4 Day Profit Management Programme
In a Profit Management Programme we aim to introduce many of the profit improvement techniques and review their applicability in your organisation.
Day 1 |
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Introduction |
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- Trends and developments |
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- The key to profitability |
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- Improving long-term value |
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Activity-based Costing |
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The best foundation for cost management |
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- What it is and how it is used |
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- Identifying activities at different levels |
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- Calculating activity costs |
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Managing Overheads |
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Overheads are a constant headache…… |
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- Assessing value |
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- Classifying activities |
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- Optimising cost focus |
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- Cost reduction exercises |
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Day 2 |
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Process Improvement |
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Efficiency vs effectiveness |
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- Defining objectives |
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- The scope of change |
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- Evaluating existing processes |
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- Effecting changes |
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Cost Allocation |
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When is cost allocation beneficial? |
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- Establishing aims |
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- Deciding the appropriate approach |
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Funding Cost |
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- Relating sources of funds to uses |
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Product & Customer Profitability |
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Which products and customers make money? |
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- Linking cost to income |
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- Determining profitability |
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- Using the information | |
Day 3 |
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Strategic Cost Management |
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Change as the only constant…. |
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- The value chain |
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- Mergers and acquisitions |
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- Shareholder value |
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Performance Measurement |
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What gets measured gets done….. |
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- Selecting appropriate targets |
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- Improvement through motivation |
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- The "balanced scorecard" approach |
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Budgeting |
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Budgets take time… do yours help your business? |
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- Methods of budgeting |
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- Creating an effective management tool
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Day 4 |
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Implementation Issues |
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Theory is not enough… it has to work in practice |
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- Information project planning and management |
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- Obtaining adequate support and resource |
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- Overcoming obstacles |
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- The importance of communication |
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Course Review & Summary |
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See also
Project Management Programme
Good project management and strong sponsorship are vital if a project is to succeed.
Change Management Programme
Change is a constant and managing change effectively is crucial to staying competitive.
Cost & Activity Mgmt Programme
When most managers think about managing the resources within a financial institution, they tend to think about capital and assets, yet staff costs are usually around 60% of the non-interest costs.
Strategic Planning Workshops
Our workshops can help you to clarify the current position of the company based on a combination of understanding the environment, analysing the internal competencies, and developing a SWOT.
Profit Improvement Programme
In a profit improvement training programme we aim to introduce many of the profit improvement techniques and review their applicability in your organisation.
Management Reporting Programme
Information can be a competitive asset to the organisation … but only if it is used effectively