Course Detail(MP147 : Effective Strategic Resource Management for Finance Directors and Managers)

MP147 : Effective Strategic Resource Management for Finance Directors and Managers

7.00 CPE Hours (Others)
Classroom


Programme Overview

We begin with a brief overview of the strategy continuum, the need for and benefits of strategic resource management (SRM) and the SRM framework. The SRM process commences with strategic planning, where the demand for strategic resources are examined and identified. Key considerations in planning will be surfaced.
Resource planning and allocation involves the application of initiative portfolio management, where the organisation’s initiatives need to be effectively managed and provided with the right resources for strategic success. The scoring model and prioritization process will be explained. Specifically, the areas of financial and human resources will be addressed with practical considerations for deployment. Stage three involves a performance review with strategic learning to ensure that resources optimally allocated achieve organizational goals. Important guiding questions here will enable participants to know what to look out for and what to avoid.
 
Programme Objective

This one-day course aims to equip participants with knowledge and skills to better manage strategic resources in organisations to achieve strategic objectives.

Programme Outline

  • Introduction to Strategic Resource Management (SRM)
    • The strategy continuum
    • SRM: A definition, the need and benefits. 
    • Linking strategic planning and resource management
  • SRM Stage 1: Strategic Planning
    • Overview of the strategic planning framework
    • Strategy formulation: Strategic thrusts and objectives
    • Strategic initiatives and strategic expenditure
  • SRM Stage 2: Resource Planning and Allocation
    • Initiative Portfolio Management
    • Financial Resources
    • Human Resources
    • Infrastructure Resources
  • SRM Stage 3: Performance Review with Strategic Learning
    • Important considerations to ensure strategic resources are managed to achieve strategic goals
    • The strategic learning and review process
  • Summary and reflection
 
Training Methodology
 
This course provides participants with an overview of using SRM in organisations to better manage for results. Using a case study approach with small group discussions, participants will gain insights into the process involved in managing strategic resources in organisations. Feedback will also be given after group discussions to provide participants with insights from experienced strategic planners who have helped organisations from the private, public and not-for-profit sectors obtain strategic clarity and improve results.

Closing Date for Registration

1 week before programme or until full enrolment

Intended For

The audience for this practical module includes CFOs of mid-size organisations, Financial Controllers, Finance Directors, Finance Managers, Divisional Directors and Department Managers who are keen to appreciate strategic resource management, as well as Senior Accountants designated for management appointments.

Competency Mapping

Others = 7.00 Hours

Schedule & Fees

Date & Time

11 May 2020 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)

For Members: $ 337.05
For Non-Members: $ 404.46

Programme Facilitator(s)

Tay Guan Mong

Venue

60 Cecil Street
ISCA House
Singapore 049709

Date & Time

03 Nov 2020 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)

For Members: $ 337.05
For Non-Members: $ 404.46

Programme Facilitator(s)

Tay Guan Mong

Venue

60 Cecil Street
ISCA House
Singapore 049709

Date & Time

22 Nov 2019 (9:00 AM - 5:00 PM)

Registration is closed

Programme Facilitator(s)

Team of Professional (MP147)

Date & Time

20 Dec 2018 (9:00 AM - 5:00 PM)

Registration is closed

Programme Facilitator(s)

Team of Professional (MP147)

Date & Time

20 Feb 2018 (9:00 AM - 5:00 PM)

Registration is closed

Programme Facilitator(s)

Team of Professional (MP147)

Testimonial

Funding

No funding Available!

Programme Facilitator(s)


Lead Trainer

Tay Guan Mong is the Founder and Managing Consultant of BALLianz, the Performance Management Practice specializing in strategic thinking, planning and execution. With more than 20 years of experience in Strategic Planning he has consulted for more than 150 organizations and developed over 450 scorecards in the private and public sectors in Singapore, Thailand and the region. His track record includes the healthcare, port management, government, manufacturing, transport, education, energy and not-for-profit organizations.

Guan Mong holds a Chartered Accountant (Singapore), an MBA (Accountancy) degree from the Nanyang Technological University, a double Graduate Diploma in Marketing Management from the Chartered Institute of Marketing, UK and the Singapore Institute of Management, and an Honours degree in Electrical and Electronic Engineering from the National University of Singapore.

Co-Trainer

Adrien Chia is a Principal Consultant with BALLianz. He has championed and facilitated the visioning, strategy development and implementation workshops in many organisations both locally and overseas, in industries that include healthcare, hospitality, supply chain management, port management, manufacturing, insurance, energy, property development and construction, childcare, education, non-profits and the public sector since the 1990s. He was also a speaker at regional conferences on performance management.

Adrien is a member of the Singapore Institute of Management. He has a Master of Science (Management) degree from the National University of Singapore, specialising in the Balanced Scorecard approach. He has a Graduate Certificate in Management Consulting, as well as degrees in marketing and human resource management.

Tay Guan Mong

Tay Guan Mong is the Founder and Managing Consultant of BALLianz, the Performance Management Practice specializing in strategic thinking, planning and execution. With more than 20 years of experience in Strategic Planning he has consulted for more than 150 organizations and developed over 450 scorecards in the private and public sectors in Singapore, Thailand and the region. His track record includes the healthcare, port management, government, manufacturing, transport, education, energy and not-for-profit organizations. 

