Alignment of Budget
to Strategy in Your Organization

19 - 23 February 2024
Sandton Centre
Johannesburg South Africa

Register Now! Limited Seats Available!

R17, 999.00 Per Delegate

Course Overview

World-class organisations incorporate budgeting within their strategic planning and management framework and it is in this context that budgets provide a powerful tool implement the strategic priorities that will achieve long-term corporate goals. 

The 21st-century finance function  

The role of the finance function has changed dramatically over the last 30 years and this is reflected in the stated objectives of this course, which include

  • The development of strategic thinking, decision-making and strategic analysis and management skills to develop the organisation’s mission and objectives and carry out strategic analysis and decision-making  
  • To understand the relationship between financial planning, forecasting, and budgeting and the integration of the strategic management process with the budgeting cycle  

To operate an effective planning and control system finance professionals can no longer work ‘in a vacuum’, relying purely on financial and accounting skills; the course also addresses other skills and some key issues: 

  • The relationship between vision and business strategy  
  • Defining strategic and operational objectives 
  • Selecting targets for advanced performance measurement 
  • The evolving role of the CFO and the finance team  
  • Creating and delivering value to key stakeholders 
  • What is the vision and force that drives your organisation? 


  • Learn how to tie strategy to effective annual budgets 
  • Get practical tips to improve budgeting in your organisation 
  • Identify critical success factors for your organisation 
  • Understand how winning organisations harness the power of Balanced Scorecard 
  • Develop Key Performance Indicators that will help you to deliver results 

Who is this course for?

  • Manager responsible for delivering organisational objectives and targets; 
  • Managers in charge of developing frameworks for improving public or private sector performance;  
  • All managers responsible for preparing and controlling departmental budgets. 
  • Financial Professional
  • General Accounting Professional 
  • Business Unit Professional 

Course Outline

Budgeting’s place in the planning framework 

  • Creating and articulating the organisation’s vision and objectives 
  • Organisational stakeholders and balancing their objectives 
  • The planning horizon 
  • A framework for strategic planning 
  • Tools for strategic analysis 
  • Understanding and managing risk 

Budgeting essentials 

  • Linking budgets to strategic objectives 
  • Identifying tactical objectives 
  • Identifying constraints and the limiting budget factor 
  • Assigning responsibility for budget objectives 
  • Making sure objectives are integrated 
  • People and budgets; using budgets to motivate 

Practical budgeting 

  • The budget manual 
  • The sales budget 
  • Overhead budgets 
  • Capital expenditure budgeting 
  • Cash budgeting 
  • Preparing the master budget 
  • Business seasonality, trends and budget phasing 

Budget implementation 

  • Monitoring financial and other data 
  • Design of budget reports 
  • Four golden rules for good feedback reporting 

Alternatives to traditional budgeting 

  • Zero-based budgeting 
  • Activity based budgeting 
  • Criticisms of conventional budgeting 

Beyond budgeting 

  • Using rolling forecasts instead of static budgets 
  • Identifying key business drivers 
  • Identifying key business drivers 
  • Implementing rolling forecasts 

Balanced Scorecard and KPI’s 

  • The four perspectives of the Balance Scorecard 
  • The ‘three step’ approach to developing Balanced Scorecard 
  • Identifying critical success factors 
  • Using Balanced Scorecard to develop Key Performance Indicators 
  • Aligning the KPI’s with long term strategy 
  • Practical implementation of a Balanced Scorecard 
  • Real life examples of successful implementation 

End of the workshop



While both In-House and Online training can present with cost-effectiveness and time-efficacy, there are some very specific differences between in-house courses and those based online.
The demand for additional courses by individuals or groups of people is increasing. Still, it depends entirely on the preferences of a person what type of training he or she wants to receive. Online courses and in-house training carry some similarities but they are considered to exhibit some very pivotal differences too. Despite that, both types of learning can be really beneficial for attendees.

For Registration and other Training arrangements,
contact us on the detail below.

SOUTH AFRICA : +27 11 057 6001
TANZANIA Cell: +255 769 688 544
WhatsApp +27 79 574 0389 /