Achieving true budget efficiency requires more than just cost-cutting—it demands a fundamental rethinking and redesign of the underlying business processes that drive costs and resource allocation. Process re-engineering is a powerful methodology for radically improving an organization’s performance by focusing on efficiency, quality, and speed. This training course is designed to equip financial professionals and business leaders with the strategic mindset and practical tools to identify and eliminate process bottlenecks, streamline workflows, and create a more agile and efficient organization from the ground up, with a direct and positive impact on the budget.

This comprehensive program moves beyond traditional financial metrics to give you a hands-on guide to analyzing, redesigning, and implementing more efficient processes that directly translate into budgetary savings. You will learn how to use a variety of tools, from process mapping to value stream analysis, to uncover hidden inefficiencies and create a new operational framework. By the end of this course, you will be empowered to drive a transformative change in your organization, creating a leaner, more responsive, and more profitable business model through strategic process re-engineering.

Duration

5 days

Target Audience

• Budget managers and analysts
• Financial controllers
• Business process analysts
• Operations and production managers
• Project managers
• Chief Financial Officers (CFOs)
• Strategic planners
• Management consultants
• Department heads
• Individuals involved in continuous improvement initiatives

Objectives

• Understand the strategic link between process re-engineering and budget efficiency.
• Master the methodology for analyzing and mapping business processes.
• Identify and eliminate waste and non-value-added activities in workflows.
• Use a zero-based approach to justify and budget for redesigned processes.
• Leverage technology to automate and streamline operational tasks.
• Implement a continuous improvement mindset in financial and operational planning.
• Measure the financial impact of process re-engineering efforts.
• Lead a change management initiative for process and budget transformation.
• Drive a culture of operational excellence and cost-consciousness.

Course Modules

Module 1: The Foundations of Process Re-engineering

• The difference between process re-engineering and incremental improvement.
• The strategic role of processes in an organization.
• The link between inefficient processes and budgetary waste.
• A systematic approach to re-engineering a business process.
• Case studies of successful process transformations.

Module 2: Process Analysis and Mapping

• Tools for process analysis and data collection.
• A step-by-step guide to creating a process map.
• Using value stream mapping to identify waste.
• Identifying bottlenecks and non-value-added steps.
• Practical exercises on mapping a sample business process.

Module 3: Budgeting for Re-engineering

• The process of justifying a re-engineering project.
• Creating a budget for the project's costs and resources.
• Using a "future state" budget to quantify potential savings.
• The link between re-engineering and zero-based budgeting.
• Communicating the financial benefits of the project.

Module 4: Process Redesign and Optimization

• Principles of effective process design.
• The role of technology and automation in a redesigned process.
• Creating a new workflow that is efficient and effective.
• Integrating lean principles into process design.
• Practical exercises on redesigning a sample process.

Module 5: Implementing the New Process

• A change management framework for a smooth transition.
• Training employees on new roles and responsibilities.
• The role of leadership in championing the change.
• Phased implementation vs. a "big-bang" approach.
• Managing resistance and gaining organizational buy-in.

Module 6: Measuring the Financial Impact

• Key performance indicators (KPIs) for process efficiency.
• Quantifying cost savings from reduced waste and faster cycle times.
• Measuring the return on investment (ROI) of the project.
• Using dashboards to monitor performance of the new process.
• Reporting on financial and operational improvements.

Module 7: Continuous Improvement

• The importance of a continuous improvement mindset.
• Setting up a feedback loop for ongoing process optimization.
• The role of the finance team in monitoring efficiency.
• Leveraging data analytics to find new opportunities.
• Integrating a continuous improvement culture into financial planning.

Module 8: Final Workshop and Action Plan

• A comprehensive case study on a company with an inefficient process.
• Participants work in groups to re-engineer a process and create a budget.
• Presenting your re-engineering plan to the class for feedback.
• A final Q&A and best practice sharing session.
• Developing a personal action plan for your organization.

Training Approach

This course will be delivered by our skilled trainers who have vast knowledge and experience as expert professionals in the fields. The course is taught in English and through a mix of theory, practical activities, group discussion and case studies. Course manuals and additional training materials will be provided to the participants upon completion of the training.

Tailor-Made Course

This course can also be tailor-made to meet organization requirement. For further inquiries, please contact us on: Email: info@skillsforafrica.org, training@skillsforafrica.org Tel: +254 702 249 449

Training Venue

The training will be held at our Skills for Africa Training Institute Training Centre. We also offer training for a group at requested location all over the world. The course fee covers the course tuition, training materials, two break refreshments, and buffet lunch.

Visa application, travel expenses, airport transfers, dinners, accommodation, insurance, and other personal expenses are catered by the participant

Certification

Participants will be issued with Skills for Africa Training Institute certificate upon completion of this course.

Airport Pickup and Accommodation

Airport pickup and accommodation is arranged upon request. For booking contact our Training Coordinator through Email: info@skillsforafrica.org, training@skillsforafrica.org Tel: +254 702 249 449

Terms of Payment: Unless otherwise agreed between the two parties’ payment of the course fee should be done 7 working days before commencement of the training.