Friday, 20 January 2017

ENTREPRENEUR THINKING

ENTREPRENEUR THINKING

SYNOPSIS

The world is changing at a much faster pace than ever before. Global connectivity, smart machines, new media and the evolution of governance are just some of the key drivers reshaping the expectations of all stakeholders have on every business owner and finance function. Playing a critical and strategic role in bringing the much required stability to business and society is a must.

LEARNING OBJECTIVES

At the end of this program, the participant will be able to:-
•    Demonstrate entrepreneur mindset, know- how and required essential key skills that can support business and personal goals
•    See the big picture by constantly communicating their purpose / ideas clearly, compelling and passionately
•    Good and deep understanding of what it takes to be successful entrepreneur;  
•    Craft and formulate a more agile and productive team by employing ccreative solutions
•   
Understand what key decision makers are looking for
•    Continuous learning by pursuing perfection
•    Ownership and accountability for their team through leadership by example
•   
Identify the key drivers for success in line with their goals by responding to the external changes
•    Ascertain what action is needed by the organisational decision makers in challenging status quo
      Describe the ways in which entrepreneurs perceive opportunity, manage risk, and organize
      resources and add value

COURSE OUTLINE
Day I
Icebreaker

MODULE: 1

Entrepreneurship and Innovation
What is entrepreneurship and Innovation ?
Who is the entrepreneur?
How to be a successful entrepreneur?
How Strategic Planning and Management is link with entrepreneur?
How Entrepreneurs Think?

Direct, drive and deliver Value creation through 5Rs

What are 5Rs?
How those 5Rs being employed through Innovation Implementation?

MODULE: 2

Qualitative Aspects of Effective Entrepreneur
What successful entrepreneurs are looking for?
What strategic questions that must be answered?
How to develop new skills and competencies to deliver increased value?
Qualities of effective entrepreneur
Leadership by example,
Metric measurements, how to develop and use them?
Video/ Games

MODULE: 3
Setting Strategic Direction
What is Mission?
What is Vision?
What is Strategic?
What’s the link and relationship between all these key ingredients?
What are the 5 steps approaches?
What are the factors that caused the strategy fails?

Games

MODULE: 4

What are the New Skills and Competencies required?

Excellent analytical skills in terms of financial, market, statistical and sophisticated modelling techniques
Use of multi-discipline team approach
To integrate inputs from diverse sources
Back by strong commercial acumen characterised by strong product, process and market knowledge
Adopt best practices
Sound, solid and sane problem solving skills
Key metric measurements that shape behaviour
How to apply new strategic tools to create value for the company by looking beyond financial statements
How to effectively employ the new strategic tools and technique?
Building a winning innovative edge 
Video, activities and group discussion

Sum up / Q & A / Discussion

Day II

MODULE: 5

Higher Order Thinking Skills

What is higher Thinking Skills?
Why it is important?
How can it help?

What is Creative?
What is Innovation?
How are they related?

Evaluation and control
How much progress has been made in accomplishing the task?
What is preventing us from moving forward?
What adjustments should be made to the initial strategic and operating plans?
Is there a need to revise the strategic objectives?

Games

MODULE: 6

The strategic roles of entrepreneur

What are the strategic involvements?
The challenges and opportunities for entrepreneur
How the entrepreneur is directing, driving and influencing organizational strategy
Entrepreneurship and decision making in:-
a.     Enhancing Shareholders’ value,
b.     Understanding their role in the big picture
c.     Pursuit of Perfection (concept and uses)

Games

MODULE: 7

Key Challenges and Opportunities

What need to be done in this Uncertain, Volatile, Complex and Ambiguous World?
Fixed and adapting mindsets;
Change is certain & how to embrace change mind-set? Discussion
Eight steps to successful change -Kotter’s model
How to reinvigorating growth and prosperity?
Why and how to focus on new opportunities & priorities
How to learn, Unlearn and relearn

MODULE: 8

Focus Area & Priorities
Higher order thinking skill;
How to develop Adaptive mindset
Set the appropriate priorities
Developing healthy coping strategies
Challenge Mastery and to have breakthrough results
Employ creative imagination
What are the key drivers?

