MINI MBA - STRATEGIC PLANNING & EFFECTIVE BUDGETING

TRAINING OVERVIEW

In today's dynamic business landscape, managers must possess a diverse set of skills to navigate the challenges and complexities of the corporate world. From developing effective strategies to conducting risk analysis, negotiating deals, and mastering budgeting and cost control, the demands on managerial talent are multifaceted. In an environment marked by uncertainty and rapid change, both top-level executives and middle managers are tasked with the dual mandate of long-term vision and short-term action. The ability to adapt swiftly to evolving circumstances is no longer just a desirable trait but a necessity for success. This five-day DixonTech Mini MBA training is designed to equip managers with the essential skills and knowledge to excel in strategic planning and effective budgeting. By providing a structured framework and practical insights, this course empowers professionals to tackle both immediate challenges and long-term responsibilities with confidence and proficiency.

TRAINING TOPICS

• Module 1 - Strategy, Risks, Negotiation & Leadership
• Module 2 - Effective Budgeting & Operational Cost Control

By the end of this training course, delegates will be able to

• Gain an understanding of strategy and strategic thinking
• Learn about risk management and mitigation
• Practice negotiating and learn top tips for effective negotiations
• Develop skills in budgeting and cost control
• Understand how financial measurement supports strategic success

TRAINING IS TAILORED TO

• Current and potential Managers, and business Leaders at all levels
• Those responsible for developing and leading strategic changes
• Procurement and Client Service Managers responsible for negotiation strategies
• Functional Team Leaders in the governmental or private sector
• Staff Members responsible for budgeting and financial controls
• Non-finance Managers with financial responsibilities

TRAINING METHODOLOGY

In our interactive training sessions, participants engage in hands-on activities, group discussions, and practical exercises designed to reinforce learning objectives and facilitate active participation. Through interactive simulations, case studies, and role-playing scenarios, participants have the opportunity to apply theoretical concepts to real-world situations, enhancing their understanding and retention of key concepts. Our trainers act as facilitators, encouraging collaboration and peer-to-peer learning among participants. Interactive elements such as quizzes, polls, and breakout sessions foster engagement and promote a dynamic learning environment. Feedback mechanisms are incorporated throughout the training to provide opportunities for reflection and continuous improvement. By actively involving participants in the learning process, our interactive training methodology ensures that knowledge is not only acquired but also internalized and applied effectively in their professional roles.

DAY ONE:

MODULE 1: STRATEGY, RISKS, NEGOTIATION & LEADERSHIP

STRATEGY

• Introduction to strategy - background, historical developments, major theories
• Strategic Management – a practical approach for every leader
• A consistent methodology for strategy development
• The relationships between vision, mission, and strategy
• The steps involved in developing a strategy

RISKS

• The meaning and nature of risk
• Identifying the risks in a given strategy
• Prioritizing risks
• Contingency planning
• Risk mitigation strategies 

DAY TWO:

NEGOTIATION

• The everyday role and attitude of ‘Win-Win’ negotiating
• Power - gaining a superior position
• Strategy and Tactics in negotiating
• Understanding your opponent's negotiating style and tactics
• Negotiating Countermeasures

LEADERSHIP

• The strategic role and nature of effective leadership
• Charisma and how to earn it and use it effectively
• The role of the modern leader and how leadership has changed
• Innovative Leadership skills
• Maximizing the performance of each team member
• Motivating the 'Average' employee 

DAY THREE:

STRATEGIC LEADERSHIP WORKSHOP

• Intrapersonal style and skills
• Interpersonal and leadership communication skills
• Leadership and The Challenge of Change
• Strategic leadership for team development
• Developing a personal action plan for further self-development

MODULE 2: EFFECTIVE BUDGETING & OPERATIONAL COST CONTROL

BUILDING A COMMON FINANCIAL LANGUAGE

• The key role of budgeting and cost control in contemporary organizations
• The 21st century business imperative: delivering value added (but to whom?)
• Financial vs. Managerial accounting (for decision-making)
• Understand your processes: integrating financial and non-financial aspects
• The budgeting process
• Examples & Discussion

DAY FOUR:

THE BUDGETING PROCESS

• The key features of budgeting
• Advantages and concerns with bu