Course Overview

This workshop is based on the principles of “Beyond Budgeting”, the innovative management model that is designed to replace traditional budgeting practices.

The workshop aims to equip participants with the knowledge and skills required to implement this model within their own organizations.

During the course, participants will learn about the key principles of beyond budgeting, including the importance of decentralization, the need for greater flexibility, and the emphasis on performance management. Participants will also explore case studies of companies that have successfully implemented beyond budgeting, gaining insights into best practices and potential pitfalls.

By the end of the course, participants will be prepared to take the first steps toward implementing this management model within their own organizations.

Learning Objectives

• Introduction to Beyond Budgeting
• Agile Decision-Making and Planning
• Performance Management Reimagined
• Decentralized Decision-Making
• Resource Allocation and Flexibility
• Adaptive Culture and Change Management
• Continuous Learning and Improvement
• Leveraging Technology for Agility
• Sustainable Transformation and Future Outlook

Key Benefits for Participants

A key benefit for taking a course based on the Beyond Budgeting approach would be gaining a deeper understanding of how agile management principles can impact the decision-making process and enhance business effectiveness.

Participants that are in consulting or analyst roles can benefit in the following ways:

• Strategic Insight.
• Risk Assessment.
• Adaptive Analysis.
• Dynamic Industry Insights.
• Value-Added Insights.

Participants actively engaged in managing a business will benefit from this workshop through:

• Agile Decision-Making.
• Adaptive Performance Management.
• Enhanced Flexibility.
• Empowered Teams.
• Holistic Performance Focus.

Profile of participants

The target audience for a Beyond Budgeting course is a diverse group of professionals seeking to transform their understanding of management practices and adapt to dynamic business environments. This course caters to individuals across industries who are eager to challenge traditional approaches and embrace agile management principles. The target audience includes:

• Senior Executives and Leaders.
• Finance and Accounting Professionals.
• Operations and Project Managers.
• Business Consultants and Advisers.
• Entrepreneurs and Small Business Owners.
• Individuals in Transition.

How to Enrol to this Workshop?

Fill in the online registration form HERE

Note that this workshop will be MQA Approved and HRDC Refundable (Condition applies)

Limited Seats

Course Fee : Rs 30000

For more information, please contact Calvin Mungroo by sending an email on calvin.mungroo@mcbif.mu

About the Facilitator

Chris Wyman, CPA, CIA

Chris is a Finance Professional with more than 15 years of working experience in this sector. He is currently the President of Pathfinder Business Consulting and Training. Throughout his career he worn several hats namely as the Vice President, Learning and development at MDA Training where he worked with corporate clients to design and deliver customised learning solutions in banking, insurance, asset management & service industries. He was an Associate at the Corporate Finance Institute, one of the leading e-learning platform providing courses in Banking & Finance. Previously Chris also held the role of Director of Internal Audit at a Canadian financial institution.  His experience spans across corporate governance, risk and compliance. He also has operational experience in commercial, private and retail banking.

Chris has a Bachelor of Arts in Economics from Acadia University, Nova Scotia – Canada. He is also a Chartered Professional Accountant CPA (CMA), a Certified Internal Auditor (CIA) and Certified Risk Management Assurance (CRMA) professional. He is accredited Trainer by the Institute of Internal Auditors and have instructed courses throughout North America.

Specialties: Workshop facilitation and corporate training in the areas of business and finance strategy, risk management and governance.