Park Advisory offers seminars in our fields of expertise on either a full-day or evening basis. Full-day seminars are usually of two days duration whereas the evening seminars are spread over several weeks.
We shall also be pleased to design tailor-made seminars to suit the needs of your own organisation and delivered on your premises. Please do not hesitate to contact us with your requirements.
Understanding Financial Management
This program is designed to equip management professionals with the tools to understand, plan and carry out an effective execution of organisational strategy. It provides an overview of the importance of financial management by examining the classification and management of costs, the identification and management of risk in the context of creating value, determination of a viable capital structure, evaluating operational and capital expenditure opportunities, and reporting on overall performance.
Adding Value with Transfer Pricing
Trade is understood to have taken place throughout much of recorded history. The increasing economic, social, and political importance of trade spawned the phenomenon of the transnational organisation, which is capable of exercising extreme power for it is a source of revenue, employment and economic activity. These organisations have a national home where profits will ultimately have to come and in their effort to maximise the amount repatriated they often engage in transfer pricing practices that enrage either their host or home countries.
This program explains how these events may cause managers to take their eye off the reason they are in business in the first place. We shall then consider transfer pricing’s importance as a vital strategic management issue that needs to be treated wisely by establishing a common language that may be used as one driver for ensuring an appropriate return on capital employed.
For more than two hundred years, neo-classical economics recognised only three factors of wealth creation in organisations: land, labour and capital. Knowledge, productivity, education and intellectual capital were considered to be outside of an organisation's control. The world we live in today is so different. Knowledge, and implicitly information, has become the fourth but most important factor of wealth creation in organisations because its growth is driven by the accumulation and application of knowledge.
This program begins with a discussion of left-brain versus right-brain in the context of knowledge management and why we need to engage both sides to be successful and balanced. We shall then consider how to create an integrative approach for managing knowledge. Understanding there is no management without measurement we shall create an approach for measuring and evaluating knowledge management performance.