Mini MBA: Strategic Planning & Effective Budgeting

Introduction

Developing Strategies, Risk Analysis, Negotiating, Budgeting and Cost Control are all essential skills for managers who are dedicated to delivery top performance and making a big contribution to their organisation. The business environment continues to be very uncertain and turbulent, placing great demands on top management and middle management to think long term but act short term. Managers who are agile and able to adapt to frequent change are at a premium. Hence, the skills learned during this training course offer a structured and coherent framework to meet the day-to-day challenges and longer-term responsibilities faced by all professionals.

Objectives

By the end of the course, participants will be able to:

• Gain an Understanding of Strategy and Strategic Thinking
• Learn about Risk Management and Mitigation
• Practice Negotiating and Learn Top Tips for Effective Negotiations
• Develop Skills in Budgeting and Cost Control
• Understand how Financial Measurement Supports Strategic Success

Target Audience

• Current and Potential Managers, and Business Leaders at All Levels
• Those Responsible for Developing and Leading Strategic Changes
• Procurement and Client Service Managers Responsible for Negotiation Strategies
• Functional Team Leaders in the Governmental or Private Sector
• Staff Members Responsible for Budgeting and Financial Controls
• Non-Finance Managers with Financial Responsibilities

Budgeting & Accounting Outline

The course will cover the following topics:

• Gain an Understanding of Strategy and Strategic Management
• How to Identify, Manage and Mitigate Strategic and Operational Risks
• Learn Tactics in Win-Win Negotiating
• Do All Leaders Need to be Charismatic?
• Enhance Communication Skills to Build Relationship Inside and Outside the Organisation
• Understand the Role of Budgeting and Cost Control
• Develop Skills in Budgeting and Cost Control
• Understand and Manage Costs
• Understand Different Approaches to Cost Control
• Link Performance Measurement to Strategy Via the Balanced Scorecard and Six Sigma