Technical & Functional
Technical & Functional
Technical and strategic skills enhances managers’ capabilities and contributions to the organisation. If you wish to understand financial reports quickly, you need our Business Finance program. The Forecasting program is for business professionals such as those in sales and marketing. Let our Budgeting program help you to plan for the immediate future. The Scenario Planning program will help you see farther – ideal for every long term strategist and senior manager.
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Business Finance
The objective of business is to earn more cash than its expenses and investments. The conventional analysis of finance is retrospective, and covers only the balance sheet, income statement, and financial ratios. However, the thrust of the Business Finance program is to understand cash as the core business resource. This perspective is imperative for profit center heads and other business managers to enable them to discharge their responsibilities.
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Forecasting
A view of the future is the source of all decisions, especially those leading to investments. Forecasting is a rare skill that separates smart strategists from functional managers. Our program includes inputs from economics, technology, and other environmental indicators. It is a vital element of visionary leadership, and has implications for organisational Vision and Mission, budgeting and long term planning.
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Scenario Planning
Scenario Planning is a sophisticated extension of ‘what if’ views of the future. Its most popular use is in development of flexible plans. A skilled planner could also use it as a risk management tool. Or he could build a disaster assessment and response system. This program builds awareness for potential threats, and is therefore, best received by strategic managers.
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Budgeting
A Budget is a statement of expected cash flows, and is a major element of any planning exercise. It could be used for a product or product category, a niche market or market territory, project or program, or a period like day or year. The Budgeting process is an imperative for cost and profit centers, government departments, and private enterprises. This is a vital competency for managers in business leadership roles.