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BI002 – Restructuring the Small and Medium Sized Business (RYB)

Business Improvement Programmes

Regional economic integration like the Asean Economic Community in the coming year will bring more competition to local businesses. Stagnant prices and increasing operating costs will keep pressure on your company profits and cash flows. Your quick response to protect your business is crucial and we are here to assist you. There is NEVER a better time than NOW.

This is the best time to shed the extra fat, the deadwood, bad systems and poor customers. It is time to re-engineer your business, keeping it lean and agile. Stay effective, Stay Efficient, To Stay Alive. You must act NOW.

Re-engineer your business to sail through with minimal damage and maximizing potential for strong and full recovery. Identify your company strengths and remedy its weaknesses and make neccessary changes fast to stay ahead.

Subject Description
Objective This programme is aimed at providing a clear, concise and comprehensive outline response plan for business people to mitigate the effects of economic slowdown resulting from the global tsunami. Such pro-active planning would help minimize the damage as well as setting the platform for better recovery of the business. Our Corporate Recovery Consultants provide an end-to-end business re-engineer programme to assist business managers in managing their business cash flows and bank relationships, reduce operating costs and minimize staff retrenchment and, overall preservation of their business.
Upon completion Participants to be able to conduct a corporate health check and develop appropriate measures very quickly to safeguard their current business and financial condition.
Methodologyplan Participants would be led by a combination of topical introductions with situation analysis, brain storming and self assessment checklist.
Audience Banking executives, business owners, chief executives of companies and SME businesses, senior business managers and corporate advisors.
Deliverables Banking executives, business owners, chief executives of companies and SME businesses, senior business managers and corporate advisors.
Duration 2 days
Code RYB

COURSE CONTENT

Subject Description
Business in Distress – An Overview Business Failure – An Understanding

  • How global crisis can impact domestic business
  • How potential failure can be prevented

Doing a Quick Health Check

  • Identify the key problems
  • Identify the key strengths
Strategic Options – What is available Revenue Generation

  • Product Market Assessment
  • Business sales & credit policy
  • Competitive strategies review

Cost Control

  • Cost benefit assessment
  • Wastage Management
  • Productivity Management

Cash Generation

  • Asset disposals
  • Working Capital Requirements
  • Alternative cash flows

Asset Management

  • Acquisitions & Mergers
  • Divestments & Rightsizing
  • Disposals & Outsourcing
Developing the succession plan
  • Setting organizational climate
  • The dream team
  • Identifying the key positions
  • Searching future replacement leaders
  • Leadership development programme
Strategic Actions – what to do Pre-requisites

  • Management Readiness
  • Building confidence
  • Managing Change
  • Organization & agenda
  • Financial Access

Task force for implementation

  • Roles & accountability
  • Action Plans
  • Execution & Review

About FiNET

Financial skills are fundamental to business success. Financial skills are part of business competency today. These skills range from the basic ability to read and understand financial reports to budgeting and investment feasibility assessment to the ability to manage corporate cash flows and implementing cost control.

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Finet Associates

Contact Info

Suite 33-01, 33rd Floor, Menara Keck Seng, 203 Jalan Bukit Bintang, 55100 Kuala Lumpur, Malaysia
+ (603) - 2116 5926
+ (603) - 4260 41992
training@finetglobal.com
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