Advanced Financial Skills

Description

Is your finance department seen as a cost-center? Are you under-utilized and under-appreciated? You can change that paradigm. You can transform into a value-added, highly sought-after partner in your organization. The traditional cost center is focused on the past, preparing historical financial statement and budget to-actual analysis. The value-adding finance department is focused on the future, helping to guide strategy, protect against risk, implementing change effectively, and becoming a trusted organizational adviser.

Highlights

Skills for the 21st century finance department Strategic planning using the Backcasting method The Balanced Scorecard Method for aligning goals and objectives to strategy Risk identification, assessment, and mitigation How to use social styles to build stronger relationships Methods for effectively implementing change and minimizing the human pushback Preparing a financial analysis that is insightful to the users, driving improvements to the organization Hiring, managing, and retaining high-achieving employees

Objectives

Identify the critical skills that today's finance professionals need to add value to their team, other departments, and the company. Apply the Backcasting method of strategic planning to help plan your organization's desired future. Determine how to apply the Balanced Scorecard to your organization's strategy to track progress towards and achieve success faster. Formulate a risk assessment to protect your organization's success and minimize the chances of failure. Recall different social styles for engagement, impact, and influence. Determine how to plan for, implement and manage change. Choose techniques to motivate and elevate your team. Use an insightful financial analysis to maintain what is working and make organizational improvements.

Designed For

Finance professionals who want to develop the skills to transform the perception and elevate the impact of the finance department on the organization