Advanced Business Forecasting

Overview

This 3-day workshop is designed to develop and coach on the implementation of Business Forecasting Methodologies in the work environment. The programme will cover practical application of the laws of forecasting in a variety of business types and scenarios. It is never easy to convert a feeling about the future into a precise and useful number, such as next year's sales volume or the raw material cost per unit of output, but well developed forecasting methods can help estimate many such future aspects of a business operation.

Learning Objectives

Upon completion of this workshop, participants should be able to

  • Build the foundation for and apply qualitative and quantitative methods of forecasting to various business scenarios
  • Plan and devise a strategy for implementing modelling in their organisation
  • Link and report on forecasting and the decision making process
  • Evaluate and select forecasting tools and software
  • Determine when best to apply forecasting methodologies in their business environments

Target Audience

This workshop would be beneficial to:

  • Executives, Senior Managers, Strategic Officers  & Strategists working on:
    • Budgets
    • Inventory and Supply Chain
    • Planning and Marketing
    • Bonus and Compensation

Programme Outline

Designed to run over a 3-day period, this workshop will cover specific deliverables on:

  • Forecasting in a business environment
  • Measuring accuracy and tracking variances
  • Analysing and refining source data and the data models
  • Using forecasted numbers and values
  • Forecasting non-financial key business metrics

Facilitator's Bio-Sketch: Nigel Chinapoo

Nigel is a Director of Rolley Holdings a local financial and information communication technology consulting firm and has held positions with a number of local and regional ICT and financial service companies. His unique background makes him well qualified to advise on corporate financial value chains and the role of technology in existing operational / change management and new business initiatives. He has over 18 years of experience in the financial and services industry both as a financial/accounting professional and technology/systems executive.

Nigel launched his accounting career with membership and subsequent fellowship of the Association of Chartered Certified Accountants (ACCA) in 1999/2001. He moved directly into the financial services industry with positions in financial and management accounting as well as corporate financial strategy and mergers and acquisition for regional corporates and their subsidiaries throughout the Caribbean. Subsequent executive management experience includes serving as the head of insurance and financial systems development at SunGard Data Systems in Atlanta as well as Manager of Mergers and Acquisitions at Citigroup. He also served as Chairman and Board Member with several Health and Document Imaging companies based in Trinidad and Tobago. This experience with leading financial organisations is further complemented by his

leadership roles in various industry organisations including the E-Teck ICT Cluster advisory Board and member of the Trinidad Chamber of Industry and Commerce’s EBITT committee.

Nigel is a graduate of the University of the West Indies with a BSc. In Economics/Mathematics and is a Fellow of the Association of Chartered Certified Accountants (F.C.C.A.).

Details

Date View Event Calendar
Time 8:30 pm – 4:30 pm
Duration 3 Days
Cost TT $4,500.00 (inclusive of training materials, refreshments and Certificate of Participation) 
Please note that prices are subject to change without notice.
Venue Arthur Lok Jack Graduate School of Business
Max Richards Drive,
Uriah Butler Highway, North West,
Mt. Hope

Contact

Tel: 645-6700
Fax: 662-1411

Coordinators:

Brent Cassim  ext. 330                     
Anastasia Mohammed ext. 328

E-mail:  openenrolment@lokjackgsb.edu.tt

Certification

Certificates will only be issued to participants who have attained a minimum attendance rate of 75% for the duration of the course.

Course Cancellation/ Reschedule Policy

Arthur Lok Jack GSB (ALJGSB) reserves the right to cancel training at any time. If ALJGSB cancels the training due to unforeseen circumstances beyond the control of ALJGSB, you are entitled to a full refund of the course fee, or your course fee can be credited toward a future training, based upon availability (providing payments have been made before original advertised date).

ALJGSB reserves the right to reschedule training at any time. If ALJGSB reschedules training due to unforeseen circumstances beyond the control of ALJGSB, the training will take place at the next available time. Participants will be informed via phone and/or e-mails.

 

  

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