- Duration: 3 Days
Course details
Assistant Managers / Team Leaders / Supervisors who are required to contribute to building the departmental business plan, and Department Managers with 2-3 years’ experience in their department.
Exploring the principles of businesses plans and their relevant financial aspects. Using financial records to understand the procedures used to prepare and evaluate the business plans.
DAY 1: THE BUSINESS PLAN
- What is a Business Plan?
- Types of Business Plan.
- Benefits / Reasons for having Business Plan.
- What should a Business Plan contain?
- Areas to focus on and areas to avoid.
- Common mistakes to avoid.
- Practical exercises
DAY 2: FINANCIAL ASPECTS
- What are Financial Statements?
- Identifying the Statistical Measures for the company and market analysis.
- Statements Used for Projections.
- Identifying the Ratios Analysis.
- How to Prepare the Analysis Reports.
- Practical exercises
DAY 3: WORKSHOP
- Practical application of new skills.
About Arab Insurance Institute
Created under the umbrella of the GAIF – General Arab Insurance Federation and owned by 40+ shareholders from insurance-related organizations from across the Arab world, The Arab Insurance Institute is an independent organization providing training and education to insurance-related organizations and inpiduals across Middle-East, Gulf and North Africa.
their ctheirses and programmes are designed to support people from all disciplines in, or associated with, the insurance industry, both general and life; insurance and reinsurance providers, insurance brokers, loss adjusters, and insurance departments in other business sectors. The range of ctheirses is constantly expanding in response to demand.
As experienced insurance practitioners and business leaders they know that in order to improve performance at work, training needs to develop practical skills as theyll as theoretical knowledge. To achieve this they bring together academic research, practical advice and guidance, professional development and rigorous standards to enhance technical competence and business capabilities. This is good for business, for society at large, and good for people's working lives.
they combine of face-to-face delivery with the latest methods in technology-enabled learning, appropriate to the topic and programme requirements. Ctheirses are offered across the region, some from their permanent sites and others from temporary venues. their trainers are insurance practitioners and/or specialists in their field.
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