Managerial Megatrends and Financial Control

Managerial Megatrends and Financial Control by David Allen

It is almost a cliché to say that we are living through rapidly changing times, but it is vital that financial directors and controllers are alert to its implications. This course takes you through the predominant changes in the business environment and how they have impacted management practice.

The course looks at both general management and then the control function. It takes you through a range of scenarios which help you think about how you and your organisation can respond to today’s challenging environment.

Managerial Megatrends and Financial Control is a peer-enriched learning course. Peer-enriched learning courses stimulate intelligent dialogue and debate and provide a valuable and evolving resource of professional knowledge and experience. These courses are topical, practical and highly relevant to today’s changing market.

Each module is split into two activities: Understanding the issues and Putting it into practice. The first encourages you to think about a topic, drawing on your own professional experience and knowledge. The second helps you to put ideas and/or theories into practice as part of your day-to-day work.

• Understand the origins of Volatility and its impact on management
• Appreciate the importance of the growing emphasis on strategy
• Develop a forward looking, outward looking and dynamic financial management model
• Understand the transition from old models to new, and think about how their business can adapt

Volatility:
• Dealing with developments
• Pension problems
• Stakeholders and sustainability
• Market research

Management generally:
• Accounting weakness
• A capital idea
• Finance appreciation
• As and when
• Equality control

Control:
• Deming’s way
• Chairman management
• Synthesizing up
• Changing the system

Transition:
• An acquired accountant’s approach
• Total quality management

This course is designed to appeal to all professionals, both in the finance function and other areas, who want to embrace new ideas, theories and ways of working.

David Allen is a past president of CIMA and a past chairman of the Management Accounting Committee of the International Federation of Accountants. He was employed for many years by Cadbury Schweppes group holding directorships with various subsidiary companies, notably Cadbury Ltd.