Effective Budgeting and BeyondSTL
Effective Budgeting and Beyond
Courses never cancelled. Restaurant lunch. Last minute rescheduling. 24 month delegate support forum. And more... Learn how to tie strategy to effective annual budgets; Get practical tips to improve budgeting in your organisation; Identify critical success factors for your organisation; Understand how winning organisations harness the power of Balanced Scorecard; Develop Key Performance Indicators that will help you to deliver results
Suitability - Who should attend?
Any manager responsible for delivering organisational objectives and targets; managers in charge of developing frameworks for improving public or private sector performance; all managers responsible for preparing and controlling departmental budgets.
This course is an example of a selection from our financial management for non finance managers courses.
Training Course Content
Budgeting's place in the planning framework
Creating and articulating the organisation’s vision and objectives
Organisational stakeholders and balancing their objectives
The planning horizon
A framework for strategic planning
Tools for strategic analysis
Understanding and managing risk
Linking budgets to strategic objectives
Identifying tactical objectives
Identifying constraints and the limiting budget factor
Assigning responsibility for budget objectives
Making sure objectives are integrated
People and budgets; using budgets to motivate
The budget manual
The sales budget
Capital expenditure budgeting
Preparing the master budget
Business seasonality, trends and budget phasing
Monitoring financial and other data
Design of budget reports
Four golden rules for good feedback reporting
Alternatives to traditional budgeting
Activity based budgeting
Criticisms of conventional budgeting
Handelsbanken case study
Using rolling forecasts instead of static budgets
Identifying key business drivers
Business modelling with Excel
Implementing rolling forecasts
Balanced Scorecard and KPI's
The four perspectives of the Balance Scorecard
The 'three step' approach to developing Balanced Scorecard
Identifying critical success factors
Using Balanced Scorecard to develop Key Performance Indicators
Aligning the KPI's with long term strategy
Practical implementation of a Balanced Scorecard
Real life examples of successful implementation
List price £965 per delegate. Promotional rates apply: see event listings for current prices. On-site training also available: Contact us.
STL - Helping businesses deliver productivity and efficiency gains
Learning solutions from leadership and management training programmes to business intelligence and applications training. London based with a global reach....
Request information - obligation free
Customer Outreach Award
We believe that it should be easy for you to find and compare training courses.
Our Customer Outreach Award is presented to trusted providers who are excellent at responding to enquiries, making your search quicker, more efficient and easier, too.
Find out more about this Effective Budgeting and Beyond course - simply fill out your details:
There are no reviews available yet.
Are you curious about the L&D strategies of some of the U.K.'s top companies?
Find out what they're up to in findcourses.co.uk's second annual U.K. L&D Report!