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This course will enable you to
- Learn what strategy really is and what role finance professionals can take in the strategy-building process of your organisation
- Understand how to use metrics to identify opportunities
- Discover how you can define your organisation’s potential and use historical trends to track opportunities
- Develop your strategy through setting targets, and learn how to use forecasting when target setting
- Explore how to implement your strategy and how to ensure that it is being upheld
- Consider different tactics that you can use to bring strategies to life and ensure that you are getting the most out of them
- Once implemented, understand how you can monitor these strategies and assess how they are performing
About the course
In businesses of all sizes, strategy plays a major role in their success. Therefore, having a recognisable strategy and being able to follow planned strategies is vital to the success of a business. People of all levels within an organisation can play a role in strategizing if they understand the importance of strategy.
This course will teach you what it means for a business to have a strategy, and how as a finance professional you can play an active part in forming, implementing and monitoring the success of that strategy over time. You will learn how to analyse trends; set targets and what tactics you can use to ensure your strategies are successful.
Look inside
Contents
- Strategy and the role of the accountant
- Defining vision, mission, and strategy
- Goals and targets
- Strategy and the planning process
- Translating thought into strategy
- Building an effective business plan
- When metrics go wrong
- Different types of strategy
- Opportunities and strategy development
- Identifying opportunities
- Analysing data to identify opportunities
- Taking the middle path
- What metrics are needed to spot opportunities
- Taking control of the planning process
- Defining the potential of the organisation
- Tracking historical trends to predict future
- Developing strategy and setting targets
- Targetting approaches
- How planning responsibility impacts an organisation
- SMART targets explained
- Reality-checking targets
- Using forecasting to help with target-setting
- The importance of sales forecasting
- How to forecast sales
- In the real world...
- Using forecasts as a strategic planning tool
- Using data and forecasting to improve performance
- Implementing a strategy
- Choosing the best route
- Organisational macro-strategies
- From macro to micro
- Communicating a strategy clearly
- Making strategies understandable
- Setting up a strategy monitoring team
- Communicating with customers
- Strategy in motion
- Developing tactics
- Filters, tactics, and build a strategy
- Work breakdown structure principles
- Using WBS for strategic success
- Checking strategic alignment of tactics
- Launching the strategy
- Measuring strategic success
- Setting up strategically-aligned metrics
- Reporting frequency
- Keeping a plan alive
- Evaluating and re-evaluating strategies
- The power of good strategic planning
How it works
Reviews
Recommended | ||||
Why not upgrade?Find the best way to complete your CPD | CourseNeed just a few unitshourshours? | Pick n MixAll you need for this year's CPD. | LicenceAll you need for this year and more. | TeamKeep your whole team up to date. |
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Access to this course | ||||
Total CPD unitshourshours | 4 unitshourshours | 21 units20 hours21 hours | 800+ unitshourshours | 800+ unitshourshours |
Access period | 120 days | 120 days Access to end 2025 | 12 months | 12+ months |
Audit-proof CPD completion certificate | ||||
Immediate access to our entire CPD catalogue | ||||
Exclusive news and CPD every week plus monthly webinars, all year round | ||||
Account manager on hand to support your team’s needs | ||||
Learn more | Learn more | Learn more | ||
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Use ACPD101 for 10% off any purchase.