Understanding Finance to Influence
Strategic Decisions

Successful Strategic Decision-Making

Format availability:

In-Person

Duration:

5 Days

Introduction to the course

It is essential to fully understand how finance influences strategic decision-making because it provides the foundation for an organisation’s economic survival, development, growth and future prosperity.

Are you familiar with the core principles of finance and their links with strategic decisions, and financial planning?

Are you able to use the financial tools, techniques and know-how that influence strategic decision-making and apply them practically in real-life business situations?

This exciting and user-friendly KC ACADEMY, Understanding Finance to Influence Strategic Decisions training seminar deals with, for example, how to avoid unachievable strategic plans and budgets, non-value-adding project investments, high costs of capital, high exposures to financial risk. It illustrates and reinforces the use of the essential financial tools and techniques and will enable non-financial and financial professionals at every level to make better-informed decisions to improve financial performance, and increase corporate value and shareholder value.

This KC ACADEMY training seminar highlights:

  • Linking business and financial strategic decision-making processes with financial planning and budgeting
  • Clarification of the financial statements and their links with financial planning, budgeting and decision-making
  • Alternative costing systems, budgeting and measurement systems that support financial decision-making
  • Capital investment decisions using DCF, and financing decisions, capital structure, and WACC
  • Linking KPIs to strategy using a balanced scorecard, and management of interest rate and foreign currency exchange rate risk

Course details

By the end of this KC ACADEMY training seminar, you will have significantly upskilled to be able to:

  • Think strategically and use the strategic management process and its links to KPI systems as a basis for improved decision-making to maximise shareholder wealth
  • Analyse and interpret the income statement, balance sheet, and statement of cash flows, and use appropriate costing and measurement systems for more effective planning and budgeting, management of working capital and cash flow, and improved financial performance
  • Identify the alternative sources of long-term finance, and evaluate the models of optimum capital structure and minimisation of WACC
  • Apply the technique of DCF for evaluation of capital project investments, and capital budgeting
  • Use the techniques of uncertainty and risk analysis and develop appropriate risk management tools, and insurance and hedging of interest rates and foreign currency exchange rates

This KC ACADEMY Understanding Finance to Influence Strategic Decisions training seminar is presented in a very hands-on way to suit individuals with varying levels of financial knowledge and experience. The Instructor, in addition to his own commercial career experiences, uses a variety of proven adult learning teaching and facilitation techniques to provide a thorough training in the subjects covered.

This KC ACADEMY training seminar is conducted along workshop principles with presentations, numerous worked examples, and real-world experiences and many real-world business scenarios. Interactive team case studies and exercises reinforce the application of each of the learning points. Difficult mathematical concepts are minimised wherever possible and handled in a visual way that is easy to understand – our aim is for this to be an enjoyable learning experience.

You will go back to your workplace with an up-to-date and relevant skillset that will benefit your organisation through:

  • Recognising the important ways in which finance influences strategic decision-making
  • Developing the ability to think strategically – long-term and wide-ranging – and understanding the factors that impact on strategic decision-making
  • Understanding how the key financial statements and alternative costing systems are used as the basis for developing financial plans and budgets
  • Evaluating the financial consequences of alternative strategic decisions relating to for example investment and capital structure, with the aim of maximisation of shareholder wealth
  • Mitigating and minimising financial risk through risk analysis and the effective use of the appropriate techniques of risk management
  • Communicating more effectively with financial professionals and sharing throughout the organisation the knowledge gained from the seminar

This KC ACADEMY Understanding Finance to Influence Strategic Decisions training seminar will greatly improve your understanding of how strategies are developed and the influence of financial factors on strategic decision-making and the impact of the consequences of those decisions through:

  • An appreciation of the various analytical models used in the formulation of strategy, and the links between strategic objectives and financial and non-financial KPIs using a balanced scorecard
  • A clear understanding of exactly how the financial statements and alternative costing systems are used to support effective decision-making, financial planning and budgeting
  • Evaluating how two of the most important features of corporate finance, capital structure (the proportions of debt and equity financing) and WACC, critically impact on organisational performance and the maximisation of shareholder wealth
  • Being able to apply the DCF techniques of NPV, IRR, MIRR, and EAC to evaluate new capital project investments, and the techniques of capital budgeting, capital rationing and the PI to determine how financial resources may be optimally allocated between alternative investment projects
  • Considering how risk may be most effectively managed using the appropriate risk management tools, and insurance and hedging of interest rates and foreign currency exchange rates
  • Improving your self-confidence to be better placed to deal with financial and other professionals on financial and strategic issues

An understanding of how finance influences successful strategic decision-making is crucial for every role and at every management level in any organisation. This KC ACADEMY Understanding Finance to Influence Strategic Decisions training seminar is essential for a wide range of professionals from companies, corporations and governmental organisations, and in addition to interns, financial analysts, financial controllers, accountants and others active in the planning process this KC ACADEMY training seminar will greatly benefit business professionals working in:

