Raji Varghese, Customer Service Executive - Binzagr Company, QatarThe trainer was very good. The main strengths would be the case studies and discussions. Kexxel Group definitely organized the event very well. The follow ups and the pre event communication from them were very prompt. |
Speaker's Profile
Alan Fell is a leading, internationally recognized and respected specialist, with over 40 years of financial and business experience, in financial performance management – both in policy formulation and in practical application roles.
Alan has wide practical experience of budgeting and forecasting techniques and has particular interest in the linkage of budgeting to other planning and performance measurement disciplines and in the wider application of modern budgetary techniques relevant to the fast-changing 21st century business world.
For the last 20 years, Alan has been operating as an independent management consultant and trainer, covering a wide breadth of closely related topics – from strategic planning and execution through to detailed budgeting and balanced scorecard.
He has led well over 350 conferences, public training seminars and customized in-house training in a wide-range of international locations, especially in the Middle East/Gulf region and SE Asia, but he also covers North America and Australia / NZ and his home country of the UK. Alan has been as very regular business visitor across the SE Asia Region since 1995.
Prior to that, he was a senior executive with a major UK commercial bank and in his most recent line management role he was Head of Planning and Finance for a major division of the Bank with 3,000 staff.
“Interesting & Enriching! The event surely gives me plenty of valuable insights that are very beneficial to me in doing my job better.”
Head, Budget & Control, PT Federal International Finance, Indonesia
“Alan has a vast and wide knowledge on the topic.”
Financial Planning Manager, TNB, Malaysia
“Simple and easy understanding in a short frame of period that could be applied in the organization.”
Executive, CIMB Investment Bank, Malaysia
“I found Alan to be very rich with experience and knowledge.”
Agung Kurniawan- Division Head, Corporate Finance, PT Astra International Tbk
“The training has given me a lot of input to improve my work in my workplace. The speaker is very knowledgeable and full of experience.”
Nor Azlen Ibrahim – Vice President, Finance & Accounts, Pos Malaysia
“We have learnt from the best. Do keep up the good work. The main strengths were the experiences and issues faced by other industries that were discussed in the event. Kexxel Group’s staffs were efficient and effective.”
Jeremy Yong – Senior Assistant Manager, The Bank of Nova Scotia
“Alan is extremely knowledgeable and he is a real guru for the area of expertise that he is in. Thanks to Alan for being with us for the past 2 days. The examples that we provided by Alan helped me a lot.”
Annie Han – Managing Director, Publicis Re:sources
Past Clients
The course is structured into 4 half-day sessions, following a logical sequence. Each session will include a presentation, discussions, case study learning and spreadsheet hands-on exercises. Delegates should bring a laptop and have a basic familiarity with Microsoft Excel.
Day 1
SESSION 1 – Cost Control
Strategic cost management will NOT happen by accident – it will only be successfully achieved as an explicit component of overall business strategy. This first session is principally focused on the alignment of business strategy and cost management. A supporting theme is to review briefly the various budgetary techniques and to consider which are most suited to strategic cost management.
SESSION 2 – Cost Analysis
We cannot manage what we do not understand. This session focuses on the need for a proper understanding and analysis of costs and what causes (or “drives”) costs and cost-behaviour. The supporting technique of Activity Based Costing is explored with a special focus on a pragmatic approach of “simplied ABC” rather than the over-complex and infinitely time-consuming version of ABC. Key financial and business issues such as breakeven and fixed/variable cost structures are explored.
- Cost/volume/profit
- Breakeven analysis
- Product and customer relationship costing/profitability
- Fixed/variable/mixed cost structures: achieving the optimum balance
- Direct and indirect costs – and how to control each
- Marginal costing and its practical application
- Standard costing: its uses and limitations
- Opportunity costs
- Sunk costs
- An 80/20 pragmatic solution to simplifed BC
- Using Activity Value Analysis (AVA) as a proven technique to eliminate non-value activities and associates expenses.
Day 2
SESSION 3 – Capital And Project Costing & Control
In a rapidly changing world, much cost is directed to capital and project spending: the basic concepts of these disciplines are widely known but often poorly applied in practice – resulting in lack of cost discipline and much cost wastage. For many organisations, cost structure is built in at the design and project stage and we explore issues such as full-life cost and the underlying business strategies.
- Option evaluation
- Sensitivity analysis
- The vital importance of an effective post-project audit discipline
- Evaluating and controlling projected future costs
- Project monitoring
- Job costing – considering each job as a project
SESSION 4 – Necessary Business Management Disciplines
Organisations often need to establish specific programmes for improved cost efficiency and sometimes, downsizing (unpopular but can be vital top business survival). We explore that management disciplines and practices necessary to support such cost management programmes, without which failure is almost inevitable. Behaviour and culture are essential but often overlooked components of a successful cost management regime.
- How to achieve meaningful controls rather than endless unresolved debates
This course is designed primarily for those Managers/Supervisors within the finance function who need to strengthen their cost control and management capabilities, including:
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Save up to 50% from in-house courses!
You may wish to consider having an in-house course delivered locally on-site if you have a number of participants with similar training needs. This course can be customised to fit specific requirements. For more information about IHT kindly send your enquiries to This e-mail address is being protected from spambots. You need JavaScript enabled to view it