CFO of the future 3 - cost and profitability analysis

Who should attend?
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.

What you will gain
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.

Programme outline
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 are drawn from a wide range of organisations.

Visit The CFO of the future for details of the full series.

The course starts at 9.30am. Lunch and refreshments are included.
6 CPD hours (where applicable).