A Highly Interactive Training Course On

Strategic Planning, Management Control & Effective Budgeting

Bolstering & Sustaining Organisational Excellence

Strategic Planning, Management Control & Effective Budgeting
Course Schedule

CLASSROOM

14-25 Apr 2025
London
$11,900
14-25 Jul 2025
Dubai
$11,900
08-19 Sep 2025
London
$11,900
01-12 Dec 2025
Kuala Lumpur
$11,900
02-13 Feb 2026
Houston
$13,900
Certificate
  • Coventry Academy Certificate of Attendance will be provided to delegates who attend and complete the course

Training Overview

Training Overview

Developing strategies, conducting risk analysis, negotiating, budgeting, and cost control are indispensable skills for managers committed to achieving top performance and making significant contributions to their organizations. In today's highly uncertain and turbulent business environment, senior and middle managers face immense pressure to balance long-term strategic thinking with short-term action. The ability to be agile and adapt to frequent changes is highly valued. The Coventry Academy's 10-day training course provides a structured and cohesive framework for professionals to tackle both daily challenges and long-term responsibilities effectively. Participants learn essential skills that empower them to navigate the complexities of modern business environments with confidence and competence.

What are the goals?

This 10-day Coventry Academy training course offers delegates opportunities to gain skills in strategy development and implementation, together with risk assessment. To understand finance, in particular budgeting and cost control and how performance measurement enables organisations to track the viability of their strategies.

Packed with many practical exercises and a safe environment in which to practice new skills, delegates will:

  • Gain an Understanding of Strategy and Strategic Thinking
  • Learn About Risk Management and Mitigation
  • Practice Negotiating and Learn Top Tips for Effective Negotiations
  • Develop Skills in Budgeting and Cost Control
  • Understand How Financial Measurement Supports Strategic Success

Who is this Training Course for?

This 10-day Coventry Academy training course is suitable for a wide range of professionals who wish to develop their strategic leadership capabilities and gain a greater grasp of budgeting and cost control. For example:

  • Current and Potential Managers, and Business Leaders at All Levels
  • Those Responsible for Developing and Leading Strategic Changes
  • Procurement and Client Service Managers Responsible for Negotiation Strategies
  • Functional Team Leaders in the Governmental or Private Sector
  • Staff Members Responsible for Budgeting and Financial Controls
  • Non-Finance Managers with Financial Responsibilities

The Course Content

Module 1: Strategy, Risks, Negotiation & Leadership
Day One: Strategy
  • Introduction to strategy - background, historical developments, major theories
  • Strategic Management – a practical approach for every leader
  • A consistent methodology for strategy development
  • The relationships between vision, mission and strategy
  • The steps involved in developing a strategy
Day Two: Risks
  • The meaning and nature of risk
  • Identifying the risks in a given strategy
  • Prioritizing risks
  • Contingency planning
  • Risk mitigation strategies
Day Three: Negotiation
  • The everyday role and attitude of ‘Win-Win’ negotiating
  • Power - gaining a superior position
  • Strategy and Tactics in negotiating
  • Understanding your opponents negotiating style and tactics
  • Negotiating Countermeasures
Day Four: Leadership
  • The strategic role and nature of effective leadership
  • Charisma and how to earn it and use it effectively
  • The role of the modern leader and how leadership has changed
  • Innovative Leadership skills
  • Maximizing the performance of each team member
  • Motivating the 'Average' employee
Day Five: Strategic Leadership Workshop
  • Intrapersonal style and skills
  • Interpersonal and leadership communication skills
  • Leadership and The Challenge of Change
  • Strategic leadership for team development
  • Developing a personal action plan for further self-development
Module 2: Effective Budgeting & Operational Cost Control
Day Six: Introduction: Building a Common Financial Language
  • The key role of budgeting and cost control in contemporary organizations
  • The 21st century business imperative: delivering value added (but to whom?)
  • Financial vs. Managerial accounting (for decision making)
  • Understand your processes: integrating financial and non-financial aspects
  • The budgeting process
  • Examples & Discussion
Day Seven: The Budgeting Process
  • The key features of budgeting
  • Advantages and concerns with budgeting
  • Accountability and centers of responsibility
  • Zero-based budgeting
  • Budgeting and cost control
  • Examples & Discussion
Day Eight: Cost Analysis
  • Different costs for different purposes
  • Fixed vs. Variable costs
  • The Cost-Volume-Profit analysis model
  • Contribution Margin analysis
  • Examples & Discussion
Day Nine: Traditional vs. Advanced Techniques in Cost-Control
  • Under-costing and over-costing: the consequences for profitability
  • Indirect (OH) vs. Direct costs
  • Traditional Cost Allocations systems vs. Activity-Based Costing (ABC)
  • Linking resources, activities and management
  • Variance analysis
  • Video, Case Study and Examples
Day Ten: Beyond the Budgets: Balanced scorecards and Six-sigma
  • Broadening performance measurement systems
  • Beyond budgeting: Integrating financial and non-financial issues
  • Introducing the Balanced Scorecard
  • Introducing the Strategy maps
  • Introducing Six-sigma
  • Video, Case Study and examples