[Online 2-Day] How to Turnaround Companies?
Course Information
  • 25-Feb-2021
  • Online
  • Dr Steven Liew
  • English
  • RM 990 RM 910
    Until 06 Feb 2021
  • 9:00am - 5:00pm
[01] INTRODUCTION
In November 2020, the Malaysian Parliament was informed some 32,000 small & medium-sized enterprises (SMEs) have ceased operation. As the country continues to be ravaged by the pandemic, the continuous viability of an organization requires immediate, concrete measures to prevent the asset from deteriorating. All businesses need to be honest and realistic if they were to turn it around. Because failure is not an option. It could mean liquidation and loss of employment and even bankruptcy for some. BEFORE the external environments gets even more inclement, the creditors more hostile, the stock piling, receivables drying up, and bankers pulling the line of credits, you must ACT.
Learn the essence of a corporate turnaround without attending an MBA today. Inspired by many case studies, open discussion and practical experience of the trainer.

[02] COURSE OBJECTIVES
By the end of this program, participants will be able to :-
• Ways to review a company’s distress signals
• Practical ways to turnaround the company
• Cost reduction and profit improvement
• Improvement on cash flow planning
• Applying Risk Management Model
• Understanding KPI Management

[03] METHODOLOGY
Training & Consultancy approach. Case Study & Group Discussion.

[04] WHO SHOULD ATTEND
• Directors and Business Owners
• CEOs, COOs, CFOs, General Managers
• Head of Departments, Business Development
• Line Managers, Product Managers, Project Managers
• Managers

[05] DATE, TIME & FEE

DATE: 25 - 26 February 2021 (Thu - Fri)
TIME: 9am - 5pm
MODE: Online/ Interactive

[HRDF CLAIMABLE]

FEE:

- Early Bird Offer (before 6 Feb 2021) - RM 910
- Special Offer (before 21 Feb 2021) - RM 950
- Normal Fee - RM 990

>> Fee includes Course Notes, Certificate of Completion & 6% Government Service Tax

**Discounts**
(i) 15% overriding discount for SST2u Loyalty Card members

[06] COURSE OUTLINE

DAY1

Module 1: Review your Company Financial Analysis & Strategies for Business Turnaround (Case Study)
Objectives
• Asset conversion
• Fees & Collection
• Spreading costs
• Manpower review
• Stock management
• Product market study

Module 2: How to Reduce Cost
• Target saving based on latest financial forecast (cost of sales & opex)
• Strategic management framework:
- Planning: Target & level of motivation - Execution: Top level commitment;
Empower resources (dedicated experience personnel to executive – project based);
Buy-in at all level (roadshow)
• Evaluation: Reap what you sow (activities make the difference)

Module 3: Cost Reduction Success Story
• How to target saving for your organization

Module 4: How to Monitor Sales, Costs & Collection
• Define your sales projection, factor in fluctuation (Q1, Q2, Q3 & Q4)
• Do your monthly average sales & expenses
• Used 3 estimate techniques (2+10, 5+7, 8+4) and also use SMART (specific, measurable, achievable, realistic & timebound)
• Make sure your budget is relevant at all times during the year
Q&As

DAY2

Module 5: Collection & Negotiation Management
• Strategies to Reduce Non-performing Loan or Debts
• How to handle different type of difficult customers
• Tested successful negotiation strategies

Module 6: Cash Flow Management
• Lifeblood of business – Cash Flow Statement
• Relationship between cash flow statement and balance sheet
• How to determine financial health from cash flow pattern

Module 7: Risk Management Model
• Analysing the potential risks facing an organization
• Mitigating controls
• Weight the financial impact
• Cost/benefit decision analysis

Module 8: KPI Management
+ Source document: Performance review documents
Setting Departmental KPI Metrics
• Projects
• Property Management
• Corporate Strategy & Research
• Marketing & Corporate Communication
• HR & Administration
• Finance
• Procurement
Q&As

[07] SPEAKER PROFILE
DR STEVEN LIEW
Certified HRDF Trainer
Consultant

Dr Steven Liew is a fellow member of the Chartered Institute of Management Accountants, UK and is a Chartered Accountant by profession. He has an Asia Pacific Executive MBA (for senior executives) from the National University of Singapore and a PhD in international finance with Rushmore University of USA.

Dr Liew had worked in private sector companies, ranging from family-run businesses to professionally manage multi-national corporations in South Asia and the ASEAN region. He has accumulated more than 30 years working experience in senior financial & operational management positions spearheading the profitability and growth of companies. He has worked for the MBF Finance & its related group of companies over the 10 years’ period. He is a registered Trainer with the Government Human Resources Development Berhad (Pembangunan Sumber Manusia Berhad) and a GST Tax Consultant.

Dr Steven Liew had conducted various seminars for corporate clientele including Association of Credit Management Malaysia, Chartered Institute of Management Accountants, Malaysia Institute of Management, Malaysia Institute of Accountants, Institute of Bank Bank Malaysia, Nestle, IQPC Worldwide Pte Ltd, Singapore, Lexis Nexis, Proton Edar Malaysia , Brunei Investment Agency, Small Medium Industries Development Corporation , Ministry of Development, Brunei , BICPA Asean Management, Brunei, Risda Group Of Companies, Sales & Marketing Training Forum, Sri Lanka, Giant Retail Sdn Bhd, Telekom Brunei & Ministry of Foreign Affairs, Malaysia, Sabah Electricity Sdn Bhd, Bank Islam Brunei Darussalam. Continental Tyres, Sime Darby Bhd, Sony Malaysia Sdn Bhd, Perodua Sdn Bhd & Credit Guarantee Corporation (M) Bhd; Fujixerox, UDA Holdings, SPNB, Diners Club, Elk Desa Capital Bhd, Antah Schindler, UCSI & Ministry of Finance; Seccom Sdn Bhd; Bridgestone Chemical Products (M) sdn Bhd; Dialog Group Bhd; SEDCO, KK; Hosiden Electronics (M) Sdn Bhd; STO Maldives; Indah Water Consortium Sdn Bhd; CPA Australia (M) Sdn Bhd.

He is currently providing management consultancy and training specialising in Forecasting, Fast closing monthly, leadership, Strategic Planning, budgeting, accounting, finance, cost reduction, credit management & loan recovery.

[08] ENQUIRY & REGISTRATION

Enquiry: SSTcourse@gmail.com
Contact:
- Teo (011 - 3178 9203)
- Logesh (012 - 503 0346)
- Siti (012 - 383 8603)
- Han (019 - 323 0507)