LEAN FINANCE - ENHANCE YOUR FINANCE INTELLIGENCE
SKILL AND CAPABILITIES
SYNOPSIS
Bring your finance function to the next
level of success with lean Finance! Discover how you can provide management
with daily performance information needed to support continuous improvement to
your organization’s practices and processes. By applying Lean principles, you
can provide real-time quantitative insights to the performance of business
processes, thus enabling management to take corrective actions and be in
control of the processes.
With this, you can reap the benefits
that lean finance generates in the form of better quality, shorter lead times
as well as the added capabilities gained from personnel, equipment and space.
TRAINING OBJECTIVES:
This programme seeks to enable you to:
Understand how Lean
Finance will lay a Foundation for Success
Understand the Critical
Roles of the Finance Function
Provide highly competitive competence in your performance,
Apply the tools and techniques to provide real time
quantitative insight into performance of processes,
Understand the unprecedented pressure to eliminate
waste, boost efficiency and freeing up capacity,
Eliminating non-value added activities and freeing
resources to accelerate lean journey,
Cultivate a mind-set of continuous improvement
Do it right the first time and every time
Use metric to shape behaviour
Make real improvement by aligning operations to value
stream
COURSE OUTLINE
Day I
Day I
Icebreaker
MODULE: 1
Lean Principles and Practices
What are lean principles and practices?
How do they work?
Direct, drive and deliver Value creation through 5Rs
What are 5Rs?
How those 5Rs
being employed through Lean Implementation?
MODULE: 2
Financial,
Non- Financial Ratios and Lean Performance Indicators
Back to Basics
Why numbers are important?
Numbers are the language of Business
Improvement
How to read the story beyond the
numbers?
What are the lagging and leading
indicators?
Value Stream Concept, approach and
uses
What are the “Plain English”
Statements?
Metric
measurements, how to develop and use them?
MODULE: 3
Holistic Approach
What are the 6Ps?
How to
unleash your potentials?
Cause and consequence
How to effectively transformation from Tradition to LEAN?
How to effectively transformation from Tradition to LEAN?
How to Learn
and Grow?
Day II
MODULE: 4
Lean
Accounting, Qualitative Aspects and Essential Skill
What is Lean Accounting?
Quality aspects in term of needs, gaps and culture; how to assess
Shape team purpose and productivity; how to
Adopt best practices
Quality aspects in term of needs, gaps and culture; how to assess
Shape team purpose and productivity; how to
Adopt best practices
Metric measurements shape behaviour:
how to
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?
Sum up / Q & A / Discussion
How to effectively employ the new strategic tools and technique?
Sum up / Q & A / Discussion
MODULE: 5
Qualitative
aspects
The following issues will be covered:-
a. Integrity
b. Lean thinking
c. In pursuit of perfection
d. Culture of empowerment
e. Conscious to unconscious competencies
f. Dynamic, enthusiastic, energetic
g. Innovative, multi- dimensional perspectives
h. Culture
of empowerment
MODULE: 6
Big
picture of the
organization Success
Use key performance indicators aligned to value
creation; how to
Different perspectives and definitions:-
a. Business
acumen,
b. Enhance
Shareholders’ value,
c. Understand
their role in the big picture
d. In
pursuit of Perfection (concept and uses)
End of Day II
Day III
MODULE: 7
Economic
and Business Outlook
What need to be done in this Uncertain,
Volatile, Complex and Ambiguous World;
Change is
certain & how to embrace change mind-set?
Discussion
Why and how
to focus on new opportunities & priorities
Adopting
growth mindset
How to learn, Unlearn and relearn
How to learn, Unlearn and relearn
MODULE: 8
Focus Area,
Key opportunities and Priorities
What are the
key challenges and opportunities
Mastery, departure and making
transformation
Redefine your destination
Lean is a journey per se
How to bring those lessons to your
organisation
Lean driver
MODULE: 9
A Plan
to Take Home
This session will challenge the
participants to think about roadblocks and pitfalls to Lean implementation
Sum
Up/ Q & A
Key take-back messages
END OF DAY 3
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