Training Course in Budgeting, Forecasting, and Strategic Planning for Business Growth

Program Overview
To improve organizational success, this training program examines sophisticated financial management and strategic planning techniques. Participants will gain knowledge on how to optimize capital structures, match financial strategies with corporate goals, and use efficient risk and cost management measures. It gives them the ability to anticipate, budget, and evaluate projects strategically to promote performance improvement.

Program Objectives
By the end of this course, participants will be able to:

• Improve their strategic thinking skills and integrate the organization's management and budgeting processes.
• Apply forecasting approaches tailored to their organization's strategic planning and budgeting.
• Utilize financial management principles such as shareholder wealth maximization, cash flow, time value of money, and risk assessment.
• Identify effective costing approaches for financial planning, budgeting, and control.
• Develop operating, capital, and cash flow budgets and forecasts aligned with organizational strategic objectives using best practices.

Course Outline
The course is structured into five core modules, providing a thorough understanding of each critical aspect of budgeting, forecasting, and planning:

Module 1: Fundamentals of Budgeting

• Introduction to budgeting principles.
• Types of budgets: Operational, capital, and cash flow.
• Tools for building and managing a budget.

Module 2: Forecasting Techniques for Business

• Overview of financial forecasting models.
• Quantitative vs. qualitative forecasting methods.
• Developing realistic financial projections.

Module 3: Linking Forecasts to the Planning Process

• Aligning forecasts with business goals and strategies.
• Scenario planning and risk management.
• Continuous adjustment of forecasts.

Module 4: Strategic Planning for Business Growth

• Crafting a long-term strategic plan.
• Integrating financial planning into organizational strategy.
• Evaluating performance and adjusting strategic direction.

Module 5: Implementing and Monitoring Your Financial Plans

• Best practices for implementing budgets and forecasts.
• Monitoring results and making adjustments.
• Tools and software for managing the financial planning process.

Target Group

• Line Managers.
• Project Managers.
• Professional Advisers.
• Financial Managers.
• Financial Analysts.
• Strategic Planning Managers.  

Program Cost
The course is available in two formats:

• 5-day training: €3700
• 10-day intensive program: €6500

This program is offered on different dates based on demand. Please contact us to schedule a session that fits your organization's needs.

Organizers
The Geneva Institute of Business Management organizes this training course in partnership with leading financial and management institutions across Europe.