Strategic Business Planning and Budgeting

Course Objectives

• Understand how Strategic Business planning is done
• Improve ability to think Strategically and participate in the integration of the organization’s Strategic management and budgeting process
• Use tools and techniques to create a strategic plan that directs the organisation
• Complete meaningful SWOT analyses & Balance Scorecard
• Learn ways to implement, evaluate, and review a strategic plan
• Use related tools, such as Strategy map and Balance Scorecard, to help develop a Strategic Plan.
• Know how to link budgets to performance indicators, organizational finance, strategies and objectives
• Develop the appropriate techniques for effective budgeting as part of the planning process
• Develop and effectively control budgets
• Provide budgeting knowledge that can be shared for the benefit of your company
• Keys principle of successful budget process
• Analyze and control budget plan for your business
• Techniques for appraising investment projects

Target Audience

• Financial Controllers, Finance Managers and Accountants who review business plans &/or budgets
• Business Managers/Planners who develop business plans &/or providing inputs into budgets
• Managers, Administrator, General Manager, Business Owner, Executives and Senior Account Supervisors

Methodology

This stimulating program will maximize understanding and learning through Interactive Lectures, Course notes, Learning Assessment after each Module

Course Modules

• Module1: Overview of Strategic Business Planning
• Module 2: Strategic Planning – Assessment & Baseline
• Module 3: Strategic Planning – Components & Down To Specifics
• Module 4: Strategic Planning – Evaluate
• Module 5 : Strategic Planning – Budgeting Essentials      
• Module 6 : Strategic Planning – Practical Budgeting
• Module 7 : Strategic Planning – Monitoring Budgets
• Module 8 : Strategic Planning – Capital Budgeting