An intensive professional development training course on
Strategic Planning, Management Control & Effective Budgeting
Bolstering & Sustaining Organisational Excellence
Modules
This training course is split into two modules:
Module I - Strategy, Risks, Negotiation & Leadership
Module II - Effective Budgeting & Operational Cost Control
Each module is structured and can be taken as a stand-alone training course; however, delegates will maximise their benefits by taking Module 1 and 2 back-to-back as a 2-week training course.
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
- How Strategy evolved into business
- Leadership Accountability for strategy development
- Strategic planning
- Describing the organisation’s Vision, Mission, Values & Strategy
- Selecting Options, Making Decisions
- Does having a Strategy guarantee success?
- The meaning and nature of risk
- Operational, Tactical and Strategic Risks
- Risk management
- Cost/benefits of mitigation
- Agility, Resilience & Black Swans
- Sources of Power & Influence
- Who negotiates and why
- Top Tips for ‘Win-Win’ negotiations
- Key skills for effective negotiations
- Preparing thoroughly: where to draw the line
- Leaders drive strategy & change
- Must leaders be charismatic?
- Leading or managing, or both?
- Leading in uncertain times, key skills
- The Challenge of employees “wanting to do what must be done”
- The challenge of managing change
- People & Systems are the foundations of success
- Building a coalition of change agents
- Effective channels of communication, pipelines to success
- Developing a personal action plan for further self-development
Module 2: Effective Budgeting & Operational Cost Control
- 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
- 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
- Different costs for different purposes
- Fixed costs and variable costs
- Cost-volume-profit (CVP) analysis
- Contribution and marginal costing
- Absorption costing
- Decision-making
- 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
- Broadening performance measurement systems
- Innovative approaches to costing
- Integrating financial and non-financial performance measures
- The balanced scorecard
- Strategy maps
- Six sigma
Certificate and Accreditation
- AZTech Certificate of Completion for delegates who attend and complete the training course
In Partnership With
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Available Sessions
Frequently Asked Questions
There are several convenient ways to register for our training programs:
- Online: Explore our training calendar, choose the course that suits your needs, and click the “Register Now” button on the course details page.
- Email: Share your details, including your name, organization, email address, and selected course, by sending an email to info@aztechtraining.com
- Phone: Reach out to us directly at +971 4 427 5400 or +971 4 427 5407, and our team will guide you through the registration process.
Once your registration is successfully completed, you will receive a confirmation email within 24 hours. This email will contain your registration details, invoice, and the necessary joining instructions for the course.
Our training programs are hosted at luxurious five-star hotels in prestigious destinations across the globe. Some of our popular locations include Dubai, London, Kuala Lumpur, Amsterdam, New York, Paris, Vienna, and many other iconic cities.
Yes, we offer tailored corporate training solutions to meet your organization's specific needs. Please contact us at info@aztechtraining.com or call +971 4 427 5400 for more information.
