Rapid Business Strategy Refresh (Virtual Classroom)

Introduction

This virtual workshop is part of our series on Business and Accounting Strategies in Uncertain Times.  The series is made up of two Masterclasses, 1: Reshaping Strategy and 2: Implementing Strategy.  Each Masterclass is made up of component modules. You can book a full 5 session class or chose individual modules.

• 0071v: Masterclass 1: Reshaping Strategy - 5 sessions
• 0072v: The CFO as a VITAL Business Partner - 1 session
• 0073v: Rapid Business Strategy Refresh - 2 sessions
• 0074v: Rapid KPI Development - 2 sessions
• 0075v: Masterclass 2: Implementing Strategy - 5 sessions
• 0076v: Activity Based Costing Workshop - 2 sessions
• 0077v: Zero based Budgeting and Cost Control - 2 sessions
• 0078v: Managing Change and Realising Benefits - 1 session

Are you navigating the new normal? Revising strategy and business plans? Do you keep the business on track to deliver? This 2-session workshop takes you through a practical approach to building strategy and reshaping your business model to deliver value in the post pandemic world.

The challenge for the modern CFO is to be a visionary. To do this you need to be armed with the right tools and techniques. Our workshop takes you through a practical approach to rapidly refresh strategy and pivot your business model to maximise business value.

This course comprises interactive workshops designed to give you practical approaches you and your team can implement directly in your own organisation. The workshops allow you the opportunity to try out techniques in a safe environment so that you can adapt and use them for the specific circumstances in your own organisation.

Rapid development of a business strategy and business plan

• Identifies the most important issues that the business needs to address
• Highlights the opportunities available
• Gives a clear set of priorities
• Puts a plan in place for change

At the end of this seminar you will:

• Have practical methods you can take back to your business
• Be equipped to run workshops with your business to develop business plans and to design strategic reporting
• Have learned to use a portfolio of tools and techniques to refresh your business strategy and create practical and implementable business plans.

Learning Objectives

• To understand how to work with your business team to develop and deliver business strategy and plans
• To understand your role in setting strategy, and how strategy underpins just about everything you do
• To understand the practical tools and techniques that are available to help you, and to get practical hands on experience of using them in a safe environment

Who Should Attend

• An established CFO - who finds themselves working closely with the CEO to adapt the business model for the new normal
• The first time CFO - who needs to grow into the strategic business partner role
• The future CFO - already no 2 in finance but running the back office and needs to change focus to be ready for the top job

Topics

• Day 1 – Rapid strategy development
  • Start with Why?
  • What’s happening in your market? Porters 5 forces
  • What’s the impact on your business? SWOT & PESTLE Analysis
  • Practical application. How to build a rapid strategy with your c-suite team.
  • Pivoting to a different business model 8 drivers of business value
• Day 2 – Strategy to action
  • Working out the implications of a new strategy Business model canvas
  • Reviewing the project portfolio What needs to stop? What needs to be added?
  • Putting it into action 100 day plan
  • The CFO as the leader of business change Communicating the business plan

Teaching Method

• Group live instruction and illustrative examples
• Practical workshop exercises using the tools and techniques we teach to build targets and reduce cost in a fictitious business that faces many of the issues you will encounter in the real world.
• All participants receive comprehensive electronic course notes, including presentation slides, handouts and other course materials
• This virtual training is being delivered live and online over 2 individual sessions, each of 4 hours’ duration. They will run each day from 13:00 – 17:00 London (UK)

Instructors

Venue

CPE/CPD Accreditation

IASeminars is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

 

Field of study: Accounting

Prerequisites

A solid grounding in financial management will be useful on this course.