Business Continuity Planning & Management Course

Training on business continuity planning and management is designed to develop and implement a powerful Business Continuity Management Plan. Created with the diligent manager in mind, the training provides practical tools, systems, and reports.

Who should attend?

This business continuity planning course is designed primarily for Board members, senior managers and department heads. It emphasizes the need for awareness training for all employees and can be tailored for such a ‘roll-out

Objectives

• Implement advanced planning and control techniques into your budgeting process
• Integrate the budgeting process with the development of the company’s long-term strategic vision
• Successfully build an integrated planning, budgeting and reporting process
• Apply management tools to the budgeting process that contribute to strategic goals
• Identify key performance indicators for effective and focused decision making
• Increase profitability and performance through stream lined planning and reporting
• The planning process and how to improve it
• The compilation of budgets – who needs to be involved and why;
• How to identify potential problems arising and suggests actions which can be taken
• Ways of improving financial control using effective management reporting
  

Course Content for Business Continuity Planning and Management

Module 1: Planning for Success

• What are planning strategies?
• Strategy analysis, choice & implementation
• Introducing the Strategy maps
• Corporate value and shareholder value
• The agency problem and corporate governance
• Planning requirements and working capital

Module 2: The Forecasting Process

• Determine the purpose and objective of the forecast
• Statistical analytical tools
• Quantitative analysis and forecasting
• Forecasting techniques
• Causal analysis models – regression analysis
• Using Excel ® to analyse historical data

Module 3: Budgets, Costs and Budgetary Control

• purposes of budgeting
• Planning and control
• Putting the budget together
• Cost behaviour and classification
• Cost / volume /profit (CVP) and ‘what-if’ analysis
• Standard costing
• Flexed budgets
• Variance analysis and the reasons for variances

Module 4: Activity Based Costing (ABC) And Activity Based Budgeting (ABB)

• Activity based costing (ABC)
• Refinement of the costing system
• ABC and cost management
• Design of ABC systems
• The cost hierarchy and cost drivers
• Advantages and disadvantages of ABC systems
• From traditional budgeting to activity based budgeting (ABB)
• The ABB process
• Motivation and the behavioural aspect of budgeting

Module 5: Measuring corporate performance: requirements of a successful performance measurement system

• Broadening performance measurement systems
• The Drive toward Shareholder Value (EVA®)
• Beyond budgeting: integrating financial and non-financial issues
• Introducing the Balanced Scorecard and the key perspective