Budgeting is more than mere vague oversight. Budgeting should deliver the corporate strategy, add shareholder value and lead to a well-run business - for the benefit of all involved in it. Effective budgeting leads to real control - effective day-to-day operational control and more. This course demonstrates what proper budgeting and operational control can do. This course will help ensure that participants: Appreciate the importance of the budgeting process Take ownership of it Use it as a daily working tool - not an annual exercise - to help run their part of the operation Improve their reporting against budget Ensure their delivery against budget 1 Objectives of budgets The budget process Stages - what is the prime aim of a budget? What is forecasting? ObjectivesPlanningImplementation 2 Budget and cost control focus Choosing objectives Links with corporate strategy Links with resource management Can the accounting systems cope? 3 Traditional budgeting and control Benefits and drawbacks The process Control and feedback Reporting - what can be expected? 4 Advanced budgeting and control Understanding the business process Taking out costs Cost awareness ZBB - as valid as ever 5 Reports Reports for action The purpose of a report Content - deliverables and feedback Culture is so important
When managers have too many decisions to make, it can have a serious impact on the speed and efficiency of the organisation. When those decisions are commercial ones, the results can wreak havoc with the bottom line. Often the problem arises when those below them or in operational areas of the organisation aren't equipped or allowed to make a decision for themselves. Issues get passed back up and that wastes time. This programme provides a solution, giving your entire team the skills to: And most importantly, they'll be able to do this in line with the broader aims and commercial objectives of the business. By the end of the programme participants will be able to: Fully appreciate the importance of effective decision-making in business Use the five-step 'Stop, Think, Act!' decision-making process Stop leaping to conclusions Really understand the situations and decisions they are dealing with Identify good options Evaluate those options Make decisions and then put them into action Apply these tools and techniques to all their decisions in future 1 Understanding the business we work in What are the critical factors in our business? What is the SWOT analysis for our business? 2 Understanding what decision-making is 3 Background Culture of 'having to be doing' To change things we have to think about it! We are paid to make decisions! 4 Recognise the opportunity to make a decision 5 The 'Stop, Think, Act!' technique 6 STOP! Recognise the opportunity to make a decision Don't leap to conclusions Get ready to think Initial questions:Is this my decision? (Do I have the authority?)Who is this going to affect? (Do they need to be included?)When do I need to make the decision? (What's the timeline?) 7 THINK! The 3 Cs - making sure we understand the decisions we have to make What is the context of this decision?What is the overall situation?Why is this decision important?What do we need to achieve?What will success look like? Do I have clarity about the decision I need to make?Can I write it down?Can I express it clearly in two sentences? What are the criteria?What are the critical commercial factors that we will use to select our options?What will we use to measure the business success? 8 ACT! Identifying options What data do I need to collect?Issues with today's overloadIdentifying what will help you Select optionsHow many options?Must match your criteriaMust achieve success'Decision compass' exercise Analyse optionsTabular methodRisk analysis (likelihood v effect)Head, heart and gut (is there any organisational history/bias that we are up against?) Making your decision Taking it to actionFirst actionsPlanning how to make it happen
DATE: 27th February 2024 TIME: Doors Open 7:30 LOCATION: All Saints Church, Blenheim Grove, London, SE15 4QS CFS students have been invited to attend the South London Shorts screening event taking place in Blenheim Grove, Peckham on 27th February. Students have been offered access to an EXCLUSIVE DISCOUNTED RATE for this event, so that tickets are only £3 per student. Please only book onto this event page if you have bought your ticket in advance and are planning on attending. We'll see you at the screening!
DATE: Tuesday 14th May TIME: 4:00pm LOCATION: Studio A On Tuesday 14th May we'll be hosting an International Students Event in Studio A, an opportunity for our international students to come together, get to know one another and share short films from their home countries and states, followed by some casual drinks and finger food.If you are planning on attending, please fill in this form where you can submit the film you wish to present. All films should be accessible for free online using platforms such as YouTube or Vimeo.
Time: 3:45pm Date: Wednesday 13th December Location: Studio A Our Festive Film has been picked by you all, and it's the 90s holiday classic HOME ALONE! Kevin McCallister (Macauly Culkin) is fed up with his family, so when he accidentally misses being taken on their Christmas holidays, he's left all by himself in the family home. Kevin needs to learn how to fend for himself quickly though, as two scheming burglars plan to loot all the nice wealthy houses that have been left empty over the holidays. Be sure to book tickets in advance to this exclusive Christmas Screening taking place in Studio A before the Christmas Party at the nearby ARCH Clapham afterwards!
Join us in January to kick start your new year with improvisation. This fully interactive session, led by Charlotte Gaughan, will provide an introduction to improvisation, a toolkit of games and exercises for your own practise and a grounding in the key principles of yes-and, listening and spontaneity. It’s also a great opportunity to appease your inner child with over two hours of play. The session will cover: An introduction to improvisation Toolkit of improv games and exercises for facilitation and your own practise Underpinning principles of listening, yes-and and spontaneity Improvisation as tool to develop connection with other performers and an ability to go off script Creating improvised characters, stories, and worlds and where they can take you An opportunity to have fun and play No previous experience needed at all Date: Thursday 18 January Time: 6pm-8.30pm Venue: Studio A, Central Film School, 72 Landor Road, SW9 9HP Deadline: Please register your interest to attend by Friday 5 January 2024
Join us for some festive fun as we close out the first term of the year with our CHRISTMAS PARTY! Taking place from 5pm at ARCH Clapham (next to Clapham High Street overground station), it'll be a relaxed atmosphere with music, drinks and good cheer. Drinks tokens will be given out to those attending so please be sure to book your tickets in advance so we know how many of you to expect.
DATE: 31st January TIME: 4pm LOCATION: Studio A Our Greta Gerwig season continues with this adaptation of Louisa May Alcott's classic, Little Women. Set in 1860s Massachusetts, the film follows the story of the four March sisters, young ladies coming into their adulthood whilst dealing with familial poverty and their place in a patriarchal landscape. Featuring an all-star cast including Saoirse Ronan, Florence Pugh, Emma Watson, Laura Dern, Timothee Chalamet, Meryl Streep and Bob Odenkirk, the sophomore release of Gerwig's filmography will make you laugh, cry and punch the air with excitement.
Date: 12th March 2024 Time: 4pm Location: Studio A Acclaimed actress Ruth Negga will be joining us in a Professional Perspectives session next month, discussing her career, experiences working with many famous directors (Neil Jordan, Jeff Nichols, James Gray & Duncan Jones amongst others) as well as on TV shows such as Preacher, Misfits and Agents of SHIELD. There will also be a Q+A session towards the end where students can ask her questions directly. Be sure to book tickets in advance so that you can secure your place for this exciting event!