Course Details

Strategic financial planning is the process of determining how a business manages itself financially to ensure it achieves its goals and objectives for both the short-term and long-term. Sound financial planning considers every aspect of a business's operations and the interwoven impact each has on the overall financial position of the company.

In today's competitive global marketplace, organizations are increasingly under threat. Coupled with the recent credit crunch and recession in some markets, organizations are having to look at other ways of protecting their business and margins.

Strategic Financial Planning and Implementation ensures accountability while aligning the entire business with actionable and achievable goals and objectives. This programme will help you to look “outside the box” and be creative and entrepreneurial in your organization.

Strategic Financial Planning and Implementation Training course is designed to go beyond the theoretical. It is mandatory in today’s dynamic world to be able to link strategy with financial performance

At the end of the Strategic Financial Planning and Implementation Training course, you will be able to:

Understanding the concept of strategy making and its benefits
To better understand the role of leadership in strategy making
To understand the link between involvement and accountability
To provide insights into developing implementation plans
Know how to develop an actionable financial plan with controllable milestones
Learn skills to understand and avoid the pitfalls of strategic planning

Strategic Financial Planning and Implementation Training course, is ideal for :

Executive level professionals with strategic and / or financial responsibility
Senior level professionals who need to understand strategic implementation and its financial impact
Middle level professionals in all areas of the business impacting and affected by strategic decisions
All staff who are accountable for financial performance

Course Outline

5 days course

Day 1

Day 2

Day 3

Day 4

Day 5

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 manager’s role in strategy

Using Evidence for Strategic and Financial Planning

Analyzing the market place 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 Strategic and Financial Plans

Using financial planning to prepare the ground for change in the business
Communicating the strategy and having 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
Developing strategic leadership capability
Creating organizational commitment to the business strategy
Leading strategy making teams effectively
Incentive plans
Balanced Scorecard and other performance management systems
Realistic action planning
Case study

Strategic Financial Planning and Implementation

Course Info

Course Details

At the end of the Strategic Financial Planning and Implementation Training course, you will be able to:

Strategic Financial Planning and Implementation Training course, is ideal for :

Course Outline

What is Strategic and Financial Planning?

Integrating Strategic and Financial Planning with Operational Management

Using Evidence for Strategic and Financial Planning

Implementing Strategic and Financial Plans

Becoming a Leader of Strategic Financial Planning

Course Video

Strategic Financial Planning and Implementation

Course Info

Course Details

At the end of the Strategic Financial Planning and Implementation Training course, you will be able to:

Strategic Financial Planning and Implementation Training course, is ideal for :

Course Outline

What is Strategic and Financial Planning?

Integrating Strategic and Financial Planning with Operational Management

Using Evidence for Strategic and Financial Planning

Implementing Strategic and Financial Plans

Becoming a Leader of Strategic Financial Planning

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