Agility in finance requires from business manager a shift of his/ her mindset, adopting tools relating to internal stakeholders. The finance department has the potential to hold the keys to boost the firm’s agility through occasional execution of critical functions and continuous execution.
This Agile Finance Transformation training course is a highly practical training course that will help you set money and financial targets which are at the heart of the business value that underpins the need for agility in the first place. This Coventry Academy training course will walk you through the agile practices – and tools – needed to enable finance teams to align with the rest of the agile transformation that are unique to finance.
This training course will feature:
Sustainable Strategy Map
Agile Balanced Scorecard
Positive Impact
Networked Organization
Shared Value
What are the goals?
By the end of this training course, participants will be able to:
Appreciate the challenges of Finance Teams in transforming the business into an agile economic unit
Analyze what it entails to be a financially agile firm
Understand different agile methodologies
Improve customer value and value streams
Efficiently communicate insights across firm’s departments
Who is this training course for?
This Coventry Academy training course will not only be of benefit to financial planning team members, but it will also provide useful insights and tools for other professionals in related fields, in particular, the course will greatly benefit:
Finance Directors and Managers
Risk Managers and Analysts
Corporate Development Leaders
Financial and Accounting Managers
Financial Analysts and Budget Analysts
Accountants and Procurement Professionals
Controllers and Internal Auditors
Anyone responsible for budgeting or planning
How will this training course be presented?
This Coventry Academy training course will utilize a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. This includes various exercises and case studies to provide practical application of the tools and techniques. A wide range of key topics will be discussed – and tips and proven techniques will be shared to enable the process to be challenged and the service optimized – so that senior management’s expectations are exceeded.
Course Outline
Day One: Introduction to Agility in Business Environment
Agile approaches to meeting new challenges
Keys to scaling agile
Governance and execution
Governance strategy
Execution strategy
Adapting agile
Day Two: Setting up Agile Accounting and Finance Department: Policies & Manual
The need for proper planning in the reporting process
Human Resource Planning
Cost Centers and Accounts
Process Mapping Chart and measurement accuracy
Manual purpose and structure
Financial authorities and duties
Day Three: How to Build an Agile Balanced Scorecard?
What is Agile and Adaptive?
Four Steps of KPI Selection
Building an Agile and Adaptive Balanced Scorecard
Setting Targets
Getting results through Agile Strategy Execution
Day Four: Driving Sustainable Value
Sustainability Strategy Map & Corporate Social Responsibility
Triple Bottom Line
Shared Value
Positive Impact
Networked Organizations
How to construct an agile Shared Measurement System?
Day Five: Digital Age Strategy Management
How to Formulate Strategies for the Digital Age
The Danger of Being Frozen in Time
From Finance-Based to Technology-Based Planning
Crafting a Vision Statement
Identifying the Value Gap
Environmental Scanning
SCOPE Situational Analysis
The certificate
Coventry Academy Certificate of Attendance will be provided to delegates who attend and complete the course