Managing Financial Crisis & Supporting Decision Making

Course Introduction

This Oxford Management Centre Managing Financial Crisis & Supporting Decision Making training course will equip you with the vital skills to help ensure the survival of your organisation during any crisis and pandemic that has dramatically disrupted domestic consumer and labour markets and has destabilised establish global trading arrangements and supply chains. This innovative new leading edge training course will highlight the critical areas where responsive and relevant decision-making support is needed during this extremely challenging crisis to maintain the organisation’s profitability as well as manage and optimise its cash flow and liquidity.

The training course is designed to offer practical support to key decision makers to help them to provide the appropriate response to what may prove to be lasting disruptive changes to the organisation’s fundamental ways of operating, reflected in long established business models. Under these conditions some well-established decision-making techniques are no longer valid and may even prove to be detrimental to the organisation’s ability to survive current crisis and flourish afterwards. The training course will highlight where these threats may leave the organisation exposed and how this may be avoided.

This Oxford Management Centre Managing Financial Crisis & Supporting Decision Making training course will highlight:

• How to assess the potential impact of the crisis on established business models
• The vital actions needed to manage cash flow and liquidity in a crisis
• Managing and reducing costs without damaging the heart of the enterprise
• Practical tools to manage capital expenditure during the crisis
• The critical importance of effective leadership and communication
• An effective approach to forecasting to manage risk and uncertainty

Objectives

This leading edge training course has been designed to provide delegates with a practical set of tools and techniques to help them provide relevant and practical management during the financial crisis and to support effective decision-making in often uncharted waters. The training course will cover theory where relevant but otherwise will focus heavily on practical application of established techniques.

By the end of this training course, you will have learned to:

• Analyse and interpret the impact of the crisis on established business models
• Help to develop a meaningful response to business model disruption
• Apply practical tools to manage and optimise cash flow and liquidity
• Use sophisticated cost analysis methods to maximise profit or surplus
• Employ a strategic approach to reducing costs with minimum damage
• Use what if forecasting tools to help manage risk and uncertainty

Training Methodology

This training course will use a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. The training course will follow a participative workshop format and will be focused on developing practical skills that delegates can apply in real life business situations on return to their own organisation.

Organisational Impact

This highly focused training course will provide key team players from all parts of the organisation with the relevant skills and practical techniques to take effective action in the areas most critical to underpin its financial survival and re-growth and to support management decision-making, specifically by:

• Helping to understand and develop support strategies to existing business models
• Developing and using practical tools to manage cash flow and liquidity
• Taking effective action to manage and strategically reduce organisational expenses
• Develop and use sophisticated forecasting tools to manage risk and uncertainty
• Replacing obsolete budgets with dynamic rolling forecasts
• Apply leadership skills to promote a sense of urgency and manage change

Personal Impact

This Managing Financial Crisis & Supporting Decision Making training course will provide delegates with a highly relevant set of up to date skills with which to take an active role in the financial management of a crisis and in supporting key decision-makers, by:

• Raising awareness of the key threats to the organisation’s business model
• Development of practical Excel tools to manage cash flow and liquidity
• Using proven techniques to manage and reduce organisational expenses
• Building flexible dynamic Excel forecasting tools to manage risk and uncertainty
• Replacing budgets with dynamic rolling forecasts

Who Should Attend?

This Managing Financial Crisis & Supporting Decision Making training course will be relevant to many, if not most, functional organisational areas; the training course is suitable to a wide range of professionals but will greatly benefit:

• Planning and Budgeting Team Members
• Financial and Management Accounting Team
• Treasury Staff
• Supply Chain and Procurement Team
• Production Planning and Management
• HR Team

Course Outline