Control costs and maximise value by learning about the value creation process.
Description
This course provides you with the knowledge to identify your organisation's value creating processes and control costs whilst maximising organisational value.
Key topics:
- What is value creation and why is value creation relevant to cost control?
- Identify and describe transformational activities
- Identify and describe enabling/support activities
- Value creation through cost control opportunities
- The value creation implementation plan
This course consists of one online course and one online assessment.
Learning objectives
- Explain the value creation concept and how it applies to your organisation
- Discuss why costs are incurred and how to analyse cost structures and activity levels
- Implement ideas to generate immediate improvement in your organisation through value creation and cost control
Audience
This online course is designed for people working in corporate entities, small to medium enterprises and not-for-profits, in areas such as management accounting, financial management and financial control.