Course Detail(MP148 : Strategic planning with effective implementation in mind and Practical insights for Financial Directors and Managers (Parts 1 & 2))

MP148 : Strategic planning with effective implementation in mind and Practical insights for Financial Directors and Managers (Parts 1 & 2)

14.00 CPE Hours (Others)
Classroom

Programme Objective
 
Effective planning considers effective implementation from the start. This two-day course aims to equip participants with knowledge and skills to appreciate and develop strategic plans for their in-house finance functions, as well as equip participants to better implement their organizational strategies using a desensitized case study to demonstrate the concepts in the strategy continuum.

Strategic planning is an important organizational-wide exercise that charts its journey towards future success.  However, many senior executives approach this organizational exercise merely from the viewpoint of their respective divisions.

If you want to make a difference for your Finance division, this programme is for you. 

This module takes a practical approach to strategic planning, catering to senior executives from the finance division. As planning is about “changing the mental models that decision makers carry in their heads” (De Geus, 1988), the facilitator will re-orientate participants to the concept of planning and execution, examining a number of best practices and approaches that could be worth adopting.  Two approaches to strategy formulation for finance division will also be discussed.
We commence the second day with a brief recap of the strategic planning process, with an emphasis as to how to better prepare for implementation. The portfolio of strategic initiatives identified as a result of the strategic planning exercise impacts the success of strategy implementation. Considerations important for selecting indicators, and how they can be used as a feedback system to manage the progress of strategy implementation will be deliberated.

The softer side of effective strategy implementation will be addressed. This includes obstacles to strategy implementation, ineffective practices by organisations, the need for strategic alignment throughout the organization, as well as the importance of systematic organizational learning as strategy is being implemented. In governing for performance, critical implementation capabilities such as strategic visibility and alignment, performance monitoring, collaboration, tracking of initiatives, analytics, dashboards and reports, as well as rapid deployment will be covered.

Programme Outline

Part 1

  1. Appreciate the strategic management framework and operating landscape
  2. Know best practices in strategy articulation and implementation
  3. Know different perspectives in strategy formulation
  4. Understand strategy formulation for finance
  5. Know what effective strategy implementation means

 
Part 2

  1. Appreciate the stages of the strategy continuum
  2. Learn how to better prepare for strategy implementation
  3. Understand what effective strategy implementation involves
  4. Know how to effectively govern for performance


Training Methodology
 
This course provides participants with an overview of strategic planning, as well as the tools that help them appreciate the complex and dynamic operating landscape. Using a case study with small group discussions, participants will gain insights into the multivariate considerations involved in planning and articulating strategy, as well as how trade-offs can be addressed. 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.

On the second day, we provide participants with an overview of effective organizational strategy implementation, with insights and tools that empower them to manage performance and achieve results. Continuing with our case study, small group discussions will enable participants to gain a deeper appreciation of the complexities that affect strategy implementation, performance and success.

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 planning for the internal Finance Function, as well as Senior Accountants designated for management appointments.

Competency Mapping

Others = 14.00 Hours

Schedule & Fees

Date & Time

07 Apr 2022 (9:00 AM - 5:00 PM)
08 Apr 2022 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)

For Members: $ 631.30
For Non-Members: $ 759.70

Programme Facilitator(s)

Tay Guan Mong

Venue

60 Cecil Street
ISCA House
Singapore 049709

Date & Time

23 Oct 2019 (9:00 AM - 5:00 PM)
25 Oct 2019 (9:00 AM - 5:00 PM)

Registration is closed

Programme Facilitator(s)

Tay Guan Mong

Date & Time

16 Apr 2019 (9:00 AM - 5:00 PM)
18 Apr 2019 (9:00 AM - 5:00 PM)

Registration is closed

Programme Facilitator(s)

Tay Guan Mong

Date & Time

16 Oct 2018 (9:00 AM - 5:00 PM)
18 Oct 2018 (9:00 AM - 5:00 PM)

Registration is closed

Programme Facilitator(s)

Tay Guan Mong

Testimonial

Funding

No funding Available!

Programme Facilitator(s)


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 Objective
 
Effective planning considers effective implementation from the start. This two-day course aims to equip participants with knowledge and skills to appreciate and develop strategic plans for their in-house finance functions, as well as equip participants to better implement their organizational strategies using a desensitized case study to demonstrate the concepts in the strategy continuum.

Strategic planning is an important organizational-wide exercise that charts its journey towards future success.  However, many senior executives approach this organizational exercise merely from the viewpoint of their respective divisions.

If you want to make a difference for your Finance division, this programme is for you. 

This module takes a practical approach to strategic planning, catering to senior executives from the finance division. As planning is about “changing the mental models that decision makers carry in their heads” (De Geus, 1988), the facilitator will re-orientate participants to the concept of planning and execution, examining a number of best practices and approaches that could be worth adopting.  Two approaches to strategy formulation for finance division will also be discussed.
We commence the second day with a brief recap of the strategic planning process, with an emphasis as to how to better prepare for implementation. The portfolio of strategic initiatives identified as a result of the strategic planning exercise impacts the success of strategy implementation. Considerations important for selecting indicators, and how they can be used as a feedback system to manage the progress of strategy implementation will be deliberated.

The softer side of effective strategy implementation will be addressed. This includes obstacles to strategy implementation, ineffective practices by organisations, the need for strategic alignment throughout the organization, as well as the importance of systematic organizational learning as strategy is being implemented. In governing for performance, critical implementation capabilities such as strategic visibility and alignment, performance monitoring, collaboration, tracking of initiatives, analytics, dashboards and reports, as well as rapid deployment will be covered.

Programme Outline

Part 1

  1. Appreciate the strategic management framework and operating landscape
  2. Know best practices in strategy articulation and implementation
  3. Know different perspectives in strategy formulation
  4. Understand strategy formulation for finance
  5. Know what effective strategy implementation means

 
Part 2

  1. Appreciate the stages of the strategy continuum
  2. Learn how to better prepare for strategy implementation
  3. Understand what effective strategy implementation involves
  4. Know how to effectively govern for performance


Training Methodology
 
This course provides participants with an overview of strategic planning, as well as the tools that help them appreciate the complex and dynamic operating landscape. Using a case study with small group discussions, participants will gain insights into the multivariate considerations involved in planning and articulating strategy, as well as how trade-offs can be addressed. 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.

On the second day, we provide participants with an overview of effective organizational strategy implementation, with insights and tools that empower them to manage performance and achieve results. Continuing with our case study, small group discussions will enable participants to gain a deeper appreciation of the complexities that affect strategy implementation, performance and success.

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 planning for the internal Finance Function, as well as Senior Accountants designated for management appointments.

Competency Mapping

Others = 14.00 Hours

Programme Facilitator(s)

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

07 Apr 2022 (9:00 AM - 5:00 PM)
08 Apr 2022 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)

For Members: $ 631.30
For Non-Members: $ 759.70

Programme Facilitator(s)

Tay Guan Mong

Venue

60 Cecil Street
ISCA House
Singapore 049709