{"id":7192,"date":"2014-01-09T11:31:42","date_gmt":"2014-01-09T11:31:42","guid":{"rendered":"https:\/\/www.financial-fluency.co.uk\/?page_id=7192"},"modified":"2015-06-10T10:45:50","modified_gmt":"2015-06-10T09:45:50","slug":"lean-awareness-for-finance-teams","status":"publish","type":"page","link":"https:\/\/www.financial-fluency.co.uk\/financial-training-courses\/business-and-strategy\/lean-awareness-for-finance-teams\/","title":{"rendered":"Lean Awareness for Finance Teams"},"content":{"rendered":"\"in-house\n

Lean Awareness In-house
\nTraining Course<\/h2>\n

Virtually none of your organisation\u2019s internal accounting and business transactions actually add value for your customers. Why would any customer would be willing to pay for purchase order matching; or works order processing; or inventory tracking through your business?. These transactions have arisen over many years as \u201cstandard\u201d methods of financial control. Auditors make a good living trawling through transactions (it\u2019s easy money), and years of training have programmed us not to question them.<\/p>\n

The fact is that these financial transactions are costing your business a great deal of money and, yet, deliver no value to the customer. In one business we studied with 150 employees, 12% of their total revenue was spent processing such transactions \u2013 the staff costs of posting works orders, time sheets, goods received notes, matching purchase orders, and so on.<\/p>\n

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We\u2019re not saying that these transactions can be completely eliminated \u2013 financial control must be maintained \u2013 but we are saying that internal control processes can be greatly streamlined to radically reduce the amount of time required to achieve the same level of financial control. Achieving this is about applying the lean improvement philosophy to finance processes. In a nutshell this means:<\/p>\n

The lean improvement philosophy<\/strong>
\n1.\tUnderstanding the Process Thoroughly;
\n2.\tUnderstanding who the Customers of the process are, and what they really want;
\n3.\tTraining and empowering the people working in the process to improve it;
\n4.\tRemoving duplication, delay and error from the process and putting checks in the right places;
\n5.\tManagers supporting, facilitating and rewarding improvement<\/p>\n

Lean Improvement is not about making people work harder or faster, it is about identifying and removing the waste from internal processes \u2013 unnecessary steps; over-complicated elements; time delays; and so on \u2013 to streamline those processes and make them more efficient.<\/p>\n

Benefits of the Lean Awareness Course
\nfor you and Your Organisation<\/h3>\n

\"Lean
\nLean Awareness for Finance Teams will introduce your finance team to the key principles of lean improvement, will introduce them to the tools required, and, through structured exercises, will start them on the path to improving some of your core finance processes. <\/p>\n

The Contents of Lean Awareness for Finance Teams<\/h3>\n

1.\tWhat is Lean?
\n2.\tLean Simulation
\n3.\tCustomers and Value Streams
\n4.\tValue and Waste
\n5.\tValue Stream Mapping
\n6.\tUnderstanding Process Risk (FMEA)
\n7.\tPractical Problem Solving
\n8.\tMaking a start with Lean
\n9.\tAction Planning<\/p>\n

Lean Awareness Course Delivery<\/h3>\n

\"Lean<\/p>\n

We take an open friendly and enthusiastic approach to learning finance. We believe that people learn more effectively when they are enjoying themselves. We make finance interesting for you. We love questions and welcome as many as possible. <\/p>\n

We encourage an open atmosphere which in our experience accelerates the learning process. We always use lots of exercises, case studies and real life examples in our training as we believe this really helps our clients to understand concepts. <\/p>\n

We find that people only really learn when they test their understanding through practice. We offer traditional training, facilitation, interactive simulations, coaching and online training.<\/p>\n

Tailored Lean Awareness Courses<\/h3>\n

All our courses are tailored to meet our client’s specific needs. We like to spend time getting to know our clients as we strongly believe that training is most effective and valuable when tailored and focused.
\n\"In-house<\/p>\n

In-house Lean Awareness Training Course<\/h3>\n

Our training can be held within your office or an external venue of your choice. <\/p>\n

We can also secure venues on your behalf through our venue sourcing agency.<\/p>\n

 
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Make Enquiry or Book Now \"in-house<\/h2>\n
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