Strategic Management and Strategic Cost Management (London)

HRODC Postgraduate Training Institute
A Central London (Inghilterra), Abu Dhabi, United Arab Emirates ( Emirati Arabi Uniti), Abuja, Nigeria (Nigeria) e 47 altre sedi


Informazioni importanti

  • Training
  • Advanced
  • In 50 sedi
  • 30 ore di lezione
  • Durata:
    5 Days
  • Quando:

Limited Objectives: By the conclusion of the specified learning and development activities, delegates will be able to: Provide a succinct definition of strategy, that demonstrates it conceptual internalization. Exhibit a heightened understanding of the 'Strategy Process'. Deconstruct Strategic Decisions, highlighting their major characteristics. The difference between strategy and strategic management, on the one hand, and operational management, on the other.
Suitable for: This course is designed for: General Managers, Managing Directors, Finance Managers, Strategic Planners, Chief Executive Officers (CEOs), Chief Operations Officers (COOs), Chief Financial Officers (CFOs), Senior Level Managers, Business Owners. Entrepreneurs, Cost and management accountants, Financial planners and cost analysts

Informazioni importanti

Requisiti: Degree or Work Experience


Dove e quando

Inizio Luogo
Abu Dhabi, United Arab Emirates
Khalifa Street, 44486, Abu Dhabi,  Emirati Arabi Uniti
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Abuja, Nigeria
Cadastral Zone A0, Central Business District, Abuja, 7069, Nigeria, Nigeria
Addis Ababa, Ethiopia
Kirkos Subcity Kebele, 21555, Ethiopia, Etiopía
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Algiers, Algeria
Pins Maritimes, 16000, Algeria, Algeria
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Algiers, Algeria
Rue Hassiba Benbouali, 16015, Algeria, Algeria
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Amman, Jordan
Bin Ali Street, 11118, Jordan, Jordania
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Cosa impari in questo corso?

Strategic Management
Financial Training
IT Management
Balanced Scorecard
Performance measurement
Strategic decisions
Costing System
Activity-Based Costing (ABC)
Variance Analysis
Cost Behaviour
Cost Management Information
Strategic Cost Management
Cost Hierarchy
Cost Drivers
Activity-Based Management (ABM)
Control Systems
Corporate Strategy Model
Strategic Business Unit
Strategic Position


Course Contents, Concepts and Issues:

Understanding Strategy and Strategic Relations

  • Strategy: A Definition
  • The ‘Strategy Process’
  • Characteristics of Strategy
  • Defining Strategic Management
  • Understanding Strategic Decisions
  • Implications of Strategic Decisions
  • Levels of Strategy
  • What Is A Strategic Business Unit?
  • Relating Strategy to an Organisation’s:
  • Mission
  • Vision
  • Goal
  • Objective
  • Strategic capability
  • Strategies
  • Business model
  • Control
  • The Corporate Strategy Model
  • Strategic Position;
  • What Are Strategic Choices?
  • The Concept of Synergy
  • The Synergistic Effect of Strategic Alliance

Cost Management and Strategy: Conceptual Framework Concepts

  • The Use of Cost Management Information
  • The Issue of “Costing”
  • Creating Cost-Aware Organizations
  • Review of Some Key Cost Concepts
  • Product vs. Period Costs
  • Direct and Indirect Costs
  • Cost Behaviour: Fixed and Variable Costs
  • Problems and Examples

Different Approaches to Costing

  • Absorption (Full) vs. Variable Costing
  • Under-Costing and Over-Costing: The Consequences for Profitability
  • How to Refine a Costing System?
  • Activity-Based Costing (ABC) and Cost-Management
  • Cost Hierarchy and Cost Drivers;
  • Linking Resources, Activities and Management
  • Introducing Activity-Based Management (ABM)
  • Linkages between ABM and ABC – Monitoring
  • Value Creation
  • Fixed and Flexed Budget (Static and Flexible Budget)
  • Rolling Budget
  • Zero Based Budgeting
  • Activity Based Budgeting
  • Master Budget
  • From Costing to Budget: Interpreting Variances (Variance Analysis)
  • Integrating Continuous Improvement into Variance Analysis
  • Problems, Case Study and Exercises

Control Systems and Performance Measurement

  • Financial and Non-Financial Measures of Performance
  • Designing an Accounting-Based; Performance Measure
  • Economic Value Added (EVA)
  • Return on Investment (RIO)
  • Strategic Performance Measurement: Balanced Scorecard
  • New Role for Managers and Management Accountants

Ulteriori informazioni

HRODC Postgraduate Training Institute is registered with the UK Registry of Learning Providers (UKRLP) of the Department for Business, Innovation and Skills (BIS), formerly Department of Innovation, Universities and Skills (DIUS). Its registration number is 10019585 and can be verified at