Course Schedules

Classroom 10 Sessions
Online / Live
Live

No dates scheduled

Course Modules

This training course is split into the following modules:

Our 10-day training courses consist of 2 modules that can be booked as a complete 10-day program or as individual 5-day courses.

Introduction

Effective strategy development, risk analysis, negotiation, and cost control are fundamental skills for managers dedicated to achieving top performance and making valuable contributions to their organizations. Today’s turbulent business environment demands that managers balance strategic thinking with immediate action.

This 10-day Anderson training course provides a well-organized framework for acquiring these essential management skills. Through practical exercises and expert guidance, you will learn to address both short-term challenges and long-term goals, enhancing your ability to adapt and succeed.

What are the Goals?

This 10-day Anderson training course offers delegates opportunities to gain skills in strategy development and implementation, together with risk assessment. To understand finance, in particular budgeting and cost control and how performance measurement enables organisations to track the viability of their strategies. Packed with many practical exercises and a safe environment in which to practice new skills, delegates will:

  • Gain an understanding of strategy and strategic thinking
  • Learn about risk management and mitigation
  • Practice negotiating and learn top tips for effective negotiations
  • Develop skills in budgeting and cost control
  • Understand how financial measurement supports strategic success

Who is this Training Course for?

This 10-day Anderson training course is suitable for a wide range of professionals who wish to develop their strategic leadership capabilities and gain a greater grasp of budgeting and cost control. For example:

  • Current and potential Managers, and business Leaders at all levels
  • Those responsible for developing and leading strategic changes
  • Procurement and Client Service Managers responsible for negotiation strategies
  • Functional Team Leaders in the governmental or private sector
  • Staff Members responsible for budgeting and financial controls
  • Non-finance Managers with financial responsibilities

Course Content

MODULE I

Strategy, Risks, Negotiation & Leadership

Day 1
Day One: Developing Strategies in a VUCA World
  • How Strategy evolved into business
  • Leadership Accountability for strategy development
  • Strategic planning 
  • Describing the organisation’s Vision, Mission, Values & Strategy 
  • Selecting Options, Making Decisions
  • Does having a Strategy guarantee success?
Day 2
Day Two: Setting Strategy, a Risky Business
  • The meaning and nature of risk
  • Operational, Tactical and Strategic Risks
  • Risk management
  • Cost/benefits of mitigation
  • Agility, Resilience & Black Swans
Day 3
Day Three: Power, Influence & Negotiation
  • Sources of Power & Influence
  • Who negotiates and why
  • Top Tips for ‘Win-Win’ negotiations
  • Key skills for effective negotiations
  • Preparing thoroughly: where to draw the line
Day 4
Day Four: How Leaders Drive Change
  • Leaders drive strategy & change
  • Must leaders be charismatic?
  • Leading or managing, or both?
  • Leading in uncertain times, key skills
  • The Challenge of employees “wanting to do what must be done”
Day 5
Day Five: Managing the Impact of Change
  • The challenge of managing change
  • People & Systems are the foundations of success
  • Building a coalition of change agents
  • Effective channels of communication, pipelines to success 
  • Developing a personal action plan for further self-development
MODULE II

Effective Budgeting & Operational Cost Control

Day 6
Introduction: Building A Common Financial Language
  • The key role of budgeting and cost control in contemporary organisations
  • Budgetary planning and control
  • The importance of value – for customers and shareholders
  • Financial accounting and management accounting
  • Integrating the financial and non-financial aspects of budgeting
  • Financial planning and the budgeting process
Day 7
The Budgeting Process
  • The key features of budgeting
  • Advantages and disadvantages of budgeting
  • Divisionalisation and responsibility accounting
  • Operating budgets: zero-based, incremental, and activity-based
  • Capital budgets
  • Cash budgets
Day 8
Cost Analysis
  • Different costs for different purposes
  • Fixed costs and variable costs
  • Cost-volume-profit (CVP) analysis
  • Contribution and marginal costing
  • Absorption costing
  • Decision-making
Day 9
Traditional And Advanced Techniques Of Cost Control
  • Indirect costs (overheads) and direct costs
  • Under-costing and over-costing: the consequences for profitability
  • Traditional cost allocation systems and activity based costing (ABC)
  • Refinement of the costing system
  • Activity based budgeting (ABB)
  • Standard costing, flexed budgets, and variance analysis
Day 10
Beyond the Budgets, The Balanced Scorecard And Six Sigma
  • Broadening performance measurement systems
  • Innovative approaches to costing
  • Integrating financial and non-financial performance measures
  • The balanced scorecard
  • Strategy maps
  • Six sigma

The Certificate

Recognition
  • Anderson Certificate of Completion for delegates who attend and complete the training course
Get In Touch

Still Have Questions?

Can’t find what you are looking for? Contact us and we’ll be happy to assist you with course details, corporate bookings, or technical support.

Expand Your Skills

Related Training Courses