1st May 2008 - places limited - book now to ensure your place

How to build agility, flexibility and responsiveness into budgeting and planning

You will learn how major companies including StatoilHydro, Boston Scientific, Nordea, Tomkins, UBS Wealth Management and Business Banking have developed practical solutions that give them a balanced control of their performance and finances while allowing their businesses to respond to changes in the marketplace.

Strategy to goal setting, planning, budgeting and forecasting
You will find out how your organisation can benefit from the adoption of the same kinds of tools that have transformed the way these companies plan, budget and forecast. You will discover how to more effectively:

• Link strategy with operational planning
• Develop rolling plans and forecasts
• Create quarterly budgets
• Simplify the budgeting process
• Allocate resources more flexibly
• Prioritise projects and initiatives
• Decouple incentives from the fixed targets.

In addition, the workshop the integration of budgeting and planning with performance tools and frameworks such as:

• The balanced scorecard
• Scenario planning
• Economic Value Added
• Enterprise performance...along with other useful methods of performance management.

Dealing with the cultural dimension
One of the barriers to changing the approach to budgeting and forecasting has more to do with culture and concerns about control. The workshop deals with solutions to these extremely important points: how to win support for change.

Interactive sessions and practical assignments
During the masterclass there will be opportunities for you to put your questions, discuss the issues further and assess the value of ideas for your own organisation.