which leadership skills are keys to success?
- Leading in uncertain times
- Leading or managing, or both?
- Using persuasion to motivate staff
Day Five: Managing Change
- Communicating effectively
- The challenges of managing change
- Employing empathy whilst delivering objectives
- Gaining support, identifying the change agents
- Team leadership
- Developing a personal action plan for further self-development
Module 2: Effective Budgeting & Operational Cost Control
Day Six: Introduction: Building A Common Financial Language
- The key role of budgeting and cost control in contemporary organisations
- Budgetary planning and control
- The importance of value – for customers and shareholders
- Financial accounting and management accounting
- Integrating the financial and non-financial aspects of budgeting
- Financial planning and the budgeting process
Day Seven: The Budgeting Process
- The key features of budgeting
- Advantages and disadvantages of budgeting
- Divisionalisation and responsibility accounting
- Operating budgets: zero-based, incremental, and activity-based
- Capital budgets
- Cash budgets
Day Eight: Cost Analysis
- Different costs for different purposes
- Fixed costs and variable costs
- Cost-volume-profit (CVP) analysis
- Contribution and marginal costing
- Absorption costing
- Decision-making
Day Nine: Traditional And Advanced Techniques Of Cost Control
- Indirect costs (overheads) and direct costs
- Under-costing and over-costing: the consequences for profitability
- Traditional cost allocation systems and activity based costing (ABC)
- Refinement of the costing system
- Activity based budgeting (ABB)
- Standard costing, flexed budgets, and variance analysis
Day Ten: Beyond the Budgets, The Balanced Scorecard And Six Sigma
- Broadening performance measurement systems
- Innovative approaches to costing
- Integrating financial and non-financial performance measures
- The balanced scorecard
- Strategy maps
- Six sigma
The Certificate
- AZTech Certificate of Completion for delegates who attend and complete the training course
In Partnership With
DO YOU WANT TOLEARN MORE ABOUT THIS COURSE?
© 2024. Material published by AZTech shown here is copyrighted. 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.
