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  1. 1. September 28-30, 2009 Philadelphia, PA Budgeting & Forecasting Masters 2009 Implement Cutting-Edge Tools, Adaptive Planning and Rolling Forecasts to Eliminate Waste and Drive Profits in a Tough Economy You Will Learn to: Structure Your Forecasts to Reduce Risk and Improve Organizational Stability Address risk, speculation and future objectives with a structured forecast Create Accurate Forecasts from Imprecise Data Overcome data generation errors and maintain forecast accuracy Utilize Balanced Scorecard Techniques for Improved Budgets Implement a better approach to budgeting using a Balanced Scorecard framework Increase Flexibility with Driver-Based Budgeting Identify and focus on leading indicators to pinpoint the key issues that influence your budget Earn up to 15 CPE Credits In Association with: Implement Resource Allocation to Drive Strategy www.ASMIweb.com/Budgeting
  2. 2. Day One Monday, September 28, 2009 Budgeting & Forecasting Masters 2009 8:30 “Great Ideas Conference Registration and Continental Breakfast and suggestions 9:00 Build Confidence: Budgeting and Forecasting in Economic Turbulence for improving Budgeting and forecasting tools have evolved into valuable resources that can be used to affect performance and the bottom-line, even during difficult times. Building these tools overall takes resources and a willingness to change. Hear from one organization’s techniques and approaches towards structuring a budgeting and forecasting process in the midst of processes.” economic uncertainty. Discover the resources needed for process implementation to be successful and accepted Tammy Morita VP Corporate Finance, Institute a foundation through a best-practice approach for successful budgeting and Alliance Imaging forecasting techniques Develop a road map for execution from a best-practice example of budgeting and forecasting implementation 10:00 Break and Refreshments 10:15 Create, Implement and Manage Balanced Scorecard-Based Budgets Review a Balanced Scorecard-based appraoch to budgeting Recognize pitfalls to avoid for a more effective budget Incorporate Balanced Scorecard best practices to help accelerate your results 11:15 Measure Forecasting and Planning Performance Identify key metrics for monitoring the effectiveness and evaluation of demand planning and forecasting processes Interpret and use metrics to improve process performance, as well as determine your cost of error Define human, business and demand factors which contribute to accuracy and error Top Five Reasons to Attend: 1. Overcome challenges in forecasting due to an uncertain economy 2. Apply Balanced Scorecard techniques to your budgeting process 3. Incorporate driver-based budgeting to imporve accuracy 4. Streamline your forecasting methods to enhance quality 5. Implement forecasting techniques to assess risk ASMIweb.com/Budgeting Page 2
  3. 3. Day One, Continued Monday, September 28, 2009 Budgeting & Forecasting Masters 2009 12:15 Lunch Break “Provided great 1:00 examples Develop Good Forecasts from Bad Data of practical Learn how to create accurate forecasts with less-than-perfect data Understand common challenges such as data collection problems and data forecasting storage issues Develop strategies to reduce the likelihood of bad data being generated and answered 2:00 some important Break and Refreshments questions 2:15 Integrate Analytics for Strategic Planning and Forecasting regarding Bring together disparate data and analytical tools for strategic planning Examine how model-based insights can help shape your strategic plan and forecasts data use.” Integrate analytical tools into your forecasts to provide new insight into strategies and tactics Dave Jochnau Director of Corporate Planning & Analysis, PSC Corporation 3:15 Implement a Demand-Driven Forecast Integrate demand-driven forecasting into your existing forecasting process Learn how demand-driven forecasting can help you shape demand based on variables that affect consumer demand Make your current demand forecasting process more demand-driven with business intelligence and dashboards 4:00 Adjourn Who Should Attend CFOs, VPs Forecasting Analysts Controllers Financial Analysts Directors of Finance Budgeting Directors ....and anyone involved with budgeting and forecasting ASMIweb.com/Budgeting Page 3
  4. 4. Day Two, Tuesday, September 29, 2009 Budgeting & Forecasting Masters 2009 Develop and 8:30 Continental Breakfast Manage an 9:00 Keynote Address: Effective Structured Forecasting for Organizational Stability Forecasting plays a critical role in many aspects of financial decisions. Firms can use their Forecasting forecasting resources for financial speculations, financial risk management, and creating portfolio management. Accurate forecasting can help set future objectives and guide Strategy that future outcomes. Understand the forecasting model and how it has been proven beneficial in the long run. Understand the basics of forecasting and its hurdles Aligns with Develop structure and tools for putting into place a viable forecasting system Reduce forecasting error through efficiency and accuracy Organizational Goals 10:00 Break & Refreshment 10:15 Utilize Forecasting and Demand Planning in Your Strategic Planning Process Design the framework for a pragmatic and simple approach for demand planning and forecasting Communicate the importance of accountability and precise execution in the process Assess your demand planning and forecasting process Sponsorship Opportunites As a conference and training provider, The American Strategic Management Institute is an expert in bringing together leaders to share and discuss best practices and innovations. We connect decision-makers with respected solution providers. The Institute offers four different pre-designed sponsorship packages: Event Co-Sponsor Luncheon Sponsor Session Sponsor Exhibit Booth Sponsor For more information on sponsorships or to get started, contact Paul Rogers at 858-866-9386 or Rogers@Managementweb.org ASMIweb.com/Budgeting Page 4