Activities/ video

Sum Up/ Q & A
Key take-back messages


END OF DAY 2

Saturday, 14 January 2017

LEAN MANAGEMENT : CONTINUOUS IMPROVEMENT FUNDAMENTALS

LEAN MANAGEMENT: Continuous Improvement Fundamentals
Synopsis
In today’s rapidly changing business landscape, the Management’s job is to work on the system to achieve continual product and process improvement. Constant and perpetual improvement in systems of production and service is a must in today’s business environment. Lean management is the strategy for Operational Excellence based on clearly defined values to engage people in continuous improvement in safety, morale, quality, cost, and productivity.
This course covers Lean from both a manufacturing and service perspective.
The learning outcomes
Upon completion of this course, participants will be able to:-
·       Gain an understanding of Lean
·       Master the 5 lean principles
·       Identify and create value by reducing various type of waste
·       Learn how to effectively implement & evaluate changes with PDCA cycle
·       Enhance their capacity for systematic problem solving at all levels: developing a workforce of problem solvers, where everyone is focused on continually driving improvements in safety, morale, quality, delivery, and cost.
·       recognize the importance of Mutual Respect for People especially in the work place (tapping and developing the talents and knowledge of all employees)

Who Should Attend 
This course is designed for frontline employees, team leaders, and managers interested in deploying Lean.
Course Outline
Morning Session
·       Understanding of Lean Management framework
·       The five Critical improvement concept
·       Type of waste
·       Identify the opportunity through eliminating Operational Waste Exercise
·       5 Rs
·       Paradigm shift for improvement

Afternoon Session
Lean Methods and Exercises
·       Mapping: Value Stream, Process & Simulation Game
·       Current and Future Value Stream
·       Visual Management
·       Holistic Approach – “optimize the whole” – Eliminate Waste”-“Build Quality In”-“Deliver Fast”
·       5 Whys
·       Standard Work
·       PDCA



Thursday, 12 January 2017

VALUE INVESTMENT – SOUND, SMART & SOLID INVESTING APPROACH



VALUE INVESTMENT – SOUND, SMART & SOLID INVESTING APPROACH

Synopsis: 

The profession of a value investor can be highly rewarding, for those that possess the necessary skills, discipline, and objective approach. Value investors are able to generate outsized returns on a consistent basis through investment strategies that tend to outperform over a longer-term investment horizon.

Value investing basically involves buying underpriced securities, and selling those that are overpriced – with a great emphasis on the margin of safety. Bill Graham pioneered this approach, while the likes of Warren Buffet gave it the centre-stage exposure that it deserved.

Investing is multi-disciplinary - bring together among others, the elements of finance, strategy, marketing, operations, and financial reporting. This programme aims to provide participants with key investment tools and they can practice with, using real time financial statements.

Deliverables:

This programme seeks to provide you with the ability to:

1.  Identify sound companies with strong fundamentals, suitable for value investing;
2.  Differentiate between growth stock and value stock;
3.  Comprehend which stocks constitute as value stock in term of its characteristics; business and mission.
4.  Understand why this stock can outperform the market and deliver excellent result;   
5.  Address the critical concerns especially in relation to the investors’ perspective.
6.  Understand the economic, business, and financial analysis unique to value investing;
7.  Analyze a range of public-company business for investment purposes;
8.  Value public companies and securities through a range of financial analysis tools; and
9.  Learn about, conduct, and effectively communicate to investors the original investment research focused on publicly listed companies.

TAGET AUDIENCE

Those wanting to start a stable career in investing
Current investors wanting to learn value investing techniques
Those wanting to make money in the stock market, while minimizing risks

OUTLINE
Day I
Icebreaker
MODULE: 1
Understand what makes value investing
·       Icebreaker
·       What makes value investing
·       Formulae
·       Why Qualitative insight is crucial
·       Clear understanding of core competencies & their importance
·       Long term shareholders

MODULE: 2

Holistic Approach  
·       Causes and consequences
·       Financial and Non-financial perspectives
·       The leading and lagging indicators, its relationships & implications
·       Seeing the invisible
·       Multi-dimension to shape its future especially in today’s fast changing world (6 Ps)
·       Hands On experience
  
MODULE: 3
Free Cash Flow

-       Why cash flow is important than profit
-       Cash Conversion Cycle
-       Real application & exercise
-       Understand their stories
-       Its value, vision & mission
-       Identify Core Challenges?

