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Financial Tools to Drive Business Strategy

 

Duration: 2 Days (10 am to 5 pm with one hour lunch break)

Cost: $ 899 + GST

Course Outline

Utilize the best performance measures…
Align your financial and strategic goals…
Maximize shareholder value…
with Financial Tools to Drive Business Strategy!

Extensive changes are occurring in corporate finance today. Financial managers are becoming full business partners — participants at the strategy level. Along with basic financial analysis, you’re expected to provide entrepreneurial business solutions for your organization. You need to successfully analyze investment decisions and finance options.

You need to understand corporate strategy. You need to understand the "New Finance"—global competition, technological innovation, and transformation strategies.

By linking performance metrics with corporate strategy, Financial Tools to Drive Business Strategy places finance managers at the center of the movement to maximize shareholder value. It provides you with both the financial and nonfinancial measurement tools you need to set targets and assess financial success, customer satisfaction, internal business processes, and growth in your organization.

Learn how to:

• Master traditional measurement tools — ROA, Inventory Receivables Turnover, Operating and Financial Leverage, and ROCSE
• Apply value-based performance metrics — EVA, MVA, and CFROI
• Implement best practices — process redesign, benchmarking, auditing
• Become a strategic partner with other senior managers
• Use traditional and nontraditional performance measures to support firm-wide strategic goals and best practices
• Transform the finance department’s role in the organization
• Assess and utilize the staff skill necessary for this new role
• Do "more" with "less" — successfully master the challenges of relying on a lean organization

TABLE OF CONTENTS

• A New Direction for Finance
• New Focus for Finance Professionals
• Traditional Measures
• The Balanced Scorecard and Other Performance Measures
• Value-based Performance Metrics: EVA and CFROI
• Strategic Process Improvement
• Reengineering the Finance Function

Course Objective: Be familiar with the metrics and best practices of the finance function used in today's world-class organizations and apply these performance measures and practices in your own organization.

 

 

 

For more information on above course, please call us at 416-926-0616 or e-mail to marketing@key2careers.net