Finance and Administration

Objective
To provide the knowledge and skills required to understand the critical issues involved in transferring control of an enterprise with a view towards securing the enterprise and its employees, and to develop a plan for transferring control which effectively counters the problems inherent in such a venture, while maintaining the continued success of the enterprise.

Target audience
CEOs, actual and potential business owners and leaders.

Prerequisites
None.

Topics covered

• The social and economic realities involved in succession planning
• Elements of a succession plan
• Distinctions between a strategic development plan and a succession plan
• Using an evaluation grid to identify issues involved in transferring control of an enterprise and ensuring its continued development
• Determining the needs of the enterprise
• Emotional intelligence and the transfer of control
• The global approach to formulating a succession plan

Accredited course.
12 PDU

Objective
To provide the knowledge and skills required to create effective plans for ensuring the staffing levels required by an organization, using a step-by-step approach, from the diagnosis of the organization's needs through to the identification of the strategy.

Target audience
Business leaders, managers, HR directors and HR personnel.

Prerequisites
None.

Topics covered

• What is workforce planning? Defining its role in the business.
• Overview of HR practices related to workforce planning: turnover, recruitment and employee retention
• Presentation of the GO approach; factors for success
• Structuring a project
• Required data and information systems support
• Workforce categories: an overview
• Vulnerability study: from the number of individuals to the specification of manpower
• Workforce projections: estimating recruitment and replacement needs
• The results of workforce planning: defining the major problems and priorities for a business
• Evaluating proposed strategies: recruitment planning, turnover planning, employee retention, coaching, retirement planning, and skills development

Accredited course.
12 PDU

Objective
To provide the knowledge and skills required to read and analyze financial information using pertinent ratios and to evaluate the financial health of your enterprises, in order to achieve more informed strategic decision-making.

Target audience
Corporate managers, department heads, project managers and project leaders with little financial or accounting experience.

Prerequisites
Management experience.

Topics covered

• The language of finance and accounting: terminology and conventions
• How the main financial statements are structured: balance sheet, profit-and-loss statement, retained earnings, cash flow
• Tools for analyzing the various financial statements and tools for fiscal forecasting
• Financial ratios: interpretation, return on investment, break-even point, limits and trends
• The link between financial and accounting analysis and strategic development
• Comparing corporate results with industry norms
• Analyzing the profitability or cost effectiveness of sales, share participation, share financing

Accredited course.
12 PDU

Objective
To provide the knowledge and skills required to understand best practices in budgeting processes, and to become familiar with new techniques in budgeting: Beyond Budget.

Target audience
Anyone participating in budgeting processes in an organization.

Prerequisites
None.

Topics covered

• Multiple budgeting models to improve the planning process
• Human, ethical, and legitimacy aspects of budgeting
• Why managers world-wide are dissatisfied with budgeting processes
• The Beyond Budget model, which will revolutionize planning activities and the tracking of strategy and operations
• The six pillars of the Beyond Budget model