World-class Dynamic Budgeting and Forecasting Program (Makati, Philippines - May 6-8, 2020) - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jan 8, 2020--
The “World-class Dynamic Budgeting and Forecasting” training has been added to ResearchAndMarkets.com’s offering.
Most finance professionals in large companies are dissatisfied with budgets; they often believe too much time and resources are spent on this activity. Some even believe budgets may even be harmful to the organization, as managers engage more in game-playing rather than maximizing shareholder returns. Many believe budgets don’t deliver all that they should and suspect there must be a better way. These thoughts and ideas have led to the development of new tools and techniques, some quite radical, even proposing the complete abandonment conventional budgets.
This programme introduces some of these ideas but also develops them so that delegates can identify some practical new approaches which they can realistically take back into their own businesses.
The programme also reviews emerging ideas and breakthroughs on managing and reducing costs without causing long-term damage to the business. It covers approaches to help organizations effectively delegate budgets and cost management responsibility to managers while still delivering long-term corporate strategy and customer value.
This 3-day interactive masterclass uses a mixture of exercises, discussion and real-life case studies to keep the training lively, practical and relevant. It includes some of the latest research on good practice in budgeting and cost management.
Throughout the program, delegates will be encouraged to build an action plan, listing the positive action they are going to do when they get back to their business to make budgeting and cost management better.
Top Learning Objectives
Key Topics Covered:
SESSION 1: MOVING TO STRATEGY FOCUSED BUDGETING
CASE STUDY/EXERCISE: IMPROVING BUDGETARY STRATEGIC ALIGNMENT
SESSION 2: DEVELOPING BEST PRACTICE- BALANCED MEASURES - BEYOND FINANCIAL MEASURES - BEAT THE COMPETITION NOT THE BUDGET
CASE STUDY: DEVELOPING YOUR BALANCED SCORECARDS AND KPIs
SESSION 3: MODERN COSTING DEVELOPMENTS FOR ADVANCED BUDGETING
CASE STUDY/EXERCISE: DEVELOPING ACTIVITY BASED BUDGETING
SESSION 4: MOTIVATING TEAMS TO DELIVER MORE WITH BUDGETS
SESSION 5: BEST BUDGETING OR BETTER BUDGETING
SESSION 6: BEYOND BUDGETING
CASE STUDY/EXERCISE: BUDGETING CHANGES IN YOUR ORGANIZATION
SESSION 7: FORECASTING - TOOLS AND TECHNIQUES
PRACTICAL EXERCISES - BUILDING FORECAST
SESSION 8: LONG TERM PLANS AND FORECAST/LONG TERM PLANS AND CAPITAL BUDGETING AND CASH MANAGEMENT
SESSION 9: BETTER CAPITAL BUDGETING
CASE STUDY - ADVANCED SENSITIVITY ANALYSIS/OPTION FLEXIBILITY ANALYSIS
SESSION 10: CASH AND WORKING CAPITAL MANAGEMENT AND BUDGETING
For more information about this training visit https://www.researchandmarkets.com/r/eb1v6d
View source version on businesswire.com:https://www.businesswire.com/news/home/20200108005425/en/
Laura Wood, Senior Press Manager
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INDUSTRY KEYWORD: PROFESSIONAL SERVICES FINANCE
SOURCE: Research and Markets
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PUB: 01/08/2020 06:59 AM/DISC: 01/08/2020 06:59 AM