  • General Management, Sales and Marketing
  • Estimating, Costing, and Project Management
  • Operations and Engineering
  • Procurement and Logistics
  • Asset Management
  • Human Resources
  • And any other financial and non-financial professionals that need or wish to understand the financial aspects of the strategic decision-making process

Daily Agenda

DAY 1:
Linking Strategic Management and Decision-Making with Financial Planning and Budgeting
  • Strategy and Strategic Management
  • Vision, Mission, and Objectives
  • Key Features of Strategic Decision-making
  • Rolling-out and Implementing Strategies
  • Value Creation and Maximisation of Shareholder Wealth
  • Corporate Objectives, Accountability, and Corporate Governance
  • Management Accounting and the links between Strategic Planning and Budgeting
DAY 2:
The Financial Statements and Their Links with Planning and Financial Decisions
  • The Three Key Financial Statements
  • Balance Sheet
  • Income Statement
  • Statement of Cash Flows
  • Sources of Internal and External Financing
  • Cost of Equity, Cost of Debt, and the Weighted Average Cost of Capital (WACC)
  • Capital Structure Models to minimise WACC
  • Preparing a long-term Financial Plan to Determine Financing Requirements
DAY 3:
Costing Systems and Measurement Systems that Support Financial Decision-Making
  • Costs and Activities
  • Cost Behaviour
  • Fixed Costs and Variable Costs
  • Cost-Volume-Profit (CVP) Relationships, Break-even and Sensitivity Analysis
  • Direct and Indirect Costs
  • Activity Based Costing (ABC) and Management (ABM)
  • Refining the Costing System for Improved Decision-making
DAY 4:
Capital Investment Decisions
  • Future Values, Present Values and Discounted Cash Flow (DCF)
  • Capital Budgeting Principles
  • Evaluating Capital Investment Projects using Accounting Rate of Return (ARR) and Payback
  • DCF Evaluation Methods of Net Present Value (NPV), Internal Rate of Return (IRR), Modified Internal Rate of Return (MIRR), Equivalent Annual Cost (EAC)
  • Deciding on which Investment Appraisal Methods to use
  • Capital Budgeting, Capital Rationing and the Profitability Index (PI)
  • Further Factors to Consider in Investment Appraisal
DAY 5:
Linking Performance Measures to Strategic Decisions and Financial Risk Management
  • Linking Strategic Objectives to Key Performance Indicators (KPIs) in a Balanced Scorecard
  • Obstacles to Achieving Strategic Objectives created by the Accounting and Costing System
  • Uncertainty and Risk Analysis
  • Types of Business Risk and Financial Risk
  • Risk Management Principles
  • Development of Risk Management Tools to Mitigate and Minimise Risk
  • Insurance and Hedging
  • Interest Rate Risk and Foreign Currency Exchange Rate Risk

Frequently Asked Questions

There are no prerequisites. Our courses are open to students of all backgrounds who are 18 years of age and older. All courses are conducted in English. Video lectures include English subtitles and the option to slow-down, pause, or replay lectures for better retention. Discussion boards are a critical component of each of our courses; therefore, we suggest students have a conversational knowledge of English when pursuing a Certificate of Completion. For any of the art writing courses, students need to be 100% proficient in written English.

You should have an up-to-date web browser such as: Chrome, Safari, Firefox, or Internet Explorer. For more detailed information, please see the guides for supported browsers and basic computer specifications. Our Online Courses can be accessed on a mobile or tablet device, although we strongly encourage you to have access to a desktop or laptop computer and reliable internet connection for certain course components. Former students have told us it is easiest to read discussion threads and complete written assignments on a laptop or desktop computer.

Registration is available on our website. Just follow these simple steps: Click the “Apply Now” button in the top right corner of your screen. Select “Online Courses.” Choose your course(s). You will be asked for basic contact information and your credit card payment. We require full payment at the time of registration and all tuition is billed in US dollars. Be sure to check with your bank or credit card company, as your financial institution may charge a foreign transaction fee.

Our classes are kept small, at no more than 30 students, to better facilitate and encourage personalized interaction with the instructor and fellow participants. Your classmates come from all over the globe and contribute their global perspectives and experience. Some are currently working within the arts while others are just beginning. All classmates share in their passion for the art world.

It is recommended that you begin your course promptly. If you do need to start the course a few days late, contact your instructor as soon as possible after the course has opened to discuss your options. Registration closes on the Friday after the course begins.

Enroll now

Click on a date to enroll and save your seat
Amsterdam
25-29 Nov 2024
Fee: $5,950
London
16-20 Jun 2025
Fee: $5,950
Paris
28 Jul-01 Aug 2025
Fee: $5,950
Amsterdam
15-19 Sep 2025
Fee: $5,950
London
06-10 Oct 2025
Fee: $5,950
London
17-21 Nov 2025
Fee: $5,950
Amsterdam
01-05 Dec 2025
Fee: $5,950
Course customization available
Course customization available

This training course is available to be conducted at your own pace & at your own time. Request for a quotation now and our training advisor will contact you shortly

    KC Academy
    Typically replies within an hour

    Lily
    Hi there 👋
    My name is Lily. Please tell me how I can assist you..
    1:40
    ×
    Chat with Us