Strategic Financial Management and Resource Allocation Training Course

Module 1: The Strategic Role of Financial Management

• Defining strategic financial management: Beyond traditional accounting
• The link between financial performance and strategic objectives
• The role of the finance function as a strategic partner
• Understanding key financial statements for strategic insights (Income Statement, Balance Sheet, Cash Flow Statement)
• Creating value through financial decisions
• Practical session: Analyzing the financial statements of a publicly traded company to identify strategic implications.

Module 2: Financial Analysis for Strategic Decision-Making

• Key financial ratios for strategic analysis (e.g., profitability, liquidity, solvency, efficiency)
• Trend analysis and benchmarking against competitors
• Understanding the drivers of shareholder value
• The time value of money concept and its application
• Using financial analysis to identify strategic strengths and weaknesses
• Practical session: Calculating and interpreting key financial ratios for a provided case study.

Module 3: Capital Budgeting and Investment Appraisal

• Introduction to capital budgeting: Strategic investment decisions
• Techniques for evaluating investment projects: NPV, IRR, Payback Period
• Assessing risk in capital budgeting decisions
• Incorporating strategic alignment into investment criteria
• Post-audit of capital projects
• Practical session: Performing NPV and IRR calculations for a sample investment project.

Module 4: Working Capital Management for Strategic Agility

• Understanding working capital: Current assets and current liabilities
• Managing cash strategically: Forecasting and optimization
• Optimizing accounts receivable and accounts payable
• Inventory management strategies for efficiency and responsiveness
• The impact of working capital on liquidity and profitability
• Practical session: Analyzing a company’s working capital position and identifying areas for improvement.

Module 5: Strategic Cost Management and Value Creation

• Moving beyond cost reduction to strategic cost management
• Activity-Based Costing (ABC) for better cost understanding
• Value chain analysis for identifying cost drivers and value opportunities
• Cost-benefit analysis for strategic initiatives
• Aligning cost structures with competitive strategy
• Practical session: Applying a basic cost-benefit analysis to a strategic project.

Module 6: Funding Growth: Sources of Capital and Capital Structure

• Overview of internal and external sources of capital (e.g., equity, debt, retained earnings)
• Understanding the cost of capital and Weighted Average Cost of Capital (WACC)
• Optimizing capital structure for strategic growth and risk management
• Accessing capital markets for strategic funding
• The role of financial leverage
• Practical session: Calculating WACC for a given company scenario.

Module 7: Strategic Resource Allocation Methodologies

• Linking resource allocation to strategic priorities
• Different approaches to budgeting: Traditional, Zero-Based, Activity-Based, Strategic Budgeting
• Portfolio management for strategic investments (e.g., BCG Matrix, GE-McKinsey Matrix for resource allocation)
• Prioritizing initiatives based on strategic impact and financial return
• Overcoming challenges in resource allocation
• Practical session: Allocating a hypothetical budget across competing strategic initiatives based on given criteria.

Module 8: Financial Forecasting and Strategic Planning

• The importance of accurate financial forecasting in strategic planning
• Techniques for sales, revenue, and expense forecasting
• Developing pro forma financial statements
• Scenario analysis in financial forecasting
• Using forecasts to test strategic assumptions and implications
• Practical session: Building a simple pro forma income statement based on strategic assumptions.

Module 9: Managing Financial Risk in Strategic Contexts

• Identifying key financial risks (e.g., currency, interest rate, credit, liquidity risk)
• Understanding different types of financial instruments for risk management
• Hedging strategies for mitigating financial risks
• The role of financial risk management in overall strategic risk management
• Developing a financial risk appetite and policy
• Practical session: Discussing strategies to mitigate a specific financial risk identified in a strategic context.

Module 10: Financial Leadership for Sustainable Value

• The mindset of a strategic financial leader
• Communicating financial performance and strategic value to stakeholders
• Building a financially savvy organization
• Ethical considerations in financial decision-making
• Driving long-term shareholder and stakeholder value creation
• Practical session: Discussing the characteristics of effective financial leadership and developing personal leadership actions.

Requirements:

·       Participants should be reasonably proficient in English.

·       Applicants must live up to Armstrong Global Institute admission criteria.

Terms and Conditions

1. Discounts: Organizations sponsoring Four Participants will have the 5th attend Free

2. What is catered for by the Course Fees: Fees cater for all requirements for the training – Learning materials, Lunches, Teas, Snacks and Certification. All participants will additionally cater for their travel and accommodation expenses, visa application, insurance, and other personal expenses.

3. Certificate Awarded: Participants are awarded Certificates of Participation at the end of the training.

4. The program content shown here is for guidance purposes only. Our continuous course improvement process may lead to changes in topics and course structure.

5. Approval of Course: Our Programs are NITA Approved. Participating organizations can therefore claim reimbursement on fees paid in accordance with NITA Rules.

Booking for Training

Simply send an email to the Training Officer on training@armstrongglobalinstitute.com and we will send you a registration form. We advise you to book early to avoid missing a seat to this training.

Or call us on +254720272325 / +254725012095 / +254724452588

Payment Options

We provide 3 payment options, choose one for your convenience, and kindly make payments at least 5 days before the Training start date to reserve your seat:

1. Groups of 5 People and Above – Cheque Payments to: Armstrong Global Training & Development Center Limited should be paid in advance, 5 days to the training.

2. Invoice: We can send a bill directly to you or your company.

3. Deposit directly into Bank Account (Account details provided upon request)

Cancellation Policy

1. Payment for all courses includes a registration fee, which is non-refundable, and equals 15% of the total sum of the course fee.

2. Participants may cancel attendance 14 days or more prior to the training commencement date.

3. No refunds will be made 14 days or less before the training commencement date. However, participants who are unable to attend may opt to attend a similar training course at a later date or send a substitute participant provided the participation criteria have been met.

Tailor Made Courses

This training course can also be customized for your institution upon request for a minimum of 5 participants. You can have it conducted at our Training Centre or at a convenient location. For further inquiries, please contact us on Tel: +254720272325 / +254725012095 / +254724452588 or Email training@armstrongglobalinstitute.com

Accommodation and Airport Transfer

Accommodation and Airport Transfer is arranged upon request and at extra cost. For reservations contact the Training Officer on Email: training@armstrongglobalinstitute.com or on Tel: +254720272325 / +254725012095 / +254724452588