  5. 5. Day Two, Continued Tuesday, September 29, 2009 Budgeting & Forecasting Masters 2009 11:15 Drive Strategy through Disciplined Resource Allocation “Very good Hear how resource allocation drives organizational strategy content. Good Examine how resource allocation should be managed Discuss implications of better resource allocation on organizational performance example of tools 12:15 I would like to Lunch Break see used at my 1:00 company.” Risk Reduction: Use Analysis to Assess Forecast Uncertainty Use various forecasting techniques to assess the risk and investment worth of assets Nina Payakniti, Finance Manager, Utilize risk-return to make strategic decisions and protect shareholder value Source Refrigeration & HVAC, Inc Understand the importance of accounting risk factors into your forecasting 2:00 Break and Refreshments 2:15 Sell Your Forecast to Upper Management Learn how to best communicate a forecast to upper management to get their buy-in Understand the politics and biases that executives from different functions will have Examine the components involved in achieving an accountable forecast through visibility, cost factors and accuracy tracking 3:15 Streamline the Forecast Process Increase forward flexibility to keep pace with the rapidly-changing economic landscape Improve cycle time resulting in lower costs, improved productivity and enriched quality Use financial resources in a more effective manner 4:15 Conference Adjourns ASMIweb.com/Budgeting Page 5
  6. 6. Day Three, Wednesday, September 30, 2009 Budgeting & Forcasting Masters 2009 8:30 Increase Workshop Registration and Continental Breakfast Performance and 9:00 Improve Your Morning Workshop: Transition from a Traditional to Rolling Forecast Advocating for the “right fit” rolling forecast for your organization can lead to better organizational development. Defining the benefits of a rolling forecast and understanding Bottom Line which type best fits your organization, is an important pre-implementation step. Feel comfortable with rolling forecasts and recognize how business drivers are important in the with Valuable forecasting process. In this workshop you will gain the tools to: Discover the different methods that can be used with rolling forecasts Budgeting and Showcase rolling forecasts as a useful tool for further fueling goals and performance Find ways to perform a company-wide initiative on the new budgeting process Forecasting 12:00 Techniques Lunch Break 1:00 Afternoon Workshop: Model and Forecast Key Business Drivers Being able to forecast financial information over time will help your organization identify previously unseen trends and predict fluctuations. With the right tools, key business drivers such as market conditions, performance measurements, customer demographics and marketing activities can be tracked to help uncover these trends and to recognize what to look for. Developing measurements and metrics for various business factors can be incorporated into your forecasting models for improving results. In this dynamic, hands-on workshop, you will gain information on how to: Identify the key business drivers that link to financial measures Define and test linkages of drivers to measures of financial and business performance Layer forecast elements and scenarios for effective modeling Track forecast submissions to improve accuracy over time Align forecasts, plans and actual results in an actionable framework 4:00 Workshop Adjourns ASMIweb.com/Budgeting Page 6
  7. 7. In-House Training Budgeting & Forcasting Masters 2009 One of the more popular vehicles for accessing The American Strategic Management Institute’s (ASMI) educational offerings is the delivery of on-site trainings and management facilitations. Bringing a training or facilitation in-house gives you the opportunity to customize a program that addresses your exact challenges and provides a more personal learning experience, while virtually eliminating travel expenses. Whether you require training for your department or for an organization-wide initiative, the advanced learning methods employed by The Institute will create an intimate training atmosphere that Customization We realize that not all obstacles can be overcome by applying an “off-the-shelf solution”. While many training providers will offer you some variation of their standard training, ASMI’s subject matter experts will work with you and your team to examine your programs and determine your exact areas of need. The identification of real life examples will create a learning atmosphere that resonates with participants while at the same time providing immediate return on your training investment. Using interactive exercises that employ actual projects or scenarios from your organization, instructors can address specific challenges and align