Workforce planning and budget preparation

Bag code: ADMFACC95630024 Days: 6 days "Today’s training 5 hours" Time: 30 training hours. Targeted participants of the program: managers / business owners. Program overview: This program revolves around workforce planning and budgeting. (Definition – types – characteristics – objectives – advantages – disadvantages .. etc.) It will be presented through the following units: First training unit: Concept and stages of workforce planning. Second training unit: Analyzing workforce needs. Third training unit: Types and elements of budgets. Fourth training unit: Preparing operational budgets. Fifth training unit: Preparing capital budgets. Sixth training unit: Financial analysis and performance evaluation. Program objectives: To enable the trainee to understand the concept of workforce planning. To mention the trainee the stages of the workforce planning process. To determine how the trainee forecasts future workforce requirements. To learn how the trainee develops effective recruitment strategies. To discuss the trainee the concept of budgeting and its importance. To explain the trainee the elements of the budget and financial risk analysis. To determine how the trainee prepares operational budgets. To apply the trainee how to prepare capital budgets. To learn how the trainee evaluates overall financial performance and controls operations. To apply the trainee effective methods of communication with work teams and external parties. To familiarize the trainee with how to build teams capable of implementing workforce planning strategies. To mention the trainee how to analyze financial trends and anticipate future challenges. Program topics: First unit: (Concept and stages of workforce planning) Concept of workforce planning. Importance of strategic workforce planning. Stages of the workforce planning process. Analyzing current workforce needs. Second unit: (Analyzing workforce needs) Forecasting future workforce requirements. Strategies to meet workforce needs. Developing effective recruitment strategies. Directing human resources towards the organization’s goals. Third unit: (Types and elements of budgets) Evaluating recruitment performance and efficiency. Concept of budgeting and its importance. Types of budgets: operational budget and capital budget. Elements of the budget and financial risk analysis. Fourth unit: (Preparing operational budgets) Preparing operational budgets. Estimating revenues and expenses. Preparing capital budgets. Using financial management tools in operational budgets. Fifth unit: (Preparing capital budgets) Risk analysis and making financial investment decisions. Evaluating overall financial performance and controlling operations. Effective methods of communication with work teams and external parties. Developing leadership skills necessary to achieve strategic planning goals. Sixth unit: (Financial analysis and performance evaluation) Building teams capable of successfully implementing workforce planning strategies. Analyzing financial data related to workforce planning and budget preparation. Using key performance indicators to evaluate strategy effectiveness and make corrective decisions. Analyzing financial trends and anticipating future challenges. Contents of the kit: PowerPoint 203, Trainer’s guide 160, Trainee’s guide 141, Activities 4, Introductory guide 4, References 3, Evaluation forms and data 6, Pre- and post-tests 6, Videos 3, Photos 10, Mind maps 1, Brochure 1. Kit contents: 12. Training kit model: Please click here to view the training kit model.