World-class Dynamic Budgeting and Forecasting
• Develop dynamic rapid and on-going cost reduction and control management
• Implement strategies and tools and techniques to encourage and enable staff to improve cost management and control
• Learn and apply balanced scorecards and relative KPI’s to monitor budgeting and forecasting performance
• Integrate cost reduction into budgets and plans within the organization
• Build more effective budgeting and forecasting at all times and not only during challenging times
• Utilize the toolbox- practical tools and templates to impact cost management performance straight away at your workplace
• Utilize an effective budgeting approach with rolling forecast for improved decision making
• Initiate effective cost management culture and reduction culture in your organization
• Master modern costing techniques for advanced budgeting
• Apply qualitative and quantitative forecasting tools and techniques to evaluate and stay ahead of potential financial risks affecting the organization
Most finance professionals in large companies are dissatisfi ed with budgets; they often believe too much time and resources are spent on this activity. Some even believe budgets may even be harmful to the organization, as managers engage more in game playing rather than maximizing shareholder returns. Many believe budgets don’t deliver all that they should and suspect there must be a better way. These thoughts and ideas have led to the development of new tools and techniques, some quite radical, even proposing the complete abandonment conventional budgets.
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.
Salvo Global’s 3-day interactive masterclass uses a mixture of exercises, discussion and real-life case studies to keep the training lively, practical and relevant. It includes some of the latest research on good practice in budgeting and cost management.
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.
For this 3-day programme, you will develop an action plan/toolbox of ideas specific to your organization and situation. You will discover straightforward templates and frameworks that can be easily cascaded down to your team which can make significant improvements to your organization within days of attending the course. The frameworks will motivate your team to look for savings and improvements. You and your team will become more efficient and effective, saving time and cost in preparing, analyzing and managing budgets. You will develop an approach for reviewing and managing costs, budgets and performance that suits your organization.
After this programme, you will be able to identify several opportunities to improve cost and budget management. The programme delivers a quick return on your investment. These benefits will be sustainable and long lasting – this training pays for itself quickly and continues paying for itself for years to come.
This course is designed for Managers, Supervisors, General Managers, Heads, Team Leaders, Vice Presidents, Directors, CFO’s and Coordinators of:
• Financial Planning
• Budgeting and Reporting
• Cost Management
• Strategic Planning
• Cash Management
The trainer is a finance training consultant – over the last 30 years, he has delivered engaging and interactive programmes for a wide range of organizations across Europe, Asia, Africa and the Middle East. He has even delivered finance training in the Buckingham Place.
After he started his career in accountancy and working in industry, the trainer became a lecturer at a UK university before moving into a career in consultancy, specializing in financial and management training and coaching. He delivers training and consults widely with major organizations internationally in Europe, Middle East and Asia. He has led training events for one person through to over one hundred. 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 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.
The trainer’s 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 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).
The trainer has helped many notable organizations achieve improved performance through training and consulting advise. These include:
- Delta Airlines
- British Energy
- Permata Bank
- Barclay Card
- Rockwell Electronics
- Barclays Bank
- Royal Mail
- Petroleum Development Oman
- Hempworth Minerals & Chemicals
- Elsevier Science
- National Grid
- Magnox Electric
- Fosroc International
- Bank Simpanan Nasional
- Talisman Energy
- Opal Engineering
- North Birmingham College
- British Telecom
- TK Maxx
- Northern Foods
- Logan Industries
Excellent, some concepts that were previously shrouded in mystery were shown to be remarkably simple."Senior manager, BP Oil
Great training course. Thank you!"Manager, British Telecom
Very useful training."Cost Manager, Barclays Bank
Mr. Wyatt has very successfully designed and delivered a number of financial management workshops for the NEC Group. He has shown himself to be extremely knowledgeable about his subject and has demonstrated flexibility and a client centered approach in responding to a number of changing requirements. He has delivered his workshops effectively to a range of managers across our 5 businesses, taking time to understand and respond to the differing requirements and issues posed by his often-varied audience."Development Manager, NEC Group
I would have no hesitation to recommend this training."Financial Director, Wipac Ltd
All information regarding the event will be listed on our event brochures. It contains all the necessary information such as the Investment Fee, Full Course Agenda, Top Learning Objectives, Trainer’s Profile, and more. You may request for an event brochure by:
a. Signing up on the Request for Brochure form located at the Event Page
b. Leaving a message to Sally via Salvo’s Support Message Box.
c. Sending an e-mail to email@example.com
You will be required to provide details such as your Name, Organisation, Corporate E-mail Address, Contact Number, and Country of Origin.
The exact hotel location will be made known to all delegates privately approximately 1 month prior to the commencement date. We do have preferential corporate rates at the event hotels. Interested parties may inquire at firstname.lastname@example.org or request for the event brochure. Delegates who have confirmed their participation with us will be contacted by our team as soon as a venue is finalised. Usually, we hold all our events in 5 star hotels based in the city centre.
Salvo typically provides a 10% discount from the original investment fee per delegate should a company send 3 or more delegates to attend the course. Specific discounts may differ for respective programs so please email email@example.com for further confirmation on the exact discount.
Aside from the group discount mentioned above, Salvo offers a special Early Bird Discount once a new event is released. However, delegates must register as soon as possible since the special rate will only be available for a limited time.
The Investment Fee will cover all the course documents and materials that will be used during the training, as well as luncheons and coffee breaks during the training program. The Investment Fee does not cover the travel and accommodation expenses of the delegates, however, we can assist you by providing details on the estimated cost for both. The Investment Fee is also exclusive of tax. Taxes are to be borne by the delegate’s organisation.
Once you receive a copy of the event brochure, complete the registration form which is located on the last page and send it back to us. Upon receipt of the completed registration form with authorization, we will proceed to block the seat(s) on our system for your organization. Thereafter, the invoice will be sent out by our Finance team for processing of payment.
Your payment can be made via Telegraphic Transfer or via Credit Cards through American Express, MasterCard, Visa or Diners. Bank charges and local withholding tax are to be borne by the registrant.
Full payment should be made within TEN (10) WORKING DAYS upon receipt of invoice.
Aside from the knowledge that our expert trainers are imparting, a Certificate of Completion will be issued to all delegates completing a minimum of 90% of the total hours of the course. Some of our events offer takeaways and free consultation after the course. It varies from programs to programs.
You will receive a pre-course questionnaire upon successful registration. Kindly state your specific concerns and issues on this questionnaire and send it back to us, as this will be consolidated and forwarded to the trainer during the formulation of the course agenda. Alternatively, you can also email us at firstname.lastname@example.org regarding your concern so we can be in touch to ensure that your concerns is addressed asap.
The registration form carries at least a 50% cancellation liability 6 weeks prior to the commencement date of the event after a signed sales resignation contract has been received by Salvo. If we are notified less than 2 weeks prior to the commencement date of the event, full cancellation fees is applicable.
With that said, we do understand that last minute changes do occur in organizations due to last minute change in schedule, job requirements etc. As such, please contact us soonest at email@example.com so we can assist in the best way forward for any changes.