the curriculum of each session to your objectives. While the majority of on-site trainings are focused on smaller groups, ASMI also has the ability to accommodate organizational-wide training initiatives. Utilizing multiple instructors, The Institute has the capacity to deliver courses to groups of up to 300 participants per day. Areas of Expertise On-site delivery of single courses, certification programs and entire packages of specialized courses are available in the following areas: Strategic Planning Performance Measurement Project Management Lean Six Sigma Workforce Management Budgeting and Forecasting Contracting Performance Reporting Program Evaluation Administrative Management Change Management Balanced Scorecard For more information about in-house training options available to you, please contact Blake Humble at 858-866-9352 or email him at Humble@managementweb.org ASMIweb.com/Budgeting Page 7
  8. 8. Logistics & Registration Budgeting & Forecasting Masters 2009 Venue and Hotel Budgeting & Forecasting Masters 2009 will be held at The Radisson Plaza – Warwick Hotel. A continental breakfast, lunch, Registration Form and refreshments will be provided each day of the event. To Register, call 703-894-0920, Fax this Form to: 703-894-0482 or Visit Conference Address: www.ASMIweb.com/Budgeting Radisson Plaza-Warwick Hotel Philadelphia 1701 Locust Street Philadelphia, PA 19103 Telephone: (215) 735-6000 Fax: (215) 789-6105 Yes! Register me for Budgeting & Forecasting Masters 2009 www.radisson.com/philadelphiapa Add the following workshop(s): Morning Workshop: Transition from a Traditional to Rolling Forecast A limited number of rooms have been reserved at the Afternoon Workshop: Model and Forecast Key Business Drivers Radisson Plaza – Warwick Hotel at the prevailing per diem Please call me. I am interested in a special Group Discount for my team rate of $145 until August 28, 2009. Please call the hotel directly and reference code “BFM” when making reservations to get the discounted rate. Delegate Information Hotel and travel costs are not included in the conference tuition. Name Title Tuition & Group Discounts The tuition rate for attending Budgeting & Forecasting Organization Dept. 2009 is as follows: Early Bird Rate* Regular Rate Address Conference Only $ 1,699 $1,799 Post Conference $199/workshop $199/workshop City Workshops *For the Early Bird Rate, register by July 20, 2009. State Zip For more information on group discounts for Budgeting & Forecasting Masters 2009 please contact Paul Rogers at 858-866- 9386 or email him at Rogers@ManagementWeb.org. Telephone Fax CPE Credits Delivery Method: Group-live Email Program Level: Beginner Prerequisites: None Payment Information Advanced Prep: None Check Purchase Order / Training Form Credit Card CPE Credits: Earn up to 15 CPE Credits The American Strategic Management Institute (ASMI) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing Credit Card Number professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses or CPE credit. Expiration Date Verification no. Complaints regarding sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Nashville, TN 37219-2417. Website: www.nasba.org. Name on Card Billing Zip Cancellation Policy For live events: ASMI will provide a full refund less $399 administration Please make checks payable to: The Performance Institute Priority Code B280-WEB fee for cancellations four weeks before the event. If cancellation occurs within two weeks prior to conference start date, no refund will be issued. Registrants who fail to attend and do not cancel prior to the event will be charged the entire registration fee. feel there is some way we can improve, please write your comments If for any reason ASMI decides to cancel this conference, ASMI on the evaluation form provided upon your arrival. Should you feel accepts no responsibility for covering airfare, hotel or other costs All the cancellation requests need to be made online. Your confirmation dissatisfied with your learning experience and wish to request a credit incurred by registrants, including delegates, sponsors and guests. email contains links to modify or cancel registrations. Please note that or refund, please submit it in writing no later than 10 business days the cancellation is not final until you receive a written confirmation. Discounts after the end of the training to: Payment must be secured prior to the conference. If payment is not • All ‘Early Bird’ Discounts must require payment at time of registration ASMI: Quality Assurance and before the cut-off date in order to receive any discount. received by the conference start date, a method of payment must 1515 N. Courthouse Road, Suite 600 • Any discounts offered whether by ASMI (including team discounts) be presented at the time of registration in order to guarantee your Arlington, VA 22201 must also require payment at the time of registration. participation at the event. Note: As speakers are confirmed six months before the event, some • All discount offers cannot be combined with any other offer. Quality Assurance speaker changes or topic changes may occur in the program. ASMI • Discounts cannot be applied retroactively ASMI strives to provide you with the most productive and effective is not responsible for speaker changes, but will work to ensure a educational experience possible. If after completing the course you comparable speaker is located to participate in the program.