Day 1:
Fundamentals of Financial Planning and Risk Management
Understanding the key principles of financial planning and risk management.
Exploring the relationship between financial planning, risk management, and strategic objectives.
Identifying financial risks: categories, sources, and potential impacts.
Tools and frameworks for financial forecasting and scenario analysis.
Day 2:
Risk Assessment and Mitigation Techniques
Conducting a financial risk assessment: methodologies and best practices.
Developing risk mitigation strategies for critical operations.
Applying quantitative techniques: risk modeling and sensitivity analysis.
Case studies: Lessons from organizations facing financial challenges.
Day 3:
Integrating Financial Planning with Strategic Decision-Making
Aligning financial plans with organizational goals and priorities.
Ensuring resource optimization to support strategic initiatives.
Utilizing Key Performance Indicators (KPIs) for financial monitoring.
Strategic communication of financial risks to stakeholders.
Day 4:
Contingency Planning and Stress Testing
Designing contingency plans for financial disruptions.
Understanding the role of stress testing in financial risk management.
Scenario planning for unexpected financial events.
Practical exercise: Developing a contingency plan for a case scenario.
Day 5:
Implementing Financial Resilience and Review
Embedding risk management into financial planning processes.
Monitoring and evaluating the effectiveness of financial plans.
Continuous improvement in financial and risk management strategies.
Final workshop: Creating a financial risk management strategy for your organization.
