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Strategic Planning, Management Control & Effective Budgeting

Venue : Amsterdam
Start Date : 26/08/2024
End Date : 30/08/2024

• Develop an appreciation and understanding of strategic planning and management control processes.
• Understand how the elements within them interact to create a systemic approach to the effective and efficient management of organizations, from strategy formulation through to efficient execution.
• Learn how to recognize, manage, and mitigate risk.
• Gain awareness of the kind of leadership that makes a difference in unleashing the potential of everyone on the team.
• Understand the key factors that lead to sustainable business success.
• Think in terms of process value added to customers/shareholders.
• Integrate the organization's strategic planning with budgets and processes of cost control.
• Understand the importance of project management, appraisal, and planning.
• Explore traditional versus innovative budgetary techniques.
• Explore capital and activity-based budgeting techniques.
• Identify the business's critical strategic and financial indicators and how and when to monitor them.
• Discuss the problems and limitations of budgetary control and look for alternative tools.
• Understand the importance of balancing economic and non-financial measures in managing projects.
• Link budgetary processes with quality issues and business process improvement.
• Identify priorities for continued professional development.
• Learn a consistent framework for any organizational activity, process, or change.
• Understand the factors involved in using a plan to achieve measurable results.
• Learn techniques to plan, prioritize, and implement effectively.
• Anticipate and prepare for contingencies and changing circumstances.
• Increase levels of confidence in dealing with superiors, peers, and subordinates.
• Gain project management abilities.
• Integrate planning, budgeting, and cost control using a financial-based language.
• Manage different types of cost and their relevance to decision-making.
• Understand the problems of overheads and how Activity-Based Analysis may aid decision-making and pricing strategies.
• Select the performance measurement system that works.
• What is from cost to strategy to performance measurement?
• Looking beyond budgeting: balanced scorecard, six-sigma, and Business Excellence.
• Develop a comprehensive understanding of what contributes to and creates business success.