02/07/2008: The Chartered Institute of Management Accountants: Planning and budgeting

To make a booking please go to: www.cranfield.ac.uk/som/pb or e-mail: Jacqueline.hall@cranfield.ac.uk
Venue: 26 Chapter Street, London SW1P 4NP, London

Are you gaining a competitive advantage from you planning and budgeting process? Many organisations are by re-engineering their approach. Two major trends are emerging: Predictive planning and beyond budgeting.

Predictive planning links physical activity to the planning and budgeting process through creating a single shared plan. The organisation can work together to integrate business activity with the budget.

Beyond budgeting relies on managing without a budget. The focus shifts from retrospective reporting and control to responding to the market and reacting quickly and flexibly to evolving events.

Drawing on Cranfield’s research and on insight from practice, this conference will present the current problems in planning and budgeting and why some approaches no longer work in practice.
The speakers will illustrate the new ways of working being adopted by leading companies. Their hands-on experience will be supported by wide research into emerging practice giving you clear insights for reshaping the process in your own organisation. The companies adopting these approaches clearly believe that they gain significant competitive advantage from the way they run their business. The benefits of effective planning and budgeting - and the impact it can have on share price - will be discussed.

Who will benefit:
CEOs
Managing directors
Finance directors and financial controllers
Management accountants and financial analysts
Business planners and managers
Operational directors and managers
Strategy managers
Change management directors.

What you can gain:
Insight into the latest approaches to planning and budgeting
Practical examples of what has been seen to work in other leading organisations
Hear how you can direct and motivate your managers through the planning and budgeting process
Understand the challenges and benefits
Participate in discussion and networking with colleagues.

For further information on speakers and conference programme, click here.