Is your finance department seen as a cost-center? Are you under-utilized and under-appreciated? You can change that paradigm. You can transform into a value-added, highly sought-after partner in your organization. The traditional cost center is focused on the past, preparing historical financial statement and budget to-actual analysis. The value-adding finance department is focused on the future, helping to guide strategy, protect against risk, implementing change effectively, and becoming a trusted organizational adviser.
DESIGNED FOR
Finance professionals who want to develop the skills to transform the perception and elevate the impact of the finance department on the organization
BENEFITS
- Identify the critical skills that today’s finance professionals need to add value to their team, other departments, and the company.
- Apply the Backcasting method of strategic planning to help plan your organization’s desired future.
- Determine how to apply the Balanced Scorecard to your organization’s strategy to track progress towards and achieve success faster.
- Formulate a risk assessment to protect your organization’s success and minimize the chances of failure.
- Recall different social styles for engagement, impact, and influence.
- Determine how to plan for, implement and manage change.
- Choose techniques to motivate and elevate your team.
- Use an insightful financial analysis to maintain what is working and make organizational improvements.
HIGHLIGHTS
- Skills for the 21st century finance department
- Strategic planning using the Backcasting method
- The Balanced Scorecard Method for aligning goals and objectives to strategy
- Risk identification, assessment, and mitigation
- How to use social styles to build stronger relationships
- Methods for effectively implementing change and minimizing the human pushback
- Preparing a financial analysis that is insightful to the users, driving improvements to the organization
- Hiring, managing, and retaining high-achieving employees
COURSE LEVEL
Intermediate
PREREQUISITES
Experience in financial management
ADVANCE PREPARATION
None