The role of financial professionals has and continues to change in organizations. The stereotype of collecting and reporting data has been replaced by a broader vision, which focuses on improving an organization’s results today and preparing it for the future.
DESIGNED FOR
Public, private and non-profit organizations and their members -- CFOs, CEOs, controllers, auditors, and managers
BENEFITS
- Provide an overview of the expanded role of financial professionals
- Gain knowledge in a diverse range of activities
- Explore analytical valuation techniques that are useful over a board range of events
- Understand the potential value of improving existing practices and/or implementing missing ones
- Recognize immediate actions that can result in measurable benefits to an organization
- Identify specific areas for further exploration
HIGHLIGHTS
- Changing Role of Financial Professionals:
- Priorities
- Change in mission
- Valued-added actions
- Strategic Measurements:
- Common errors and guidelines for improvement
- Balanced scorecard
- Strategy development and implementation
- Budgeting basics and next steps
- Risk Management:
- Recent lessons, including Black Swan events
- Defining Enterprise Risk Management (ERM)
- Implementation
- Developing a Financial Leadership Pipeline:
- Changing employment environment
- Retaining the right employees
- Compensation
- Hiring process
- Capital Projects:
- Types of projects
- Factors affecting capacity
- Valuation techniques
- Cash management
- M&A Activity:
- Current environment
- Controller’s role
- Strategic questions
- Sample transactions
- Due diligence
- Implementation
- Introducing Improvements/Innovation:
- Getting started
- Establishing an environment
- Potential first projects
- Organizational structure
COURSE LEVEL
Update
PREREQUISITES
Experience and/or exposure to financial management.
ADVANCE PREPARATION
None