Introduction:

This training program provides participants with comprehensive knowledge and practical skills essential for establishing a well-structured company, focusing on HR, ERP implementation, and financial modeling. It empowers them to implement effective organizational frameworks and financial systems to ensure operational efficiency and business success.

Program Objectives:

By the end of this program, participants will be able to:

Develop a delegation of authority and organizational structure.
Implement company and departmental policies and procedures.
Design and utilize company and departmental manual forms and workflows.
Build and manage a chart of accounts and record journal entries on an accrual basis.
Create comprehensive financial models for business valuation and decision-making.

Targeted Audience:

HR Managers.
Financial Managers.
ERP Implementers.
Business Analysts.
Startup Founders.
Operations Managers.

Program Outline:

Unit 1:

Foundations of Organizational Structure:

Understanding the principles of organizational structure.
Identifying key roles and responsibilities.
Designing an effective organizational chart.
Building the delegation of authority.
Aligning structure with business objectives.

Unit 2:

Developing Company Policies and Procedures:

Importance of company policies and procedures.
Steps to create comprehensive company policies.
Drafting clear and concise policy documents.
Legal considerations in policy formulation.
Communicating policies to employees.
Monitoring and updating policies.

Unit 3:

Departmental Policies and Procedures:

Differences between company and departmental policies.
Developing tailored departmental policies.
Ensuring consistency across departments.
Practice on departmental procedures.
Evaluating the effectiveness of departmental policies.

Unit 4:

Designing Manual Forms for HR:

Importance of manual forms in HR.
Standardizing company manual forms.
Creating departmental manual forms.
Ensuring compliance with legal requirements
Digital vs. paper-based forms.
Best practices for form management.

Unit 5:

Streamlining Departmental Workflows:

Mapping out departmental workflows.
Identifying bottlenecks and inefficiencies.
Implementing workflow improvements.
Leveraging technology for workflow automation.
Monitoring and optimizing workflows.
Real-life examples of workflow optimization.

Unit 6:

ERP Implementation for Financial Management:

Overview of ERP systems.
Building a chart of accounts.
Setting up ERP modules for financial management.
Data migration and integration.
Practicing on ERP usage.
Case studies on successful ERP implementations.

Unit 7:

Recording Journal Entries (Accrual Basis):

Understanding accrual accounting principles.
Recording journal entries in ERP.
Managing accounts receivable and payable.
Reconciling accounts and financial statements.
Ensuring accuracy and compliance.
Practical exercises on journal entries.

Unit 8:

Fundamentals of Financial Modeling:

Introduction to financial modeling.
Developing a comprehensive statement model.
Key components of financial models.
Best practices in model design and implementation.
Tools and software for financial modeling.
Practical exercises on building financial models.

Unit 9:

Advanced Financial Analysis Techniques:

Conducting business valuation.
Building benchmarks for performance measurement.
Performing analysis buildup.
Cost-benefit analysis methodologies.
Sensitivity analysis for risk assessment.

Unit 10:

Multi-Criteria Decision Analysis:

Introduction to multi-criteria decision analysis (MCDA).
Steps in the MCDA process.
Applying MCDA to business decisions.
Integrating financial and non-financial criteria.
Evaluating alternatives and making decisions.
Practical examples and exercises on MCDA.

Building a Well Structured Company