Finance professionals today can no longer be merely responsible for financial records only - they also need to be analysts and interpreters of data, and trusted advisers and educators to the board and senior management team, especially with respect to strategy and financial policies. This course will help finance professionals understand how a board deals with the performance aspect of its role.
Overview
Finance professionals today can no longer be merely responsible for financial records only - they also need to be analysts and interpreters of data, and trusted advisers and educators to the board and senior management team, especially with respect to strategy and financial policies. This course will help finance professionals understand how a board deals with the performance aspect of its role.
Key topics:
- Conformance and performance
- What is strategy?
- Strategy roles of the board
- Strategic planning
- Integrating strategy with governance
- Enacting and implementing strategy
- Strategy performance measures
- Stakeholder strategy
- Stakeholder engagement
- Policy formulation
- Policy framework – development, review and update
- Delegation of authority
- Organisational policies
Objectives
- Explain the role of the finance professional in the development and execution of strategy, and describe why this is important
- Explain the role of the finance professional in relation to the organisational policy framework, and describe why this is important
- Maintain a long-term focus on organisational performance through appropriate strategies
- Support the organisation by:
- effectively managing risk
- effectively managing shareholders and stakeholders
- effectively managing change
Audience
This course is suitable for finance professionals who need to understand corporate governance in detail.