MODULE: 4
Qualitative aspects of the Company
·         Game
·         Brain of the company
·         Why you need three key ingredients of Integrity, Intelligence and Energy that can direct, drive and deliver its excellent results,
·         How value, beliefs and culture play crucial roles and how it has been applied in Walmart.
       Video – empty your mind & its qualities
MODULE: 5

Response well with external changes

·       SWOT
·       Focus on Inner and response well to external changes
·       Like water
·       Core competency and not capability
·       Transformational video
Simple business and its model


Sum up / Q & A / Discussion
Sum Up/ Q & A

Key take-back messages

END OF DAY 1


Tuesday, 10 January 2017

FINANCE FOR NON FINANCE & ACCOUNTING STAFF

2 DAYS COURSE OUTLINE

FINANCE FOR FINANCE & ACCOUNTING STAFF


Objective:

This program is designed to impart basic knowledge to line managers about some common management financial reports to enable them to carry out simple analyses so that they can identify the health of operations and trigger their concerns for making improvement in their own areas of responsibilities.

Deliverable:

By the end of this program, participants will be able to:

1.     Understand the various financial implications that are pertinent to management control and be able to measure effectiveness of operations
2.     Differentiate between the usefulness of financial accounting and management accounting reports
3.     Analyze the financial ratios to identify the company’s financial strength and weakness so that they can create appropriate strategic plans to achieve Company’s vision; 
4.     Carry out simple analyses measuring returns using ROI, opportunity cost, stock management and inventories control ratios through both financial & non-financial KPIs 
5.     Make use of the 9 pointers to have quick CHECK of the company’s financial health
6.    Know precisely what to look for
7.    Gauge with more confidence where the company is heading

Key Topics: 

1.     Essential financial management terminology, information and tools
2.     The importance and limitations of using numbers to predict, plan and control
3.     Essential Financial Statements (Balance sheet, P&L account, Management accounts, Cash flow Plan, Operating Budget Plan etc) and integrated with company strategy and vision;
4.     The relationships, usefulness and limitations of each component of Financial Statements with real-world class cases & what to look for.
5.     Gain financial discernment and confidence to positively impact on bottom line
6.     Understanding the Big Picture of doing Business and enhancing business acumen in management
7.     Looking beyond numbers for completeness and holistic management approach. 
8.     9 Pointers of Financial Analysis; Qualitative, Qualitative and External Aspects
9.     How to achieve Progress, Profitability and Prosperity in today’s rapidly changing world.
10.  Main Types of Non-financial Ratios ( understanding rejection rate, waste ratio, complaint ratio, warranty ratios and delivery on schedule ratio ) to use to analyze the underlying causes and benchmark 
11.  Understanding the difference between core competencies and capability
12.  Understanding, analyzing and using Financial Ratios in management 
13.  Cash Conversion Cycle, Free Cash Flow
14.  Work more effectively with their organizations’ financial personnel
15.  How to response to the rapid changes to External Factors (Market Driven) to stay ahead 
  
Day 1:
Icebreaker

MODULE I. From Vision to Financial Success 
·                From Vision to Financial Plan
·                The link between Vision, Strategies and Operational Plans
·                What is Finance management
·                Learn, Measure and Grow
·                Value creation, eliminating waste & creating flow
·                What are the 5Rs

MODULE II. Fundamental Accounting Concepts Explained

·                Back to Basics
·                What is financial accounting all about
·                Tools
·                Essential Financial management terminologies and tools
·                Real time quantitative insight to the performance of business processes
·                Enable the management to make corrective action and be in control of the processes

MODULE III. How to read, analyze and interpret the Financial Statements

·                What are the major components of the financial statement
·                The relationships, usefulness and limitations of each components
·                Real world class cases 
·                What to look for 
·                Story beyond numbers
·                Major Financial & Non-Financial Ratios
Real cases - Exercise

Day 2:

MODULE IV. Holistic Approach

·                The 6Ps
·                Vision & Strategies
·                Looking beyond numbers for completeness and holistic approach
·                Unleashing team potential
·                Cause and consequences
·                Growing your leadership and lean practices   
·                Aligning with Your Business Objectives
·                From Effectiveness to Greatness

MODULE V. Qualitative Aspects

·                Integrity
·                Culture of empowerment
·                Core competencies vs capabilities
·                Energy
·                Intelligence
·                Multi-dimensional perspectives

MODULE VI. Big Picture

·                Alignment the required behaviors with your business objectives
·                Business acumen
·                Sustainable Shareholders’ value
·                Role in big picture
·                Learn, measure and grow
·                Pursuit of perfection
Real Cases illustration

MODULE VII. Other key Considerations

·                Cash is King
·                What is C.C.C
·                What is FCF
·                Transformation Plans
·                Appropriate Business mindset
·                Adaptability
·                Opportunities
·                Key Drivers
·                Priorities
·                Response to the changes appropriately

Games

Sum Up/ Q & A

Key take-back messages 


END OF DAY II