Guan Mong holds a Chartered Accountant (Singapore), an MBA (Accountancy) degree from the Nanyang Technological University, a double Graduate Diploma in Marketing Management from the Chartered Institute of Marketing, UK and the Singapore Institute of Management, and an Honours degree in Electrical and Electronic Engineering from the National University of Singapore.


Programme Overview

We begin with a brief overview of the strategy continuum, the need for and benefits of strategic resource management (SRM) and the SRM framework. The SRM process commences with strategic planning, where the demand for strategic resources are examined and identified. Key considerations in planning will be surfaced.
Resource planning and allocation involves the application of initiative portfolio management, where the organisation’s initiatives need to be effectively managed and provided with the right resources for strategic success. The scoring model and prioritization process will be explained. Specifically, the areas of financial and human resources will be addressed with practical considerations for deployment. Stage three involves a performance review with strategic learning to ensure that resources optimally allocated achieve organizational goals. Important guiding questions here will enable participants to know what to look out for and what to avoid.
 
Programme Objective

This one-day course aims to equip participants with knowledge and skills to better manage strategic resources in organisations to achieve strategic objectives.

Programme Outline

  • Introduction to Strategic Resource Management (SRM)
    • The strategy continuum
    • SRM: A definition, the need and benefits. 
    • Linking strategic planning and resource management
  • SRM Stage 1: Strategic Planning
    • Overview of the strategic planning framework
    • Strategy formulation: Strategic thrusts and objectives
    • Strategic initiatives and strategic expenditure
  • SRM Stage 2: Resource Planning and Allocation
    • Initiative Portfolio Management
    • Financial Resources
    • Human Resources
    • Infrastructure Resources
  • SRM Stage 3: Performance Review with Strategic Learning
    • Important considerations to ensure strategic resources are managed to achieve strategic goals
    • The strategic learning and review process
  • Summary and reflection
 
Training Methodology
 
This course provides participants with an overview of using SRM in organisations to better manage for results. Using a case study approach with small group discussions, participants will gain insights into the process involved in managing strategic resources in organisations. Feedback will also be given after group discussions to provide participants with insights from experienced strategic planners who have helped organisations from the private, public and not-for-profit sectors obtain strategic clarity and improve results.

Closing Date for Registration

1 week before programme or until full enrolment

Intended For

The audience for this practical module includes CFOs of mid-size organisations, Financial Controllers, Finance Directors, Finance Managers, Divisional Directors and Department Managers who are keen to appreciate strategic resource management, as well as Senior Accountants designated for management appointments.

Competency Mapping

Others = 7.00 Hours

Programme Facilitator(s)

Lead Trainer

Tay Guan Mong is the Founder and Managing Consultant of BALLianz, the Performance Management Practice specializing in strategic thinking, planning and execution. With more than 20 years of experience in Strategic Planning he has consulted for more than 150 organizations and developed over 450 scorecards in the private and public sectors in Singapore, Thailand and the region. His track record includes the healthcare, port management, government, manufacturing, transport, education, energy and not-for-profit organizations.

Guan Mong holds a Chartered Accountant (Singapore), an MBA (Accountancy) degree from the Nanyang Technological University, a double Graduate Diploma in Marketing Management from the Chartered Institute of Marketing, UK and the Singapore Institute of Management, and an Honours degree in Electrical and Electronic Engineering from the National University of Singapore.

Co-Trainer

Adrien Chia is a Principal Consultant with BALLianz. He has championed and facilitated the visioning, strategy development and implementation workshops in many organisations both locally and overseas, in industries that include healthcare, hospitality, supply chain management, port management, manufacturing, insurance, energy, property development and construction, childcare, education, non-profits and the public sector since the 1990s. He was also a speaker at regional conferences on performance management.

Adrien is a member of the Singapore Institute of Management. He has a Master of Science (Management) degree from the National University of Singapore, specialising in the Balanced Scorecard approach. He has a Graduate Certificate in Management Consulting, as well as degrees in marketing and human resource management.
Tay Guan Mong

Tay Guan Mong is the Founder and Managing Consultant of BALLianz, the Performance Management Practice specializing in strategic thinking, planning and execution. With more than 20 years of experience in Strategic Planning he has consulted for more than 150 organizations and developed over 450 scorecards in the private and public sectors in Singapore, Thailand and the region. His track record includes the healthcare, port management, government, manufacturing, transport, education, energy and not-for-profit organizations. 

Guan Mong holds a Chartered Accountant (Singapore), an MBA (Accountancy) degree from the Nanyang Technological University, a double Graduate Diploma in Marketing Management from the Chartered Institute of Marketing, UK and the Singapore Institute of Management, and an Honours degree in Electrical and Electronic Engineering from the National University of Singapore.

Upcoming Schedule

Date & Time

11 May 2020 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)

For Members: $ 337.05
For Non-Members: $ 404.46

Programme Facilitator(s)

Tay Guan Mong

Venue

60 Cecil Street
ISCA House
Singapore 049709