Nelson Croom - Managing Through a Recession

Whether you are concerned about your own business or wanting to support your clients going through difficult times, Managing Through a Recession will enable you to think through your approach to managing a business through a recession. Working through the process of understanding what is going on, assessing the damage, planning under pressure and making it happen, learners will develop their approach and engage in a dialogue with their peers. Robin Tidd’s experience helping a variety of clients informs both his ideas and the stimulating questions he raises to provoke the debate.

Managing Through a Recession is part of Nelson Croom’s peer-enriched learning suite of learning. Peer-enriched learning courses stimulate intelligent dialogue and debate and provide a valuable and evolving resource of professional knowledge and experience. These courses are topical, practical and highly relevant to today’s changing market. Each module is split into two activities: Understanding the issues and Putting it into practice. The first encourages learners to think about a topic, drawing on their own professional experience and knowledge. The second helps learners to put ideas and/or theories into practice as part of their day-to-day work.

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Managing Through a Recession enables the learner to:

Predict what could go wrong in a downturn and spot it early
Assess the likely impact of any issues
Develop a plan to address problems
Put in place the right actions and measures to ensure your plan works.

Topics

What’s going on?

The current environment

What’s different this time?

What’s positive?

What does this mean to you and the senior management team?

Assessing the damage

Problems and consequences: Part 1

Problems and consequences: Part 2

Damage reporting

Root causes

Analysis tools

Analysis of sales and gross margins – the product market matrix

Analysis of new business leads – the “funnel”

Activity based costing analysis

Short interval costs

Error reporting

Process management – the leaking pipe

Planning under pressure

Planning and replanning

Prioritising

Approaches to problem solving

Possible routes to solutions

Making it happen

What makes an ongoing process of implementation?

Emotions

Meetings

Management information

Target audience

This course is designed to appeal to professionals, both in finance functions and other areas, who are looking for a practical course that enables them to apply business theory to successfully manage their organisation through a recession.