Course description
Public Sector Strategy and Finance
By attending this course, non-finance staff who need to extend their understanding of finance will learn how this could make a difference to their organization’s financial management. You will understand:
- The role of finance in implementing projects.
- How an organization’s stakeholders affect its financial performance and growth.
- The activities in determining pricing objectives, policies and strategies.
You will also explore:
- The specific role that is required of strategic manager in a public sector organization.
- The complexities of the relationship between paid civil servant and elected politicians in the context of public service planning and delivery.
- How each public service contributes to the economy.
The course will wrap with a summary of the key learning points, followed by an action planning exercise with a view to apply the acquired knowledge and skills immediately upon your return to work. Post-course support is also available in relation to the implementation of your action plan, up to six (6) months following course completion.
Upcoming start dates
Suitability - Who should attend?
This course is suitable for:
- Directors and Deputy Directors, and all other public sector senior officers who work directly to lead politicians and with other public services to achieve broader community outcomes (public health and well-being and economic development).
- Staff who need to extend their understanding of finance to more specific operational activities.
Outcome / Qualification etc.
Learning Outcomes
Upon completion of this course, you will be able to understand:
- The role of finance in project delivery.
- The role of stakeholders and their impact on an organization’s financial performance.
- The processes involved in deciding prices.
- How to focus on ensuring that the authority and its services are fit for purpose in the current, medium and long term.
- A strategic overview of service delivery.
- When and how to ‘intervene’ in the authority’s operations.
- How to implement an Action Plan at your workplace using the knowledge and skills acquired through the course
Training Course Content
Investment and Financial Management of Long-term Projects
- Project Appraisal
- Project Estimation
- Budgeting
- Financial management
Financial Management Stakeholder Expectations
- Identifying stakeholders
- Accountability to stakeholders
- Triple bottom line
- Levels of investor control
Pricing Decisions
- Strategic pricing
- Price structure
- Pricing policy
- Analysing costs and profits
Site Visit
- Industrial visit to a relevant organization.
- An insight into the internal working of companies.
- An opportunity to learn through interaction with practising professionals.
Public Sector Strategic Management
- What is Strategic Management?
- Understanding the Strategic Position of the Organization
- The Strategic Toolkit - Stakeholder Management
Politics and the Public Sector
- Working alongside politicians as they come and go
- Civil servants Working directly with elected representatives
- Aligning service and political objectives
- Maintaining strong corporate governance and continuity of service delivery
Aligning the Public Sector to Support the Economy
- Skills and job creation
- Facilitating a dynamic and productive environment for business development
- Assisting new businesses to establish and grow
- Public services providing a 'showcase' for modern Working practices
Site Visit
- Industrial visit to a relevant organization.
- An insight into the internal working of companies.
- An opportunity to learn through interaction with practising professionals.
Course Review
- Summary and recap of key learning objectives
- Action Planning
Why choose London Business Training & Consulting
Management consultation service
Paperless service delivery model
Flexible open course schedule
Expenses
Course Price: £5715.00 + VAT
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London Business Training & Consulting
London Business Training & Consulting (LBTC) is the UK’s premier business and management training and consultancy service provider. LBTC offers 600 management training courses in sixteen (16) subject categories of durations ranging from 1 day to 11 weeks. This includes 90-minute interactive live...