This course will discuss what the accountants of today should know about Excel to improve their efficiency, access data, and gain insights into the company, industry, and economy.
Learning Objectives
- Learning Outcomes
- Identify how the strategy implementation phase fits into the overall strategic management process, and how to align organizational structures and resources with new strategic directions.
- Analyze the risks associated with formulating strategy and determine risk mitigation associated with formulating strategy.
- Analyze the formal approach and process of strategic management, and different approaches to strategy formulation.
- Apply the role of management in strategic decision-making.
- Apply forecasting in strategic decision-making and planning.
- Determine strategic options based on the use of decision trees.
- Apply scenario planning in strategic decision-making and planning.
- Determine ethical issues and the impact on strategic decision-making, and how to build and manage strategic relationships using the outcome from stakeholder mapping using Mendelow's Matrix to assist with the process of managing stakeholders.
- Determine the context for change and evaluate triggers for organization change, and the different types of change and the risk for strategic drift.
Major Topics
Reality of Excel use;Gartner : Magic Quadrant of tools for data analysis;Will Excel go away?;Two essential Lean principles;Misuses of Excel;APIs (Automated Program Interfaces);Relationship between Excel and data analytics;Excel tips and tricks
