Strategic Financial Decision-Making: Maximizing Value and PerformanceFinance and Accounting

In any city around the world 00447455203759 Course Code: AC/2024/13

Course Description

Course Duration: Five Training Days
Course Language: Arabic or English
Include:
Scientific material with TAB
Workshops
Reception and farewell at the airport
Daily lunch
Coffee Break


Introduction:
In the realm of finance, decisions are not merely choices; they are strategic moves that can shape the future of an organization. Strategic financial decision-making involves carefully evaluating options, predicting outcomes, and aligning choices with long-term goals.
In the fast-paced and ever-evolving world of finance, strategic decision-making plays a pivotal role in the success of organizations. With the advent of technology, particularly the abundance of data, financial analysts are now adopting a data-driven approach to ensure precision and effectiveness in steering financial strategies.

Targeted Groups:
Finance Managers
Strategy, Budgeting and Planning Managers
Finance and Treasury Professionals
Finance Analysts and Advisers
Employees who want to gain great knowledge to improve their career

Targeted Competencies:
Financial strategic thinking
Understanding financial statements
Financial analysis
Working capital management
Preparing operating budgets
Making capital budget decisions
Financial decision making
Cost management
Value management

Course Content:
Unit 1: Importance of Strategic Financial Decision-Making
Role of Data in Decision-Making
Understanding Strategic Decision-Making
Definition and Significance
Components of a Data-Driven Approach

Unit 2: The Role of Financial Analysts
Responsibilities in Decision-Making
Importance of Informed Decisions
Leveraging Data for Precision
Sources of Financial Data

Unit 3: Analytical Tools for Decision Support
Ensuring Effectiveness in Financial Strategies
Aligning Data with Organizational Goals
Adapting to Market Trends

Unit 4: Challenges in Data-Driven Decision-Making
Overcoming Perplexity in Data
Addressing Burstiness in Financial Data

Unit 5: Human Touch in Data-Driven Decisions
The Balance Between Data and Intuition
Integrating Emotional Intelligence
Building a Data-Driven Culture
Training Financial Teams
Fostering a Data-Centric Mindset

Unit 6: Future Trends in Strategic Financial Decision-Making
Advancements in Technology
Success Stories of Data-Driven Financial Decision-Making
Learning from Failures and Adjusting Strategies
Predictive Analytics in Finance

Unit 7: Tips for Implementing Data-Driven Approaches
Collaborative Decision-Making
Continuous Learning and Adaptation
Analyzing the Impact on Bottom Lines
Measuring Success
Key Performance Indicators (KPIs) for Financial Decision-Making
Evaluating the ROI of Data-Driven Initiatives