Building a Well Structured Company

Overview:

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.