$487.87

Rerun - Complete Budgeting Seminar

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Villa Rosa Kempinski

Nairobi, Nairobi County

Kenya

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Description

Seminar Title: Budget Formulation, Implementation, Management & Control – October 5th & 6th, 2017

Target Group: All involved in Planning & Budgeting- HODS, Managers, Boards, CEOs, Business
owners

Venue: Villa Rosa Kempinski, NBO

Fees: Kshs.47, 500/= Excl. VAT



Preamble
Annual Budgets that are closely linked with the Organization Strategy help management to implement
and actualize Strategy. While Budgets and Business Planning help organizations manage short term and
annual operations, conscious linkage with strategy is all part of governance; - saying what we are going to
do and then executing!

Budgets should be built to support the strategy and hence the need for the two to be directly linked.
Hammond Tutu & Gunther Ltd will conduct a 2 day complete budgeting seminar on October 5th & 6th, 2017 at Villa Rosa Kempinski, Nairobi. This 2 day Seminar will discuss the role of Planning and Budgeting in Strategy Implementation process.

The Seminar will give participants an appreciation of Budgeting process as a Strategy Implementation
process. The seminar discusses best practice in Budgeting Process to ensure that organisation Strategy
is embedded in the Budgets. Participants will get tips on best practice in Budget implementation, tips on
using Budgets as control tool and best practice in putting in place intervention measures.

This course is designed to combine proven-by-practice methods with new insights and ideas from a wide
range of current strategic thinking. Gain a wider perspective of the strategic planning and budgeting
process through breakout sessions, exercises, and case applications. Bring your strategic dilemmas to
this program and get direction on analytical and organizational approaches.



How You Will Benefit

  • Identify strategic planning and budgeting issues in order to develop a unique competitive
  • advantage
  • Learn key analytical and conceptual approaches to expand your understanding of the
  • marketplace
  • Align your organization with your strategic planning and budget goals by integrating strategy,
  • objectives, metrics, and performance
  • Identify evolving strategic patterns and generate ideas on how they can be applied to your
  • organization
  • Incorporate customer needs into your strategic planning and budgeting process
  • Use a case study to examine the strategic planning and budgeting process
  • Recognize how the actions of customers, competitors, and your own company determine the
  • outcomes in your markets
  • Determine the best approach to effectively implement your strategic plan and budget


Who Should Participate
This is an important Seminar for all personnel involved in Planning, Budgeting and Strategy- HODs,
Managers, Planning Accountants, Boards, CEOs and Business owners.



Course Outline
Strategic Planning and Budgeting Principles
 Determining a frame of reference for strategic planning and budgeting concepts
 Schools of thought in strategic planning and budgeting
 The evolution of strategy

An Overview of the Strategic Planning Process
 Basic elements of strategic planning
 Developing and managing the strategy formation process

Understanding Your Organization’s Mission
 Your organization’s core values
 Creating an inspiring mission statement for your own organization

Assessing the External Environment
 Identifying macro and micro factors
 Responding to changes in the environment
 The I/P (Importance/Performance) matrix as a competitive tool

Understanding Your Internal Environment
 How to become a high-performing organization
 Financial elements of developing strategy

Formulating Your Strategic Planning
 Data synthesis
 SWOT analysis

Competitive Strategic Planning
 Defining your competitive advantage
 The product/industry/life-cycle curve
 Understanding mega patterns

Ensuring Strategic Alignment
 Creating organizational accountability
 How to translate the grand design into well-executed strategic planning

Strategic Planning Execution
 Key building blocks
 Learning the three core processes
 Understanding resource allocation and strategy formation

A Strategic Planning Process
 Determining the best processes for your business



How To Enroll

Limited slots available. RSVP to the coordinator at emmanuel@gunthergibson.com or call 0708-588616


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Villa Rosa Kempinski

Nairobi, Nairobi County

Kenya

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