Agility in Finance
ICP-FIN
Finance As Enabler For Business Agility
Embrace adaptive and dynamic practices in finance to swiftly adapt to changing market demands and unlock growth opportunities. Our Agility in Finance course offers practical insights into aligning financial processes with the Beyond budgeting principles. Learn to allocate resources effectively, develop agile decision-making frameworks, and optimize performance management.
Implement the Beyond Budgeting concept to gain the flexibility needed in today's dynamic business environment. This course equips finance professionals to drive business agility, improve decision-making, and enhance performance.
Join our interactive sessions, share experiences, and gain hands-on learning. Don't miss the chance to become a leading finance professional. Sign up today and unlock new skills and opportunities for success!
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How financial reporting practices can be adapted to support Business Agility by implementing rolling forecasting and adopting reporting cycles aligned with business cycles.
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How to adapt traditional financial practices to support Business Agility; implementing alternative approaches like rolling forecasts, dynamic budgeting, and flexible resource allocation.
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How to transition from fixed budgets to incremental funding models budgets, enabling organizations to allocate resources more dynamically and respond effectively to changing priorities and requirements.
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How to apply Agile principles and Accounting by aligning resource allocation with accountability, collaboration, adaptability, and customer focus and maintaining ethical standards for transparency, fairness, and compliance.
Leaders
Leaders at all levels want to know how to effectively allocate financial resources, develop agile decision-making frameworks, and optimize performance management.
Finance
Finance professionals at all levels want to drive Business Agility and respond effectively to changing priorities and requirements.
Consultants
Consultants that want to deepen their agile understanding to support customers in agile transformations better.
Agile Coaches
Agile coaches want to learn more about the Beyond Budgeting concept for improved decision-making and resource allocation.
Who Is The Training For
What Differentiates Our Training
Interactive Learning
Our approach emphasizes interactive group work, enabling participants to learn from one another through shared experiences and knowledge during engaging group discussions.
Professional Certificate
The course leads to a Professional Certification with ICAgile. To ensure top-quality learning experiences against proven Learning Outcomes, our courses are accredited by ICAgile, a leading global agile accreditation and certification body.
Agile People Campus
With both the online and in-person workshop, you will gain access to our Learning Management System (LMS), where you can delve into the theory and acquire in-depth knowledge of the subject matter at your phase.
Practical Tools And A New Network
The training will teach you new skills and practical tools while establishing valuable connections. As part of our commitment to your agile journey, we organize regular events to enrich your learning experience further.
Upcoming Training
Enhance your professional skills with our Agile People and ICAgile Certification courses. Choose between an immersive 2-day workshop or ten dynamic 2-hour online sessions led by experienced trainers. Each path is designed to boost your expertise and adaptability in today’s rapidly changing business environment.
Gain practical skills and insights to thrive professionally. Register now to take your career to the next level!
Detailed Course Description
Introduction to Agility in Finance
We explore the fundamentals of financial agility, focusing on how financial practices can adapt to rapidly changing business environments. Key topics include the principles of agile finance, transitioning from traditional budgeting to more flexible methods, and the impact of VUCA (Volatility, Uncertainty, Complexity, Ambiguity) on financial strategies.
The session also covers practical tools and techniques for implementing agile practices in financial operations, illustrated with real-world examples to deepen understanding.
Internal and External Challenges
When you wish to make a radical change or transformation, understanding three things enables you to shift. Where are we coming from, where are we now, and where are we heading? This session explores the evolution of leadership theories and the leadership styles and approaches to which they have given birth. We determine what is still relevant. And what needs to change. A big part of that shift comes from understanding the nature of Power & Influence and how we gain power might be changing.
Finally, we look into specific qualities & competencies we can cultivate and develop to increase our agility.
The Solution Overview
We provide an overview of solutions to enhance agility in finance. Key topics include adopting agile methodologies, integrating flexible budgeting processes, and leveraging technology to improve financial decision-making.
We examine practical tools and strategies for aligning financial practices with business goals and ensuring responsiveness to market changes. Real-world examples illustrate the successful implementation of these solutions.
Targets and Indicators
Focuses on setting effective targets and indicators to support agile financial management. Key topics include identifying relevant metrics, aligning targets with organizational goals, and using indicators to drive performance and adaptability.
We provide some best practices for developing flexible and responsive measurement systems. Real-world examples demonstrate how to implement these strategies effectively.
Strategic Resource Allocation
We focus on how to enhance business agility through strategic resource allocation. It covers techniques for efficiently distributing resources to align with organizational priorities and ensuring that these allocations support long-term business objectives while adapting to market changes.
We use agile principles in resource management to allow for quick adjustments in response to new challenges.
Monitoring and Forecasting
We cover the key aspects of monitoring and forecasting within an agile finance framework. This framework emphasizes the importance of continuous monitoring to monitor financial performance and adapt swiftly to changes.
We are exploring advanced forecasting techniques that leverage real-time data and agile methodologies to improve accuracy and responsiveness.
The Solution with Examples
This training session covers the transition from traditional financial management to more dynamic management processes. Key topics include separating and improving budgeting processes, focusing on customer value, fostering collaboration, and using agile contracts.
The session provides practical examples of implementing agile practices in various organizations, highlighting the benefits of flexibility, continuous improvement, and dynamic forecasting. We will learn how to adopt agile principles to enhance financial performance and decision-making.
Effects on Leadership and Culture
We explore how agile finance impacts leadership and organizational culture. Key topics include shifting from traditional hierarchical management to decentralized control, aligning corporate values with agile practices, and fostering a culture of trust and collaboration.
You will learn to adapt their leadership style and create a supportive, agile environment focused on continuous improvement.
Transformation of Roles and Functions
We will cover the shift in finance roles to support agile practices. Key points include the evolving role of controllers, the importance of business control over accounting control, and the influence of automation and real-time data.
You will learn to adapt roles for greater efficiency and business value, focusing on data-driven decision-making and continuous improvement.
Closure and Conclusions
We summarize the transition from the traditional finance function to a more dynamic one. It contrasts traditional VUCA (Volatile, Uncertain, Complex, Ambiguous) with BANI (Brittle, Anxious, Non-linear, Incomprehensible) environments.
Key points include the benefits of agile planning, focusing on customer value, collaboration, and flexible resource allocation. It also discusses the need for a new mindset, separating and optimizing processes, and aligning corporate values with management practices for improved efficiency and adaptability.