Corporate Financial Planning

Most managers need to make an input into initially setting and controlling of their budgets. To achieve this, managers need to fully appreciate the corporate planning process in developing a budget. It is essential to understand how the budget is structured and where the ‘levers’ are in ensuring an organization remains on track.

Managers who are comfortable and competent in understanding and managing the financial aspects of their day-to-day business benefit from improved business skills and performance, internal respect from colleagues and senior management, enhanced external relations, better cash flow management.

Elevate Your Financial Acumen - Transform Your Business!

• In the volatile and complex world of business, mastering corporate financial planning is not just a valuable skill—it's a critical survival tool. Consider these compelling statistics and insights:
• Failure Due to Poor Financial Planning: A staggering 80% of businesses that fail attribute their downfall to poor financial management, according to a U.S. Bank study. This stark statistic highlights the pivotal role of financial planning in business success.
• Growth Through Financial Strategy: Companies that prioritize financial planning report a 30% greater growth rate compared to their counterparts, as per a Harvard Business Review analysis. This emphasizes that adept financial planning is a key driver of business expansion and development.
• Risk Mitigation: An effective financial plan reduces business risks significantly. Research by Forbes indicates that companies with robust financial planning are 40% more successful in navigating market uncertainties and economic downturns.
• Investor Confidence: A survey by Ernst & Young reveals that 70% of investors place a high value on the quality of a company's financial planning and strategy when making investment decisions. This underscores the importance of financial planning in attracting and retaining investors.
• Adaptability in a Dynamic Market: With 65% of businesses acknowledging the rapid change in economic conditions and market dynamics, as per a Bloomberg report, the ability to adapt financial strategies promptly is crucial for survival and growth.
• Regulatory Compliance and Reporting: In an environment where 55% of businesses struggle with regulatory compliance (according to a Deloitte study), proficient financial planning ensures adherence to financial regulations and standards, avoiding costly legal issues.
• Long-term Sustainability: Companies with a long-term financial strategy have a 50% higher likelihood of sustainability over a decade, compared to those without, as per a McKinsey report.

A staggering 80% of businesses that fail cite poor financial management as the key reason. This training equips you with the knowledge to navigate complex financial terrains, ensuring your organization not only survives but thrives. Invest in your professional future. Join our Corporate Financial Planning Training and steer your organization towards unparalleled success.

Learning Objectives:

• Understanding the basic principles and methodology of corporate planning and interpreting key financial information
• Communicating and presenting your financial position and budgets more credibly to your colleagues and board
• Differentiating turnover, profit and cash and understanding the methodologies and language of the finance function
• Evaluating projects from a financial perspective and developing investment scorecard for tracking and document the lesson learnt
• Recognise the importance of developing a three year financial plan before creating a financial budget
• Continuously monitoring progress towards objectives by using financial road map and balanced scorecard