Managing Financial Risk in an Economic Downturn

Transcription

1 ISO 9001:2008 Certified ISO 29990:2010 Certified (Certificate No: ) ISO (Certificate No: ) Managing Financial Risk 30 October - 01 November 2016 Abu Dhabi 02Aug16 The PMI Registered Education Provider logo is a registered mark of the Project Management Institute, Inc.

2 Managing Financial Risk November 2016, Kuala Lumpur Fees: US$ 5,500/- Introduction The level of exposure to financial risk is a very important indicator of the financial health of a business. Organisations having higher levels of financial risk are particularly vulnerable when there is a downturn in economic activity. During an economic downturn the real-life practical problems and risks faced by us all on a daily basis take on an increased significance. The financial problems faced in an economic downturn may have a critically adverse impact on individual and organisational performance and so it is crucially important to be able to use the appropriate management tools to resolve them and avoid their repetition. This seminar takes a very user-friendly approach to enable participants to identify various forms of financial risk and business risk, use root cause analysis to determine the source of resultant business problems, and then use the tools and techniques of the problem-solving process and identify appropriate actions. The Instructor s own commercial and industrial experience plus many other real-world business scenarios are shared throughout this seminar to reinforce the use of such tools and techniques. This seminar will highlight: The various types of financial risk, and business risk Root cause analysis of business problems Problem-solving tools and techniques Practical solutions to resolve business problems Objectives By the end of this seminar participants will have learned how to: Develop the essential skills needed to understand risk Analyse the choice of options available to deal financial risk Identify the keys factors to determine the real root causes of business problems Resolve business problems using the problem-solving process Develop a methodology to eliminate the repetition of business problems Training Methodology Seminar methodology includes its presentation in a very user-friendly way to suit individuals with varying levels of financial knowledge and business experience. The seminar will be conducted along workshop principles to ensure the development of transferable skills and knowledge using formal presentations, numerous worked examples, and real-world scenarios. Discussion of current issues, policies and procedures, together with interactive team case studies and exercises, and videos reinforce the application of each of the learning points and topics covered. Our aim is to make this seminar an enjoyable learning experience. Organisational Impact Participants in this seminar will provide benefits for their organisation through the enhanced knowledge and set of skills that they will take back to the workplace: Successfully building integrated problem-solving teams Using best practice to make better-informed and therefore improved management decisions Increasing their knowledge of contemporary techniques that can be shared throughout the organisation Facilitating the continuous and radical re-design of business problem-solving techniques to international standards Ensuring that the risk management culture permeates throughout the entire organisation

3 Personal Impact Participants in this seminar will greatly improve their understanding of risk and use the techniques of root cause analysis and problem-solving to resolve real business problems through: Developing their professional skills of critical analysis and problem-solving Increasing their knowledge of the latest tools and techniques of root cause analysis and problem-solving Being able to make better-informed and improved business decisions Liaising more effectively with other departments, colleagues, and other business professional with regard to current best practice Improving their self-confidence to be better placed to deal with financial and other professionals with regard to financial risk and other business problems Who Should Attend? The business problems faced during an economic downturn have a significant impact on the financial performance of the whole organisation. Business professionals in every role and at every management level in the organisation have a responsibility to ensure that their business skills toolbox includes the ablility to identify such problems and to use the appropriate management tools that ensure that they are effectively resolved and are not repeated. This seminar enables participants to identify financial problems, particularly those faced during an economic downturn, and it is suitable for a wide range of participants from companies, corporations and government organisations, and will greatly benefit business professionals and managers working in: Sales and Marketing Finance and Accounting Planning and Budgeting Estimating and Costing Operations Facilities Management Engineering Procurement Logistics Project Management Exploration Management Asset Management Quality Management Human Resources and senior managers and other managers interested in managing financial risk and business risk, root cause analysis and the problem-solving process.

4 21-25 November 2016, Kuala Lumpur SEMINAR OUTLINE Fees: US$ 5,500/- Day 1 Business Risk and Financial Risk What is risk? Identification of the different types of business risk and financial risk The risk-reward decision model The choices presented in response to every risk Risk models Assurance versus insurance Day 2 Identifying Problems and their Causes, and Problem-Solving Fundamental elements of the root causes of problems General principles of root cause analysis (RCA) Implementing RCA-based corrective action technique The Deming plan/do/check/act (PDCA) model Using the problem-solving worksheet Using the tools and techniques of the problem-solving process Day 3 Actions to Resolve Business Problems Using the problem-solving process to resolve business problems The practical analysis of business risk The practical analysis of financial risk Applying the tools and techniques of root cause analysis Developing a usable problem-solving approach to generate practical solutions to real-life business problems

5 Managing Financial Risk 30 October - 01 November 2016 Abu Dhabi Course Fees - USD 3,500 ( per delegate ) REGISTRATION DETAILS DELEGATE NAME: DESIGNATION: COMPANY: ADDRESS: CITY: COUNTRY: TELEPHONE: MOBILE: FAX: AUTHORISATION DETAILS AUTHORISED BY: DESIGNATION: COMPANY: ADDRESS: CITY: COUNTRY: TELEPHONE: MOBILE: FAX: PAYMENT DETAILS Please invoice my company Please invoice me Cheque payable to GLOMACS CERTIFICATION Successful participants will receive GLOMACS Certificate of Completion 4 WAYS TO REGISTER À +971 (04) (04) Á info@glomacs.ae < TERMS AND CONDITIONS Fees Each fee is inclusive of Documentation, Lunch and refreshments served during the entire seminar. Mode of Payment The delegate has the option to pay the course fee directly or request to send an invoice to his/her company/sponsor. Credit card and cheque payments are both acceptable. Cancellation / Substitution Request for seminar cancellation must be made in writing & received three (3) weeks prior to the seminar date. A US$ processing fee will be charged per delegate for each cancellation. Thereafter, we regret that we are unable to refund any fees due, although in such cases we would be happy to welcome a colleague who would substitute for you. Hotel Accommodation is not included in the course fee. A reduced corporate rate and a limited number of rooms may be available for attendees wishing to stay at the hotel venue. Requests for hotel reservations should be made at least three (3) weeks prior to the commencement of the programme. All hotel accommodation is strictly subject to availability and terms and conditions imposed by the hotel will apply. Attendance Certificate a certificate of attendance will only be awarded to those delegates who successfully completed/attended the entire seminar including the awarding of applicable Continuing Professional Education Units/Hours. Force Majeure any circumstances beyond the control of the Company may necessitate postponement, change of seminar venue or substitution of assigned Instructor. The Company reserves the right to exercise this clause and implement such amendments. Fair Access / Equal Opportunities In the provision of its services as a world-class Training Provider, the Company is committed to provide fair access / equal opportunities throughout the delivery of its courses and assessment leading to the completion of training seminars, or 3rd party qualifications/certifications. Connect with Us On LinkedIn P.O. Box Dubai, U.A.E. T: +971 (04) F: +971 (04) E: info@glomacs.ae W: Scan the QR Code* to visit and connect to our LinkedIn profile. *Requires QR code reader/scanner application to be installed on your smartphone.