This course introduces strategies for effective financial management, focusing on essential budgeting and forecasting techniques, establishing KPIs, and fostering financial acumen within your organisation. Gain insights into creating robust business plans, negotiating budget challenges, and implementing contingency plans to support financial stability and growth.
Our ready2manage titles focus on the specific skills required to manage operational functions. From strategic decision-making and performance optimisation to risk management and financial awareness, courses in this range target the evolving needs of aspiring to seasoned managers.
Learn about the three types of budgeting and how to negotiate changes to budget and financial plans, ensuring alignment with organisational goals. Understand the chain of command, management demands, and resource and information management crucial for implementing financial management approaches. Create a culture of financial acumen through training and development, and ensure that all team members have access to the necessary resources and information.
Topics include: Plan and Implement Financial Management Approaches: Budgeting and Forecasting - KPIs - Creating Financial Acumen within Your Organisation - Business Plans - Three Types of Budgeting - Negotiating Changes to the Budget and Financial Plan - Contingency Plans - Implement Financial Management Approaches - Chain of Command - Management Demands - Resources and Information Management - Information Needs of Industry Sectors - Access to Budgets and Financial Plans - Strategies to Support Staff in Successful Financial Management.
