Introduction
¨ A good understanding of strategic analysis and fundamental financial concepts enables all professionals at every level to make better strategic decisions and achieve improved performance.
¨ This highly interactive seminar has been designed to establish the theoretical framework for making strategic financial decisions and review the tools available to managers for analyzing and evaluating strategic alternatives.
Seminar Objectives
¨ To create opportunities for your personal development and your ability to accept new challenges when they arise
¨ To enable you to develop and manage the financial aspects of your role more effectively
¨ To improve your self-confidence in dealing with finance and financial professionals
¨ To enable you to manage the stresses and pressures of an increasingly complex financial environment
Who Should Attend?
¨ This seminar is designed for business professionals , human recourses and employee head administrator, marketing , project management , human resource , financial manager , anybody need or wish to understand the financial aspects of the strategic decision making process.
This seminar will enable delegates to:
¨ Recognize the importance of finance as a component of the strategic decision-making process
¨ Appreciate the significance of the theoretical concepts underlying the use of financial tools in the strategic decision-making process
¨ Apply the appropriate financial tools in the strategic decision-making process
¨ Identify the impact of external factors on a company’s strategic financial plans and decision-making
¨ Evaluate the financial consequences of alternative strategic decisions Organizations should benefit from an increase in the ability of their managers to understand and anticipate the financial factors that form the basis of strategic decision-making, which should ultimately result in better strategic planning, and improved company performance.
Seminar Outline
¨ Day 1 – Fundamentals of strategic planning
* What is strategy?
* Strategic management
* Strategic analysis
 Mission
Objectives
Strategic decision-making
* The strategic planning process
Environmental analysis
Resources analysis
* Strategic choice
* Strategic implementation
* Corporate objectives and accountability
* Forecasting financial data
¨ Day 2 – Fundamentals of financial statements
* Financial statements & Balance sheet
* Income statement & Alternative asset valuation methods
* Cash flow statement
* Common size (or horizontal) trend analysis of financial statements
* Vertical trend analysis of financial statements
* Segmental analysis of financial statements
* Value added analysis of financial statements
* Understanding the cash flow cycle and the operating cycle
* Break-even and multiple product break-even analysis
¨ Day 3 – Capital structure and leverage
* Sources of funds
* Capital cost models
* Can we determine a company’s optimal capital structure?
* Capital structure models
* Preparing projections to determine financing needs
¨ Day 4 – Capital budgeting
* Future values, present values and DCF
* Capital budgeting principles
* Methods of evaluating capital investment projects
* Accounting rate of return (ARR) and payback
* Net present value (NPV) versus internal rate of return (IRR)
* How do you choose which method to use?
* Equivalent annual cost (EAC) method
* Capital budgeting methods
* Capital asset pricing model (CAPM) versus arbitrage pricing theory (APT)
* Does it make a difference whether we lease or buy?
¨ Day 5 – Managing financial risks
* The value of perfect information (VOPI)
* Types of risk • Risk management principles
* Talking to your bankers about managing risk
* The analytical tools to manage risk
* How to develop the tools for your company
* How to minimize risk
* Insurance and hedging
* Interest rate and foreign currency exchange rate risk |
