Adroit executives have to help businesses generate profits. To do so, they need to be armed with the right financial knowledge, and be able to use the right financial tools and analytical instruments. They also need to make decisions that improve the profitability, risk profile, and share price of their organizations. Not surprisingly, poor financial management is an all too common culprit of corporate crisis, which is why understanding the  implications of financial management is critical, even for non-specialists. Through lectures, discussion and case studies, this three-day program equips you with the understanding you need to contribute to your company’s bottom line.

• Executives who are accountable for profits in their companies, divisions, business units or important profit centers

• Experienced managers who want to update their knowledge of financial management and controlling
• Managers on the promotion ladder who want to add financial management to their management repertoire
• Middle and senior managers who want to analyze how their decisions impact shareholder value
• Entrepreneurs who want to improve their financial skills and explore the latest developments in finance

• Gain an integrated overview of modern financial  management
• Clarify and guide financial policy in your area of  responsibility
• Improve your profit planning and strategic profitability by using best practices in financial management
• Evaluate your corporate financial performance,  strategies and investment opportunities
• Make your resource allocation and cost controls  better by applying control and feedback mechanisms
• Create a culture of cost discipline and sustainable profitability in your area of responsibility

The Management Function of Finance

• The relationship  between shareholder, stakeholder and customer value
• Implications of financial decision-making for strategy and operations
• Financial analysis tools such as cash flow, valuation and risk analysis and their links to strategy and operations
• Key performance indicators: earnings, cash flow, free cash flow, ROS, ROCE,EBIT, EBITA, ROI, EVA, MVA

Managing for Sustainable Profitability

• Valuing businesses, investments and projects
• Using break-even scenarios to detect opportunities for profit improvement
• Determining the cost of capital
• Reducing capital intensity to increase earnings

Active Management of Value Drivers

• Taking advantage of the value chain
• Innovation as a long-term value driver
• Pricing strategies for improved returns
• Earnings growth based on new business models
• Creating value through restructuring

Working with Financial Markets and Capital  Institutions

• Overview of financial markets and their participants: banks, hedge funds, private equity and major investors
• Recent developments in financial instruments
• Selecting appropriate financial instruments in order to secure funds and optimize risks

Corporate Treasury and Cash Management

• What financial metrics and ratios don’t tell the user
• Cash: how much is too much?
• Optimizing working capital
• Instruments for managing the cash balance Risk Management
• Identifying components of risk
• Financial engineering and risk management

Mergers and Acquisitions

• Internal versus external growth strategies
• Criteria for buying and selling businesses
• Key elements of the M&A process
• Critical aspects of due diligence

Restructuring and Portfolio Evaluation

• Early detection of a restructuring situation
• Recognizing profitable and unprofitable businesses
• Closing/selling non-viable businesses
• Developing a sustainable restructuring concept
• Turnaround strategies
• Portfolio evaluation and adjustment

Analyzing Projects and Investment Opportunities

• Forecasting cash flows
• Choosing the appropriate cost of capital
• Projecting future funding requirements

Cost Management and Control

• Understanding cost drivers
• Variable cost structures as a survival strategy
• The budget cycle and steps for creating a sensible budget

Modern Capital Budgeting

• Comparing the cost of capital and required returns
• Payback, return on investment and net present value
• Managing the capital structure

Effective Management Reporting and Controlling

• Understanding and evaluating controlling reports
• Translating controlling into decision-making
• Formulating your own reporting requirements

Key Performance Indicators and Performance Scorecards

• Aligning measures of financial performance with  strategy
• Industry benchmarks Using Financial Incentives Successfully
• Why use financial incentives?
• Profit-sharing and employee shareholding
• Stock options: advantages and pitfalls
• Alternative incentive approaches

Corporate Governance and Accountability

• Requirements of a modern corporate governance  system
• What corporations can do to effectively govern  themselves
• Understanding the nuances of successful governance

For registration, please click the link below.


Registration