+ Program Overview
+ Benefits
+ Selected Session Topics
+ About the Speaker
+ About the Wharton School
+ Who Should Attend
+ Participants and Participating Companies
+ Program ROI : Selected Participant Feedback
+ Program Schedule
+ Program Fee
+ Program Report (2008 Seminar)
+ Contact Information
Creating Value Through Strategic Financial Management
Program Overview
Creating value is the central task of any manager, but it requires a strong understanding of financial management. The need is even greater in today’s environment of shrinking markets, hyper-competition and diminishing margins. You need to know where value comes from in your enterprise and understand the strategic factors that build value or erode it. Every strategic decision you make has implications for value creation. But to understand these strategic implications, you need to gain a deeper understanding of finance.
Creating Value Through Strategic Financial Management will help you understand the latest corporate financial policies and practices. Instead of spreadsheets and accounting, this program takes a broader perspective on finance. You will evaluate and question many of your current approaches to financial decisions, and be introduced to new perspectives and techniques that you can take back to your organisation to build a culture of value creation.
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Benefits
This program uses case studies to illustrate how companies attempt to create shareholder value. Faculty also encourages you to think about and question your current approach to financial decisions and introduces you to new perspectives and techniques.
Examine your current approach to making financial decisions. Align your financial and marketing strategies. Learn how functions across the organization influence financial decisions and shareholder value. You will:
- Demystify the process of creating shareholder value and create a cost-of-capital culture within a company.
- Gain techniques to evaluate the financial impact and value of strategic decisions.
- Learn how functions across the organization
influence financial decisions and shareholder
value.
- Use control and feedback as integral parts of
financial management.
- Make informed decisions on issues such as
debt, capital expenditures, and mergers and
acquisitions.
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Selected Session Topics
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Integrating Finance and Strategy
Four Part Management System to Link Strategy to Finance
The Importance of ROIC
Understanding Cost of Capital
Understanding Economic Profit
Understanding Market Value Added
The Importance of Growth with Competitive Advantage
Outsourcing
Examples: Federal Express, UPS, Asahi Glass, Global Automobile Industry
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Creating Shareholder Value
Expanded DuPont System
Sustainable Growth
Market/Book
Using Discounted Cash Flow
Net Present Value
IRR
Risk adjustment
Capital Asset Pricing Model
Examples: Dell, Coca-Cola, Kodak, Boeing, Airbus
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Financial Strategy
Capital Structure
Dividend Policy
Share Repurchase
Hedging
Examples: Diageo, Marriott, Microsoft
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Mergers and Acquisitions
Diversification
Synergy
Valuation
Due Diligence
Integration
Global Cost of Capital Differences
Examples: Bridgestone/Firestone, AOL/Time Warner, GE/Honeywell
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About the Speaker
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JOHN R. PERCIVAL, PhD
Academic Director
Adjunct Professor of Finance,
The Wharton School
CEO, JRP Associates
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Dr. Percival is active in the development and teaching of various executive education programs. At Wharton since 1971, he is the lead faculty on several open-enrollment programs: Creating Value Through Financial Management and The CFO: Becoming a Strategic Partner. He has also developed customized programs for companies such as GE Capital, Pitney Bowes, IBM, Fiat, Chubb, Hartford, American Skandia, Sun Life, Siam Cement, Scientific Atlanta, Ford, and Bankers Trust.
He has been financial
consultant to organizations in the public and private sectors,
including the Federal Trade Commission, the Commonwealth
of Pennsylvania, the U.S. Department of Labor, AT&T, Ford,
DuPont, PricewaterhouseCoopers, and others. His articles have
appeared in such publications as the Journal of Financial and
Quantitative Analysis, the Journal of Economics and Statistics,
and the Journal of Risk and Insurance. He was recently the recipient of the WEMBA Program Core Teaching Award for Financial Analysis.
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About the Wharton School
The Wharton School of the University of Pennsylvania — founded in 1881 as the first collegiate business school — is recognized globally for intellectual leadership and ongoing innovation across every major discipline of business education. The most comprehensive source of business knowledge in the world, Wharton bridges research and practice through its broad engagement with the global business community. The School has more than 4,700 undergraduate, MBA, executive MBA, and doctoral students; more than 12,000 annual participants in executive education programs; and an alumni network of more than 84,000 graduates.
Who Should Attend
Executives seeking an in-depth examination of financial management practice, as well as senior managers who want to understand how their decisions can have an impact on shareholder value, can gain from this course. The course is beneficial to CFOs who want to explore the latest financial approaches and to finance managers who need broader perspectives. It is also useful for general managers and directors of finance, business development, and marketing who want to deepen their financial knowledge.
We encourage companies to send cross-functional teams of executives to leverage the application and value of the program. Additional benefits are available when three or more participants attend a program.
| Top Participant Titles: |
Top Participating Companies |
Accounting Manager
Assoc. Vice President
Business Development Director
Business Development Manager
Chairman & CEO
Chief Financial Officer
Chief Operating Officer
Chief Treasury Officer
Controller
Corporate Financial Manager
Director of Finance
Director, Corporate Business Development
Finance Manager
Financial Analyst
General Manager
Managing Director
President
Vice President |
ADP Netherlands
Atofina Chemicals Inc
Bayer
Cablevision Systems Corp
Constar
Delta Energy Services
Deutsche Bank Securities Inc.
GE
Merck & Co.
Murphy Oil Corporation
Sanofi Aventis
Scottish Power plc
Sharp Corporation
Tata Engineering
The World Bank
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Program ROI : Selected Participant Feedback
Testimonials from past participants who attended this program at the Wharton School, University of Pennsylvania, who have applied knowledge they gained in the program.
“Rarely will you find a week-long class (or any class) that will challenge your most fundamental, deep-rooted
beliefs about business, finance, and how to measure it. Great instructor enthusiasm, very professional.”
Vice President, Technology Firm
“This course challenged me to think ‘outside of the box’ relative to financial strategy and subsequent decision
making. It is a good course for those individuals who are involved in value management for their company and
determining a means to grow market share by ‘changing the game’.”
Vice President, Customer Service and Engineering, Telecommunications Company
“For a non-financial individual, who is however contributing to business decisions, the course raises awareness
and improves thinking to better able you to challenge and judge the issues placed before you. A well-planned
course with flow of logic and a developing theme through the week.”
Vice President, Regulatory CV, Pharmaceuticals Company
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