Dates: 20 – 24 January 2025
Locations: Grayston Ridge Office Park, Sandton
Platform: Available In-Class / Online
This Prospen-Africa Advanced Management Skills Masterclass workshop will provide you with the skill sets and characteristics to become better than you had ever perceived you could be. Being a ‘great’ manager cannot guarantee success these days – only by being the best of the best will you make an impact on your department, your company, and your industry.
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After this 5-day workshop, you will return to the workplace with a toolbox full of advanced management skills that you can use to build your success in managing yourself and others. This advanced management skills course will benefit anyone who would like to inspire themselves and their teams to higher performance.
At the end of this Advanced Management Skills Masterclass training seminar, you will learn to:
Understand the Use and Importance of Financial Statements
Tools and Techniques of Financial Analysis useful in Decision Making
The Use of the budgetary and Control Techniques
Standards, Flexed Budgets and Variance Analysis
How to use Variance Analysis Results to Improve Operational Performance?
The Application of Discounted Cash Flow (DCF) Methods
Effective Analysis of Capital Investment Projects using Various Techniques
How Corporate Value and Shareholder Value are Enhanced?
Why Corporate Restructuring through Mergers and Acquisitions is Important?
This Advanced Management Skills Masterclass course is designed and suitable for people who wish to advance their management skills to improve the productivity of the organisation.
Our diverse instructional approaches ensure effective learning:
– Lectures & Presentations: Engage with expert-driven, stimulating content.
– Course Material: Access well-crafted supporting resources.
– Group Work: Collaborate on discussions and case studies for practical insights.
– Workshops & Role-Play: Participate in immersive, scenario-based activities.
– Practical Application: Focus on applying theoretical knowledge in real situations.
– Post-Training Support: Receive extensive support after training for skill implementation.
Day 1: Understanding Financial Statements and Financial Analysis
Introduction to financial statements (income statement, balance sheet, cash flow statement)
Importance of financial statements in decision-making processes
Basic tools and techniques of financial analysis (ratio analysis, trend analysis, common-size analysis)
Practical exercises and case studies to analyse financial statements
Day 2: Budgetary Control and Variance Analysis
Understanding the budgetary process and its importance in organizational control
Types of budgets (master budget, flexible budget, static budget)
Variance analysis: understanding standard costs, flexible budgets, and variance analysis techniques
Interpretation of variances and their implications for decision making
Case studies and practical exercises on budgetary control and variance analysis
Day 3: Capital Budgeting and Investment Analysis
Introduction to capital budgeting and investment decisions
Various capital budgeting techniques (payback period, net present value, internal rate of return, profitability index)
Discounted cash flow (DCF) methods and their application in investment appraisal
Evaluating risk and uncertainty in capital investment decisions
Case studies and group exercises on capital budgeting and investment analysis
Day 4: Enhancing Corporate Value and Shareholder Value
Understanding corporate value and its drivers
Strategies for enhancing corporate value and maximizing shareholder wealth
Role of financial management in creating value for shareholders
Measuring corporate performance and shareholder value creation
Case studies and discussions on corporate value enhancement strategies
Day 5: Corporate Restructuring and Mergers & Acquisitions
Understanding corporate restructuring and its significance
Reasons for mergers and acquisitions (M&A) and their impact on corporate value
M&A process: due diligence, valuation, negotiation, and integration
Evaluating synergies and risks associated with M&A activities
Case studies and real-world examples of successful and unsuccessful M&A transactions