Introduction
Creating a financial strategy involves developing guidelines to achieve future goals. Similar to navigating a busy street blindfolded, without a strategy, even the most resourceful management can struggle to steer the business effectively. Strategy provides a framework that guides choices and actions, ensuring that the business moves in the right direction. In finance, a strategic approach helps in making decisions related to resource allocation, capital structure, growth, and financial stability.
Learning Objectives
Upon completing the Financial Strategy course, participants will:
- Understand the need for strategic financial management.
- Evaluate the financial performance of projects based on business standards.
- Make sound financial decisions in a dynamic business environment.
- Develop financial strategies aligned with long-term organizational goals.
- Make accurate financial projections and forecasts.
- Assess financial risks associated with projects.
- Balance the interests of various stakeholders and add value to the business.
Training Methodology
This course includes:
- Interactive lecture sessions
- Practical problem-solving
- Case studies
- Management games
- Presentations
- Group discussions Xcelerate Training Institute uses the ‘Do-Review-Learn-Apply’ model for effective learning.
Benefits for Your Organization
Organizations will benefit from:
- Making informed decisions about fund allocation.
- Anticipating and countering competitor moves.
- Adopting cost-effective financial policies.
- Timely forecasting of fund requirements for adequate supply.
- Aligning financial objectives with organizational goals.
- Efficiently managing working capital and financing current assets.
- Developing a robust financial recording and accounting system.
- Coordinating finance functions with other departments.
Benefits for You
Participants will gain:
- Knowledge of finance functions and strategy.
- Understanding of how finance strategy integrates with corporate strategy.
- Preparation for future challenges.
- Tools and techniques for financial projections and forecasting.
- Practical application of theoretical knowledge.
- A competitive edge with enhanced financial strategic management skills.
Target Audience
This course is suitable for:
- New entrepreneurs and start-up founders
- Finance managers
- Corporate managers
- Financial analysts and budget analysts
- Investors
- Departmental heads and executives
- Accountants
- Cost estimators and controllers
Course Outline
Introduction to Concepts of Strategy and Strategic Management
- Strategic Intent
- Strategy Formulation
- Corporate Level Strategy: Expansion Strategies, Retrenchment
- Business Level Strategy: Cost Leadership, Differentiation Strategy
- Finance Strategic Management
- Strategic Cost Management
Finance Functions
- Investment Decision: Capital Budgeting
- Financing Decision: Capital Structure, Debt-Equity Mix, Operating and Financial Leverage
- Dividend Decision
Financial Forecasting
- Forecasting Financial Statement Techniques
- Projection of Balance Sheet, Cash Flow
- Day Sales Method, Percentage of Sales Method, Simple Linear Regression Method
- Internal Growth Rate, Sustainable Growth Rate
Financial Planning
- Types of Financial Plans
- Process of Financial Planning
- Budget Preparation
Risk Evaluation and Management
- Business Risk, Financial Risk
- Elements of Risk: Systematic and Unsystematic Risk
- Profitability Analysis
- Projected Beta
- Mean-Variance Analysis: Standard Deviation and Coefficient of Variation
Working Capital Management
- Working Capital Policies: Levels of Working Capital Investment
- Profitability vs. Risk Trade-Off: Conservative, Matching, Aggressive Approach to Asset Financing
- Managing Liquidity and Financial Flexibility
- Short-Term Financing: Factoring, Bill Discounting
Business Restructuring
- Corporate Restructuring: Mergers and Acquisitions
- Financial Restructuring: Debt Restructuring, Equity Restructuring
- Re-Organization of Shares
- Buy-Back of Shares
- Trading on Equity
Business Valuation
- Shareholder Value Analysis
- Business Valuation Methods: Discounted Cash Flows, Comparable Market Multiples Method
- Economic Value-Added Approach
- Business Model Analysis