REF: | 15490_310013 |
DATE: | 17 - 21 Nov 2024 21.Nov.2024 |
LOCATION: |
Amman (Jordan) |
INDIVIDUAL FEE: |
2900 Euro |
Introduction:
In the realm of finance, decisions are not merely choices; they are strategic moves that can shape the future of an organization. Strategic financial decision-making involves carefully evaluating options, predicting outcomes, and aligning choices with long-term goals.
In the fast-paced and ever-evolving world of finance, strategic decision-making plays a pivotal role in the success of organizations. With the advent of technology, particularly the abundance of data, financial analysts are now adopting a data-driven approach to ensure precision and effectiveness in steering financial strategies.
Targeted Groups:
- Finance Managers
- Strategy, Budgeting and Planning Managers
- Finance and Treasury Professionals
- Finance Analysts and Advisers
- Employees who want to gain great knowledge to improve their career
Targeted Competencies:
- Financial strategic thinking
- Understanding financial statements
- Financial analysis
- Working capital management
- Preparing operating budgets
- Making capital budget decisions
- Financial decision making
- Cost management
- Value management
Course Content:
Unit 1: Importance of Strategic Financial Decision-Making
- Role of Data in Decision-Making
- Understanding Strategic Decision-Making
- Definition and Significance
- Components of a Data-Driven Approach
Unit 2: The Role of Financial Analysts
- Responsibilities in Decision-Making
- Importance of Informed Decisions
- Leveraging Data for Precision
- Sources of Financial Data
Unit 3: Analytical Tools for Decision Support
- Ensuring Effectiveness in Financial Strategies
- Aligning Data with Organizational Goals
- Adapting to Market Trends
Unit 4: Challenges in Data-Driven Decision-Making
- Overcoming Perplexity in Data
- Addressing Burstiness in Financial Data
Unit 5: Human Touch in Data-Driven Decisions
- The Balance Between Data and Intuition
- Integrating Emotional Intelligence
- Building a Data-Driven Culture
- Training Financial Teams
- Fostering a Data-Centric Mindset
Unit 6: Future Trends in Strategic Financial Decision-Making
- Advancements in Technology
- Success Stories of Data-Driven Financial Decision-Making
- Learning from Failures and Adjusting Strategies
- Predictive Analytics in Finance
Unit 7: Tips for Implementing Data-Driven Approaches
- Collaborative Decision-Making
- Continuous Learning and Adaptation
- Analyzing the Impact on Bottom Lines
- Measuring Success
- Key Performance Indicators (KPIs) for Financial Decision-Making
- Evaluating the ROI of Data-Driven Initiatives