Improvement
Target audience
- Management Accountants
- FP&A Analysts
- Strategy Directors
- CEOs
- Industrial Directors
- Process, Industrialization, or Process Improvement Engineers
2 day
New training
Industrial Investment Training
Prerequisites
No prior knowledge is required.
Objectives
◗ Analyze the challenges of the strategic approach to linking the business model to investment decisions.
◗ Identify an asset’s life cycle and the types of investments based on the strategy and context.
◗ Develop a coherent process: identification, evaluation, selection, implementation, and monitoring.
◗ Ensure the planning, commitment, and execution of capital expenditures.
◗ Model and evaluate a business case: overall and financial profitability, ROCE, break-even point, payback period, MCO, IRR, NPV, scenarios, risks and opportunities, sensitivity analysis.
Training program
◗ Understanding the Strategic Alignment of Investments
– The objective of corporate strategy and the challenges of the strategic approach
– The business model: value proposition, market segments, revenue streams, cost structure, activities, resources, and key partnerships
– The four external forces, the market life cycle, and business decisions
– Product/system life cycle, design and cost determination, cost categories, direct and indirect costs
– Strategic cost management: total life-cycle cost, cost variability and uncertainty, learning curve, economies of scale, ReDTC
✔ APPLY | Workshop: Design your business model!
✔ APPLY | Practical exercise: Position the markets in which you operate
✔ EVALUATE | Quiz: In your opinion… What are the tools of business strategy?
◗ Decide on an investment strategy
– What is an investment? Initial funding and expected returns
– Types of investments: mandatory or discretionary, size and thresholds, growth or preservation, divestment
– Asset lifecycle management: investment strategy, planning, acquisition, use, maintenance, depreciation, reinvestment, end of life
– The investment project management cycle: identification, evaluation, selection, implementation, and monitoring
– Investment decisions in the face of uncertainty, perceived risk, and loss aversion
✔ APPLY | Scenario: Investing for Growth or for Maintenance?
✔ APPLY | Workshop: Can You Rearrange These Blocks to Build a Coherent Process?
✔ EVALUATE | Quiz: In Your Opinion… What Is an Investment? How Should This Decision Be Made?
◗ Manage Capex processes
– Capital budgeting: project proposals, wish lists, trade-offs/prioritization, Capex budget, budget carryover, approved Capex
– Integrated planning and strategic reallocation vs. the wish-list approach
– Best practices: collaborative digital database, bi-monthly cross-functional Capex committee, project categorization
– Investment approval, delegation matrix, and the implications of a signature
– Capital expenditure control: planning, ordering, execution, completion, and payment
✔ UNDERSTAND | Illustration: investment budgeting
✔ APPLY | Workshop: a two-axis categorization approach
✔ APPLY | Quiz: In your opinion… What are the critical control points for internal control?
◗ Measure the financial impacts and develop the business case
– Growth requires investment; investments consume cash; investing requires a return on investment
– ROCE, asset turnover, weighted average cost of capital, value creation, and discounting future cash flows
– Why a Business Case: investment decisions, financing, cash flow projections, critical factors, risks, scenarios, and management
– Building a Business Case: input data, calculations, interpretations
– Answering financial questions: overall and financial performance, break-even point, payback period, MCO, IRR, NPV, scenarios, constraints, sensitivity analysis, risks, and opportunities
✔ APPLY | Practical Case Study: First, outline your business model; at the same time, identify the key success factors; and also conduct a SWOT analysis
✔ APPLY | Practical Exercise: Build a business case—input data, calculations, interpretations
✔ EVALUATE | Quiz: In your opinion… What are the main findings of the business case?
Why choose this course?
Investment is a long-term endeavor, and capital expenditures represent a commitment to the future.
This training helps participants formulate decisions objectively and comprehensively, manage investments from start to finish, and use the business case as both a strategic and a management tool.
Teaching and assessment methods
Before the training: Submit your expectations via your online portal 15 days before the training begins and complete a self-assessment of your skills.
Teaching Methods: A variety of teaching methods to cater to different learning styles, encourage active participation, and reinforce learning through experimentation and practice.
Educational materials: presentation materials, reference materials (summary sheets, tables, etc.), and other resources available in your account.
During the training: theoretical concepts are alternated with examples drawn from real-life cases. Participants are given the opportunity to engage in role-playing exercises. Numerous practical exercises allow participants to demonstrate their mastery of the skills as the training progresses.
Training monitoring and evaluation: attendance sheet and certificate of completion. Immediate and post-training evaluations conducted using the LearnEval platform.
Price
1,860 EXCL.