The Advanced Finance Leaders Program
Overview:
Introduction:
This seminar brings together some of the most important areas of management, leadership, and financial management: Mastering People Management & Team Leadership Skills, and Financial Analysis, Planning, and Control.
Course Objectives:
At the end of this course the participants will be able to:
- Understand their role as manager and leader
- Establish clear objectives and standards of performance for their team
- Manage their workload using effective prioritization, delegation, and information management techniques
- Maximize their influencing skills
- Develop and leverage the capabilities of team members
- Expose to a range of different approaches to leadership and management practice, allowing them to select those most suitable for their situation and personal style.
- Experiment with key techniques before applying them in the workplace will help build the confidence to move beyond traditional assumptions about the ‘right’ way to manage.
- Broaden their financial knowledge to enable them to develop and manage the financial aspects of their role more effectively and improve performance
- Acquire the ability when involved in decisions about investment, operations, or financing, to choose the most appropriate tools from the wide variety of financial techniques available to provide quantitative analysis.
- Understand the financial tools and techniques that support an organization’s planning and control, concerning their departments or business units, as well as their businesses.
Targeted Audience:
- Managers, Supervisors, and Team Leaders
- Project Management Professionals
- Human Resources and other Non-financial Areas
- Accountants
- Financial Analysts
- Auditors
- Financial Personnel and Senior Finance Professionals
- Professionals who want to better understand the financial aspects of their roles
Course Outlines:
Unit 1: Understanding Your Role:
- Leader or manager?
- Self-perception
- Beyond the job description: finding out what your organization requires of you
- Balancing conflicting stakeholder demands
- Understanding the nature of change
- A model for implementing change
Unit 2: Personal Effectiveness, Time Management, and Delegation:
- Understanding yourself and your organizational environment
- Outcome orientation
- Setting personal and team objectives
- Managing performance
- Finding and using time effectively
- A model for effective delegation
Unit 3: Communication, Influence & Conflict Management:
- Channels of communication
- Effective listening skills
- Emotions and rapport
- Persuasion and negotiation: the keys to personal influence
- Managing conflict assertively
Unit 4: Team Building, People Management, and Motivation:
- How high-performing teams work?
- Identifying team roles
- Teams in practice: teambuilding exercise
- Motivation and reward
- Building and sharing a vision
- Different approaches to leadership
Unit 5: Enhancing Team Performance through Coaching and Development:
- How do people learn?
- Coaching for personal and team growth
- Feedback skills
- Development planning
- Next steps
Unit 6: The Challenge of Financial Economic Decision-Making:
- The practice of financial-economic analysis
- Corporate value and shareholder value
- A dynamic perspective of business Benchmarking your own strategic position/competitor analysis
- The agency problem and corporate governance
- What information and data to use?
- The nature of financial statements
- The context of financial analysis and decision-making
Unit 7: Assessment of Business Performance:
- Ratio analysis and business performance
- Management’s point of view
- Owners’ point of view
- Lenders’ point of view
- Ratios as a system – pyramids of ratios
- Integration of financial performance analysis – the Dupont system
- Economic value added (EVA)
- Predicting financial distress
Unit 8: Projection of Financial Requirements:
- Interrelationship of financial projections
- Operating budgets
- Standard costing and variance analysis
- Cash forecasts and cash budgets
- Sensitivity analysis
- Dynamics and growth of the business system
- Operating leverage
- Financial growth plans
- Financial modeling
Unit 9: Analysis of Investment Decisions:
- Applying time-adjusted measures
- Net present value (NPV) and internal rate of return (IRR)
- Strategic perspective
- EVA and NPV
- Refinements of investment analysis
- Equivalent annual cost (EAC)
- Modified internal rate of return (MIRR)
- Sensitivity analysis, scenario analysis, simulation, and NPV break-even
- Dealing with risk and changing circumstances
Unit 10: Valuation and Business Performance:
- Managing for shareholder value
- Shareholder value creation in perspective
- Evolution of value-based methodologies
- Creating value in restructuring and combinations
- Financial strategy in acquisitions
- Business valuation
- Business restructuring and reorganizations
- Management buy outs (MBOs) and management buy-ins (MBIs)