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Beacon FinTrain

Provides an array of professional business and financial training services that stem from improving a corporate's treasury workflow —all the way to efficient, finance training programs.

Course Overview

Critical thinking is the ability to think reflectively and independently to make thoughtful decisions. By focusing on root-cause issuescritical thinking helps you avoid future problems that can result from your actionsRegardless of the responsibilities you play, critical thinking is essential for the Finance and Accounting department if you want to be a valuable company partner. Professionals in finance and accounting who possess a strong sense of judgment and the ability to think critically may rapidly cut through the uncertainty and information overload to focus on what matters most.Every business professional should take this course since it covers the core of the risks and challenges that we all encounter on a regular basis in real life.Such problems have a significant impact on individual and organizational performance and so it is crucially important to be able to use the appropriate management tools to resolve them and avoid their repetition.During this session, we will enable participants to identify various forms of risk, use root cause analysis to determine the source of resultant business problems, and then use the tools and techniques of the problem-solving process.

For More Inquiries

Dalia Anwar

Business Development Manager

 +201277044024

 d.anwar@beacon.com.eg

Dalia Anwar

Business Development Manager

 +201277044024

 d.anwar@beacon.com.eg

Course Outcome

• Develop the essential skills needed to understand the various types of risk

• Analyze the choice of options available to deal with business risk and financial risk

• Identify the key factors to determine the real root causes of business problems

• Resolve business problems using the problem-solving process

• Develop a methodology to eliminate the repetition of business problems

Course Outline

Module 1 :Critical Thinking
• What is Critical Thinking? • How to use Critical Thinking • Why do we need to think critically? • Resourceful Thinking • The Habitual Criteria and Core Patterns of Critical Thinking • Essential Patterns of more Advanced Critical Thinking
Module 2 :Risk and Root Cause Analysis
• What is Risk? • Identification of the Different Types of Business Risk and Financial Risk • Definitions of Root Cause Analysis (RCA) • Fundamental Elements of the Root Causes of Problems • General Principles of Root Cause Analysis • The Process of Implementing and Documenting an RCA-based Corrective Action • Root Cause Analysis Techniques
Module 3 :Problem Solving
• The Theory of Constraints (TOC) • The Deming Plan / Do / Check / Act (PDCA) Model • Using the Problem-solving Worksheet • The Problem-solving Process Models • Using the Tools and Techniques of the Problem-solving Process
Module 4 :Linking Critical Thinking with Risk and Root Cause Analysis
• Using the Problem-solving Process to Resolve Business Problems • The Use of Critical Thinking in a Business Context • The Practical Analysis of Business and Financial Risk • Applying the Tools and Techniques of Root Cause Analysis • Developing a Usable Problem-solving Approach to Generate Practical Solutions to Real-life Business Problems

Who Should Attend

• General Management• Finance and Accounting• Financial Planning and Budgeting• Treasurers • Auditors and Internal Auditors

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