Understanding Finance to Influence Strategic Decisions

Introduction:

It is essential to fully understand how finance influences strategic decision-making because it provides the foundation for an organization’s economic survival, development, growth and future prosperity.

Are you familiar with the core principles of finance and their links with strategic decisions, and financial planning?

Are you able to use the financial tools, techniques and know-how that influence strategic decision-making and apply them practically in real-life business situations?

This exciting and user-friendly training course deals with, for example, how to avoid unachievable strategic plans and budgets, non-value-adding project investments, high costs of capital, high exposures to financial risk. It illustrates and reinforces the use of the essential financial tools and techniques and will enable non-financial and financial professionals at every level to make better-informed decisions to improve financial performance and increase corporate value and shareholder value.

Course Objectives:

By the end of the course, participants will be able to:

• Think strategically and use the strategic management process and its links to KPI systems as a basis for improved decision-making to maximize shareholder wealth
• Analyze and interpret the income statement, balance sheet, and statement of cash flows, and use appropriate costing and measurement systems for more effective planning and budgeting, management of working capital and cash flow, and improved financial performance
• Identify the alternative sources of long-term finance, and evaluate the models of optimum capital structure and minimization of WACC
• Apply the technique of DCF for evaluation of capital project investments, and capital budgeting
• Use the techniques of uncertainty and risk analysis and develop appropriate risk management tools, and insurance and hedging of interest rates and foreign currency exchange rates