Who Should Attend? This program is designed for current and aspiring senior finance managers (including CFOs, finance directors, controllers, and strategic/business planners) who want to become critical players in the successful growth of their companies. These managers understand the benefits both personally and professionally of sharpening individual finance and leadership skills to help transform the finance function into an active partner in the company’s overall success.
Course Overview Today’s finance managers are increasingly expected to play a key role in moving the company forward. This calls for a deeper understanding of strategy and increased leadership skills to transform finance beyond the basic accounting routines, into a true strategic partner. The finance manager also has to make sure his or her team is aboard on this journey.This interactive two-day course is designed to communicate simple but powerful lessons that will enable you to more fully engage in strategic discussions, facilitate critical decision-making, and take a stronger leadership role in high-performing organizations. We will use a broad range of “hands-on” learning techniques including finance leadership theories and practice, individual exercises, group work, and case studies.
Key Benefits from Attending this Corporate Finance Masterclass: · EXPAND your leadership skills and increase your capacity to think more strategically about the future of the business. · UNDERSTAND the objectives of corporate finance, and how to transform the role of finance for greater strategic responsibilities and increased leadership across the organization. · LEARN to effectively link strategic plans into action plans. · DELEVOP the skills to enhance company performance from making better, more profitable business decisions. · GAIN a deeper insight on the key factors behind successful business models, and the confidence and credibility to execute at both a strategic and operational level. DAY 1 1. Finance Transformation: The Changing Role of the Finance Leader Finance transformations can take many forms, varying from company to company, but all successful programs have one common goal: bringing leadership skills to support the organization’s strategic direction. · Fundamentals of corporate finance: What’s the end game? · What does it mean to “create value”? For whom? · Changing role of finance in today’s organization · The Leadership vs. Management debate. Where does finance come in? · Agency theory and what it means for finance managers 2. Planning Budgeting & Forecasting Budgeting and planning is an integral part of every modern corporation. However, there is widespread dissatisfaction with the traditional budget process. We aim to address that challenge. · Objectives of Budget & Corporate Planning: Why prepare a budget? · The budget as enabler of corporate strategy · A critical look at traditional budget process · “Beyond budgeting” A fresh approach to budgeting & corporate planning 3. Investment Decisions Under Risk & Uncertainty Risk and uncertainty are integral parts of every human endeavor, including business. This session focuses on the methodologies and tools to support investment decisions. · Defining risk & return – an overview of Risk management · Return on investment & hurdle rates · Cost of capital: From theory to practice Case study: The challenges of determining the cost of capital in Turkey. DAY 2 4. Strategic Analysis & Business Model Understanding strategic analysis and business models helps mangers better analyze their competitive environment, define their position, and develop sustainable competitive and corporate advantages. · The concept of strategy · Developing a strategic mindset · What is a business model? · Understanding the fundamentals of successful business models · Is “Strategic Leadership” and “Finance” a paradox? Case Study: What’s special about Facebook’s business model? 5. Connecting Strategy with Action: Value Based Management Value-based management (VBM) aims to provide clear and precise metrics fully aligned with the ultimate strategic goal of creating value. · VBM – Overview · Economic Profit and Value · Identifying business “Drivers” · Strategic Mapping & Balanced Scorecard Class exercise: Designing a Balanced Scorecard 6. New Thinking in Finance: Behavioural Finance Behavioural finance is a new and exciting area that combines the psychology of human behaviour with the traditional theories of finance and economics. · Key concepts; why and how we repeatedly make unwise financial decisions? · Why smart executives fail · Key learnings and how to improve business decision-making
PROGRAM PRICE : 1190 USD +VAT IFE istanbul Institute of Finance® T +90 212 322 0444 / +90 850 302 0433 M+90 532 238 1730 E mail :i...@ife.com.tr www.istanbulinstituteoffinance.com | 
