Introduction
This GLOMACS Corporate Finance and Financial Strategy training course equips finance and business professionals to make sound financial decisions that create lasting corporate value. In today’s dynamic markets, organisations face intense competition, demanding investors and complex strategic choices, and inappropriate financial strategies can turn a successful business into a failure. Combining up-to-date theory with hands-on financial modelling, this training course links competitive strategy with funding, investment and risk decisions, enabling participants to take an active role in developing and applying financial and business strategy.
Participants will learn how to finance the business from the most effective sources, determine the optimum capital structure, appraise capital investments with proven discounted cash flow techniques, and manage business and financial risk, including treasury, international trade and market volatility exposures. The training course concludes with corporate governance, long-term growth strategies, business model disruption, mergers and acquisitions, and restructuring, preparing delegates to defend and grow the business with confidence in a competitive global environment today.
This training course will highlight:
- The vital link between competitive strategy, financial strategy and corporate finance
- Designing a funding strategy and optimum capital structure by assessing the most effective sources of finance, and learning from the financing decisions of successful global companies
- Evaluating projects and capital investments using practical, up-to-date appraisal tools
- Applying an integrated approach to financial risk management in volatile markets, and selecting the best technique for your business
- Key strategies for the long-term growth and defence of the business, including mergers and acquisitions
Objectives
At the end of this training course, you will learn to:
- Contribute to strategic financial decisions in competitive markets
- Develop measures of financial performance and strength
- Evaluate finance options and design capital structure
- Appraise investments and build Excel financial models
- Manage risk and advise on long-term growth strategies
Training Methodology
This highly participative, workshop-style training course combines formal lectures and demonstrations with a thorough review of the relevant theory, followed by life-like business case studies. Delegates will work individually and in groups on interactive worked examples, simulations and discussions, and will build financial models in Excel. Detailed handouts and examples of software tools will support later review. Participants will also analyse a company of their choice and make informed recommendations on its performance.
Organisational Impact
The Organisation will have the following benefits;
- Improved strategic analysis and strategy formulation
- Techniques for applying financial performance measures
- Sound, better-informed management and investment decisions
- Effective control of cash flow, liquidity and risk
- Greater awareness of growth and defensive strategies
- Finance knowledge and analysis shared across departments
Personal Impact
At the end of this training course, the participants will gain the following;
- Apply strategic analysis and develop effective business strategies
- Measure and analyse financial performance with powerful tools
- Build Excel financial models for sound financial decisions
- Use instruments to manage risk, cash flow and liquidity
- Liaise on planning and budgeting; assess techniques critically
- Understand business disruption and contribute to organisational goals
Who should Attend?
This training course introduces essential corporate finance and financial strategy skills to professionals across disciplines and industry sectors. It particularly suits those in management, planning, finance and business decision-making roles.
This training course is suitable to a wide range of professionals but will greatly benefit:
- Financial managers, finance and treasury professionals
- Strategy, budgeting and planning managers and head office team members
- Corporate decision-makers, managers and those with financial responsibilities, and professionals acting on the financial decisions of others
- Capital investment, investment, risk and return, and market trends analysts and advisers
- Mergers and acquisitions specialists, auditors and management accountants
Business and Financial Strategy – The Vital Link
- The role and scope of corporate financial management, and the financial environment post banking crisis
- The purpose and goals of the firm, the objectives of the organisation and stakeholders’ needs
- The aims and principles of competitive strategy, and the role of financial strategy in business success
- Tools for strategic analysis and strategy development
- Building a winning business model
- Implementing an effective performance management system
- Financial planning: budgeting and beyond
- Managing international trade, including methods of payment such as letters of credit and collections, with their benefits and risks
Financial Performance Management and Shareholder Value
- Understanding, analysing and interpreting financial statements
- Agency theory and its impact on the business’s goals
- Investor and stock market behaviour: share price drivers
- Key concepts in measuring shareholder value
- Understanding cost behaviour and profit
- Measuring and improving return on investment
- A strategic approach to cost reduction
- Managing and enhancing shareholder value
The Financing Decision: Funding Strategy and Liquidity Management
- Sources of business finance: long-term equity and debt, including types of equity capital and types of debt, and short-term sources of finance
- Financial gearing – risk and impact on profitability
- The optimum capital structure and leverage: theory and practice – equity or debt?
- Calculating the company’s cost of capital: Weighted Average Cost of Capital (WACC) and the Capital Asset Pricing Model (CAPM), including their implications and when and how to use them
- The dividend decision
- Cash flow and liquidity management
- Designing and building financial models in Excel, and their application to cash flow forecasting
- Predicting corporate distress and failure
The Investment Decision: Capital Investment, Risk and Treasury Management
- Capital investment management and establishing forecast cash flows, including international issues such as exchange rate risk and transfer payments
- Tools for capital investment appraisal and decision-making: Payback, Discounted Payback, Accounting Rate of Return (ARR), Net Present Value (NPV), Internal Rate of Return (IRR) and Modified IRR (MIRR)
- Using Discounted Cash Flow (DCF) tools in Excel, and financial model application to capital investment appraisal analysis
- Analysing the investment decision using what-if analysis, sensitivity analysis and simulation
- An integrated approach to risk management: identifying financial risks, both internal (SWOT analysis) and external (PESTLE analysis)
- Tools for identifying, measuring and analysing business and financial risk, and decision-making under conditions of risk
- Developing and implementing a risk management strategy, using financial instruments to manage financial risk
- Establishing a treasury department, and treasury and risk management techniques
Corporate Governance, Corporate Strategy and Business Growth
- The purpose and principles of corporate governance and Corporate Social Responsibility (CSR)
- Corporate and financial strategy: defending and growing the business
- Long-term business growth strategies
- Why even great companies can fail?
- Understanding business model disruption and innovation killers
- Joint ventures, mergers and acquisitions: valuation, risks and benefits
- Financing a merger or acquisition
- Business restructuring and reorganisation, including capital reconstruction
- Upon successful completion of this training course, GLOMACS Certificate will be awarded to the delegates. Continuing Professional Education credits (CPE): In accordance with the standards of the National Registry of CPE Sponsors, one CPE credit is granted per 50 minutes of attendance
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