Strategy Analysis
The techniques and limitations of strategy analysis are explored, and forecasting approaches are examined to provide insight into navigating future obstacles and maintaining stakeholder competitiveness in an ever-changing market.
Format
Online
NASBA Field of Study
Business Management and Organization
Level
Basic
CPE Credits
1.5
Author(s)
AICPA and CIMA staff
Availability
1 year
Product Number
FLP21SMASF40226SSO
Fundamentals of forecasting
Reducing uncertainty by predicting events and quantifying their potential impact is highly desirable in any market; but is it possible?
Forecasting seeks to achieve this goal as part of the strategy management process. Inevitably, this will look different for different organisations. Various methods and limitations exist, and factors can unexpectedly affect or change an organisation’s forecasts.
This course will examine these issues and explore the uncertain nature of forecasts through game theory and real options. This examination offers opportunities for business leaders to understand how forecasting and strategy analysis can add value and deliver organisational success.
Opportunities of scenario planning
Qualitative forecasting methods such as foresight and scenario planning can enable organisations to enhance their vision and insight about developments in the market and respond accordingly.
This course explores these opportunities through various topics, including:
- Foresight
- Intuitive forecasting approaches
- Scenario planning
The topics in this course, along with the illustrative examples used to explore strategic analysis, will allow you to practise predicting and preparing for future events and to fully recognise the importance of strategic planning.
This is a standalone course but if you're interested in more of this type of learning while earning a designation, explore the CGMA® Finance Leadership Program.
Who Will Benefit
- Global accounting and finance professionals
- Management accounting professionals
- CPAs in public practice
- Business leaders
- Strategic advisors
Key Topics
- Strategic forecasting
- Statistical methods of forecasting and their limitations
- Factors affecting forecasts
- Game theory
- Real options
- Intuitive forecasting approaches
- Scenario planning
Learning Outcomes
- Distinguish between various forecasting techniques.
- Identify key features of intuitive forecasting approaches and scenario planning.
Group ordering for your team
2 to 5 registrants
Save time with our group order form. We’ll send a consolidated invoice to keep your learning expenses organized.
Start order6+ registrants
We can help with group discounts. Email client.support@aicpa-cima.com
US customers call 1-800-634-6780 (option 1)
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