Aligning Budgeting with Strategy: A Proactive Management Development Program

13-10-2019 - 17-10-2019 3300 Dubai

 

Course Introduction:

 

This unique management training course addresses these three interlinked business challenges in a course designed for managers who seek improvement in the management of both their organization’s business strategy and budgeting, and who recognize the business benefits that can be achieved from such an approach. Modern techniques such as Value Based Budgeting, Asset Based budgeting and KPI budgeting will be explored. At the end of the course you will be able to decide on which techniques will be the most beneficial for your specific organization and you will also have the practical knowledge to implement those immediately!

 

Course Objectives:

 

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

·         Use management tools and techniques to support strategic management

·         Incorporate budgeting into your organization’s overall planning process by applying modern budgeting techniques

·         Understand how budget monitoring can fit in with business performance measurement

 

Who Should Attend?

 

This course is designed for managers who seek improvement in the management of their organization’s business strategy and budgeting and who recognize the business benefits that can be achieved by such an approach

 

Course Outline:

 

·         Strategic management

·         Budgeting and its alignment to strategy

·         Modern budgetary applications

·         Value Based Budgeting (VBB)

·         Zero Based Budgeting (ZBB)

·         Activity Based Management (ABM)

·         Activity Based Budgeting (ABB)

·         Rolling budgeting/forecasting

·         Beyond budgeting

 

Course Methodology:

 

A variety of methodologies will be used during the course that includes:

·         (30%) Based on Case Studies

·         (30%) Techniques 

·         (30%) Role Play

·         (10%) Concepts

·         Pre-test and Post-test

·         Variety of Learning Methods

·         Lectures

·         Case Studies and Self Questionaires

·         Group Work

·         Discussion

·         Presentation

 

Course Fees:

 

This rate includes participant’s manual, Hand-Outs, buffet lunch, coffee/tea on arrival, morning & afternoon of each day.

 

Course Timings:

 

Daily Course Timings:

    08:00 - 08:20       Morning Coffee / Tea

    08:20 - 10:00       First Session

    10:00 - 10:20       Coffee / Tea / Snacks

    10:20 - 12:20       Second Session

    12:20 - 13:30       Lunch Break & Prayer Break

    13:30 - 15:00       Last Session

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