Financial Management Response to the Pandemic – Now, During and After
With the coronavirus pandemic front and center on everyone’s mind these days, companies are having to walk a fine line between taking care to communicate necessary and important information while also securing financial security. How to go about doing that effectively begins and ends with a robust financial management plan.
This programme introduces some of these ideas but also develops them so that delegates can identify some practical new approaches which they can realistically take back into their own businesses.
The programme also reviews emerging ideas and breakthroughs on managing and reducing costs without causing long-term damage to the business. It covers approaches to help organizations effectively delegate budgets and cost management responsibility to managers while still delivering long term corporate strategy and customer value.
Throughout the program delegates will be encouraged to build an action plan, listing the positive action they are going to do when they get back to their business to make budgeting and cost management better.
Top Learning Objectives
- Respond to the financial challenges of the pandemic
- Develop dynamic rapid and on-going cost reduction and control management
- Develop agile responses to a rapidly changing situation
- Implement strategies and tools and techniques to Conserve cash
- Leave the business as fit as possible to weather the pandemic and respond to a changed world afterward
- Secure the future cashflow and profitability of the business
- Build more effective budgeting and forecasting at all times and not only during challenging times
Who Should Attend?
This course is designed for CEO’s, Managers, Supervisors, General Managers, Heads, Team Leaders, Vice Presidents, Directors, CFO’s and Coordinators of:
- Budgeting and Reporting
- Financial Planning
- Cost Management
- Strategic Planning
- Cash Management
The trainer is a finance training consultant – over the last 25 years he has delivered engaging interactive programmes for a wide range of organizations across Europe, Asia, Africa and the Middle East. He has even delivered finance training in Buckingham Place.
Since 1992 he has been the Managing Consultant of Magenta Financial Training, specializing in financial training and coaching.
He holds an honors degree from the University of Bradford Business School and is a qualified management accountant; he is an associate member of the Chartered Institute of Management Accountants (ACMA).
After he started his career in accountancy and working in industry, he become a lecturer at a UK university before moving into a career in consultancy, specializing in financial and management training and coaching. He personally has delivered in-house training to hundreds of different organization across a vast range of industries. He has lead training events for one person through to over one hundred. He is the author of “The Financial Times Essential Guide to Budgeting and Forecasting” (published July 2012).
His training style is involving and participative using case studies to reinforce learning. He makes the programmes interesting and practical and makes sure delegates are able to put into practice what they have learned on their programme.
He delivers training and consults widely with major organizations internationally in Europe, Middle East and Asia.
He has also worked as a specialist consultant to all of the major UK professional accountancy bodies and a number of leading universities in both the UK and China.
He has worked with hundreds of major “Blue Chip” organisations and trained thousands of managers at every level. He also provides confidential coaching to directors and senior executives on a one-to-one basis. He has delivered training programmes in a number of unusual locations nuclear power stations, factories, police stations and even Buckingham Palace.