Good managers are able to progress through their organizations by virtue of their functional skills and capabilities. But sooner or later they will need to justify their plans and proposals in financial terms and at a higher level. At this point their functional skills will be insufficient to enable them to promote their ideas confidently or to contribute effectively to board-level discussion.
Strategic Finance has been designed to help you develop financial skills in: appraising business ideas, evaluating business performance, identifying potential for improvement and reaching better business decisions. You will learn how to recognise, assess and propose value-creating initiatives in your organization. Above all, you will learn how to communicate your thoughts, ideas and conclusions more confidently and more effectively at executive committee and board level.
Content and Structure
You will receive pre-program reading three weeks before the program starts. You will also be sent a link to the program's online portal, where all material will be posted.
Day one looks at how to analyse and assess the performance of a company:
The link between Strategy and Finance (see the who is it for section if you want to strengthen your strategy skills prior to Strategic Finance)
Understanding the company’s basic financial statements
Interpreting company accounts
Carrying out a systematic financial analysis to assess the underlying performance of a company
Using analytical techniques to determine whether reported financial performance is likely to be sustainable
Day two covers how to make investments and create value:
Using discounted cash flow techniques to determine whether a company is generating value for its shareholders
Understanding and applying the concept of shareholder value creation
Applying models and frameworks to assess the value of different strategies, having regard to risk
Valuing a business using a variety of techniques
The final day brings strategy and finance together, culminating in an exercise in which many of the skills covered during the week are consolidated in the presentation of a business plan for a new venture, based on a case study:
Developing an appropriate financial strategy for a company
Using the tools and techniques learned on the program to build a business case
Integrate the tools into a structured business decision-making process and presentation
Tutors will facilitate a virtual follow-up session for the group six weeks after the residential phase. This will allow you and the other participants in the group to review your actions and support you all to make further progress. You will also be able to contact your tutors for ongoing guidance.
You will become a member of the Ashridge Alumni network which is an excellent opportunity to continue your personal development and networking.
You are also given continued access to your online program portal and Virtual Ashridge content for six months after the residential phase. Ongoing support and further learning opportunities are available with Ashridge Momentum.
All Ashridge Open Programs are taught in English, find out
how we can help you to improve your English.
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“A truly insightful course, showing in great detail all of the key elements of corporate finance and strategy.”
Adrian Hughes, Managing Director, Time Inc UK Ltd.
“Excellent introductyion to strategic finance - challenging but in a good way!”
Cordelia Kelly, Senior Legal Councel, DONG Energy
“Excellent teaching style, well structured in a truly amazing location.”
Gary Blythe, Head of Supply Chain, United Biscuits Ltd.
“This was the best finance program I've ever had and David Smith is a great teacher for finance!”
Katharina Rath, Head of HRD, Continental Automotive GmbH
“First class, focused learning which delivered what it promised in the prospectus.”
Kathryn Pennington, MD, Westco Properties Ltd.