These workshops are aimed at existing and aspiring CFOs (including finance directors/controllers/managers, strategic/business planners and anyone responsible for improving the finance and planning operations) who want to improve their knowledge and performance. They are applicable to both the private and public sector.
Third of a series of workshops, spread out over the year, which will enable you to supplement your knowledge with all the latest tools, techniques and best practices and to drive positive growth and change inside your organisation.
Book the series or chose individual workshops - it could be the defining moment in your career.
Speaker Details
John McKenzie began his career in Ford Motor Company, initially as an industrial chemist, then in quality management and engineering. In 1986 John joined Unipart, initially as Operations Manager and latterly as Business Development Manager with responsibility for internal consulting and change management as well as leadership of the ABC/M team. In this role he became one of Europe’s leading practitioners and experts in the field of ABC.
In 1995 John moved to Armstrong Laing Plc, producers of advanced ABC/M software, as Director of Consulting. In 2000 he was appointed group-wide International Market Development Director.
In 2005, John joined SAS, as Head of Financial Intelligence, responsible for budgeting, financial planning, ABC/M, and performance management software.
To date he has spoken at over 300 conferences and seminars in the U.K., Europe, Middle East, South Africa, Australia and USA, on diverse topics such as Financial Planning, Strategic Management and Accounting, Performance Measurement, Advanced Budgeting, Activity Based Costing and Management and Process Re-engineering.
THIS COURSE IS RUN BY CIMA MASTERCOURSES
Workshop three - cost and profitability analysis
You need to learn how to see beyond budgets and accounting statements to find where the deep cost reduction and profit-making opportunities are. This involves learning new practices and techniques, including ‘lean practice’ and ‘process mapping’ as well as the power of ‘transparent information’.
This workshop will teach you how to:
- learn from ‘lean’ practices (including value stream costing, target costing and lean accounting)
- use process maps and cost drivers to identify and eliminate non-value costs
- use lean practices in both manufacturing and service organisations
- find strategic and profitable products and customers (and deal with those that aren’t)
- reduce expenses (such as travel, marketing, IT, etc.) using various techniques and practices including benchmarking, shared services centres, internal markets, outsourcing and peer scrutiny
Case examples include Toyota, Handelsbanken and Fujitsu.
The course starts with registration and coffee at 9.00 and ends at 5.00. Morning coffee, lunch and afternoon tea are provided.
Based on many insights into how the best CFOs have improved their finance operations, this series provides the opportunity for you to take a career step-change in knowledge and performance. It will cover a wide range of topics including leadership, efficiency, strategy, profitability, planning and measurement.
6 CPD hours (for non-CIMA members)