Strategic Cost Management in an Economic Downturn 19 - 21 Sep 2016 20 - 22 Nov 2016
Lagos, Nigeria Abu Dhabi
This course is Designed, Developed, and will be Delivered under 15-MAY-16
ISO 29990:2010 Standards & ISO 9001:2015
Strategic Cost Management in an Economic Downturn Why Choose this Training Course?
Who is this Training Course for?
In a volatile global business environment and particularly during an economic downturn there is intense pressure to create and deliver value to key stakeholder groups with minimum waste and maximum cost efficiency. Customers demand quality at the right price, funding providers expect a return on their investment that reflects the risks in today’s global market for capital.
The training course is designed to provide useful insights and practical guidance to managers from a full range of backgrounds and industry sectors, but particularly those facing the challenges of major market and price changes.
The most successful organisations have used strategic cost management to balance these challenging demands. This highly practical course provides valuable insights in to how delegates can apply these cost management principles in their own organisations. This training course will feature: • • • • •
The nature of modern global competition Understanding the nature and behaviour of costs Strategies for planning and managing costs Modern techniques for strategic cost reduction Overcoming barriers to achieving cost reduction
What are the Goals? The training course intends to provide delegates with the principles and practical skills to manage and reduce costs in an economic downturn. At the end of this training course you will be able to: • Analyse the modern global business environment • Understand and explain the nature and behaviour of costs • Use a strategic performance framework to plan and manage costs • Apply modern quality focused strategic tools to reduce costs • Anticipate and overcome common barriers to cost reduction initiatives
www.PetroKnowledge.com
This training course is suitable to a wide range of delegates but will greatly benefit: • Professionals responsible for significant functions and budgets • Design professionals and designers • Production managers • Purchasing and supply chain professionals • Marketing and sales team • Finance heads and budgeting managers
How will this Training Course be Presented? Participants to this training course will receive a thorough training on the subjects covered by the course outline with the Tutor utilising a variety of proven adult learning teaching and facilitation techniques. Training methodology includes: participative seminars, discussion groups and hands-on case studies.
Daily Topics
Quality Certifications
Day One The Context and Drive for Cost Reduction • The global competition for customers and investors • Creating and measuring stakeholder value • The drive for quality and customer value • Developing a winning business model • Building strategic capability through key resources and competences
Day Two Understanding and Planning for Costs • Key costs in global business • Approaches to understanding cost behaviour • Tools for analysing and forecasting business costs • A framework for strategic performance management • Identifying and using appropriate cost measures and targets • Assigning responsibility for managing and controlling costs
Day Three A Strategic Approach to Managing and Reducing Costs • Planning and budgeting for costs • Assigning responsibility for managing and controlling costs • Modern approaches to value and cost reduction • A strategic approach to cost reduction • The need for urgency in strategic cost reduction • Overcoming resistance to change
Member of
Clear Concepts. Clean Environment.
Membership No.: 125094
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Strategic Cost Management in an Economic Downturn
Strategic Cost Management in an Economic Downturn Please use BLOCK CAPITALS to fill in this form. It is important that you read carefully through all information before starting to complete the form.
REGISTRATION DETAILS Family Name ...................................................................................................................... First Name (Mr./Ms.) ...................................................................................................................... Position ...................................................................................................................... Company ...................................................................................................................... Mailing Address ...................................................................................................................... ..................................................................................................................... Telephone Mobile ......................................................... ......................................................... Fax Email ......................................................... .........................................................
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COURSE SCHEDULE 19 - 21 Sep 2016
Lagos, Nigeria
20 - 22 Nov 2016
Abu Dhabi
REGISTRATION FEES US$ 3,500/ - per participant This fee is inclusive of Documentation, Lunch and Refreshments
MODE OF PAYMENT q q q
Please invoice my company Please invoice me Cheque payable to “PetroKnowledge Limited”
WAYS TO REGISTER T: F: E: W:
+971 2 5577 389 +971 2 5577 128 info@petroknowledge.com www.petroknowledge.com
HOTEL ACCOMMODATION Hotel accommodation is not included in the Registration Fee. A reduced corporate rate and a limited number of rooms are available for attendees wishing to stay at the hotel venue. Please make your request for accommodation at least 3 weeks prior to the commencement of the course.
CERTIFICATION A Certificate of Completion will only be awarded to those delegates who attend the entire course
“Training & Development Services for the Oil & Gas Industry” PetroKnowledge Limited P. O. Box 135120 Abu Dhabi, U.A.E.
CANCELLATIONS & SUBSTITUTIONS You must notify the Registrar of cancellations at least 2 weeks before a scheduled seminar in order to be eligible for a credit. If you cannot attend, you may send a replacement from your organisation at no charge. There is a $250 handling charge for all cancellations or rescheduling. We reserve the right to cancel a seminar due to low enrolment. All registrants will be notified in advance and a full refund will be provided upon request. DISCLAIMER Circumstances beyond the control of PetroKnowledge may necessitate postponement, change of venue or substitution of the Instructor. As such, PetroKnowledge reserves the right to implement such amendments.