Winning a Business Deal
OVERVIEW
Do you want to present a compelling case for your audience to get all “Yes's" so that you win the contract over? This Winning a Business deal course is carefully crafted to help you define via solutions to your clearly defined business problem or new product.
We also provide you a framework for business case development and techniques that fit any type of projects that needs funding or management approval.
Benefits for Organization.
- Reduce consultancy costs.
- Faster throughput and a clear, proportionate approval process.
- Improve quality of decision making.
LEARNING OUTCOME
Upon completion of this Business Case program, the participants will be able to:
- Set clear objectives – what you want to achieve from the investment.
- Construct a clear business case to make better business decisions.
- Consider a range of potential solutions – ensuring an optimal balance of benefits, cost and risk.
- Craft compelling business plan.
- Apply risk assessment techniques to forecast and mitigate issues.
- Prioritize alternative solutions according to key decision criteria.
- Present the business case to critical stakeholders.
- Creating a persuasive executive summary.
LEARNING METHODOLOGY
- This is an experiential training which integrates learning through videos, role plays, presentations, activities, business games, case studies, presentations, group discussions and reflection.
Module 1: Introduction
- Fundamentals of a business case
- Where the business case fits into the project life cycle
- Business case as an Organization Process Asset (OPA)
Module 2: Defining and Presenting Business Case
- Effective Executive Summary
- Project Initiative
- Strategic Alignment
- One project vs Multiple projects to achieve mission
- SMART objectives and key performance indicators
- Proving that benefits are realized
Module 3: Documenting the Case
- How much details are required
- Harvesting stakeholder goals
- Clarifying the business drivers
- Applying the stakeholder perception matrix
- Creating the problem statement
- Turning goals into business requirements
Module 4: Justifying the Case
- Identification and prioritization of alternative solutions
- Cost / benefit analysis
- Terminology and financial metrics
- Estimating techniques
- Process-related impacts
- People-related impacts
- System-related impacts
- Quantifying Implementation costs
- Quantifying Ongoing/operating costs
- Quantifying Benefits
Module 5: Comparing Costs and Benefits
- Estimating costs; Cost Estimation Worksheet
- Evaluating and selecting financial appraisal methods
- Forecasting benefits
- Categorizing tangible and intangible benefits
- Proving intangible benefits with a benefits rationale
- Creating and applying a basic cost model
- Employing four common financial analysis tools
- Producing a cash flow model
Module 6: Managing Business Case Risk
- Risk assessment methods and tools
- Recognizing the impact of time and risk
- Creating and using a risk register
- Applying a risk assessment matrix
- Prioritizing risks
- Framing risk with your stakeholder analysis
- Aligning risk evaluation with stakeholder point of view
Module 7: Targeting Your Recommendation
- Delivering and positioning the solution
- Three common decision-making heuristics
- Aligning the business case with stakeholders
- Aligning and prioritizing initiatives
- Prioritizing and selecting alternatives
- Selecting the business case delivery methodology
Module 8: Crafting a Persuasive Business Case
- Preparing the document
- Overcoming the business document paradox
- Minimizing content to get maximum results
- Polishing the Executive Summary
- Avoiding common mistakes
Module 9: Presenting the Business Case
- Organizing your presentation
- Revisiting key decision-maker hot buttons
- Preparing the message
- Sequencing the content
- Tailoring your presentation to the audience
- Selecting the delivery medium
- Communicating your case with confidence
- Generating feedback for improvement
- Business analysts
- Project managers and anyone who creates business cases to justify investment in a program, product or purchase, as well as business and technical evaluators who evaluate and report on business cases.
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Ref. No.askhrd/2024/152
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ModuleSBL Khas Claimable
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AvailabilityPublic & Inhouse
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TrainerHRDCorp Certified
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Duration2 days (16 hours session)
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SkillsAll Levels
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LanguageB. Malaysia & English
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VenueHotel (for Public Session)
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FormatF2F | Webinar
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Training MaterialProvided during training session
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CertificateCertificate of Completion
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Inclusion (Public)2 Lunch + 4 Coffee Breaks
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