Course Objective
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.

Who should Attend
Chief Executives, Managers, Operations Managers, HR Managers, Strategic Planners, Marketing Managers and all functional executives.

Course Overview


Strategic Risk

Identifying the risks in a given strategy

Prioritizing risks

Contingency planning

Risk mitigation strategies

Leadership

The strategic role and nature of effective leadership

The role of the modern leader and how leadership has changed

Innovative Leadership skills

Effective Budgeting & Operational Cost Control
Introduction: Building a Common Financial Language

The key role of budgeting and cost control in contemporary organizations

The Budgeting Process

The key features of budgeting

Advantages and concerns with budgeting

Accountability and centres of responsibility

Cost Analysis

Different costs for different purposes

Fixed vs. Variable costs

Contribution Margin analysis

Traditional vs. Advanced Techniques in Cost-Control

Under-costing and over-costing: the consequences for profitability

Indirect (OH) vs. Direct costs:

Linking resources, activities and management

Variance analysis

Learning Goal
The participants will learn various methods in Identifying Effective and Proven Strategies, Managing Strategic and Financial Risks, Win-Win Negotiating Skills & Strategies, Financial Analysis, Budgeting and Cost Control.