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World-class Dynamic Budgeting and Forecasting Program (Makati, Philippines - May 6-8, 2020) - ResearchAndMarkets.com

January 8, 2020 GMT

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:

INTRODUCTION

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

Case Studies:

SESSION 6: BEYOND BUDGETING

Exercise:

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

Case Study/Exercise:

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/

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KEYWORD:

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

http://www.businesswire.com/news/home/20200108005425/en