An Intensive 5-day Training Course
Managing Cash Flow
in an Economic Downturn
Would an alternative date be more suitable?
We offer a variety of tailored training options, customized to meet your organisation's needs. Delivered anytime, anywhere, we make it easy to bring expert training directly to your team.
We don’t have a scheduled session for this course at the moment. For more information and to enquire about future sessions, please feel free to reach out to our Training Department ([email protected])
Why Choose this Training Course?
The recent economic downturn has brought significant disruptive change to world markets and commodity prices. Industries the like oil and gas sector have faced a rapid decline in output prices and face enormous pressure on their ability to maintain profit, cash flow and shareholder value. A company’s ability to survive and thrive in these challenging times is critically dependent on its skills in managing and maintaining vital cash flow. This highly practical training course provides valuable insights in to how delegates can apply the principles of effective cash flow management in their own organisations.
This training course will feature and provide key insights in to:
- The strategic challenge to maintain profit and cash flow
- How cash and cash flow drives key performance measures
- Understanding and managing the main drivers of cash flow
- Modern techniques for strategic cost reduction
- Overcoming barriers to implementing cash flow improvement strategies
What are the Goals?
The training course intends to provide delegates with the principles and practical skills to manage cash flow in an economic downturn.
At the end of this training course you will be able to:
- Understand how cash flow drives organisational performance
- Identify and manage the key components of business cash flow
- Use practical tools and techniques to manage cash flow
- Apply modern quality focused strategic tools to reduce costs
- Overcome common barriers to cash flow improvement initiatives
Who is this Training Course for?
The course is designed to provide useful insights and practical guidance to managers from a full range of backgrounds and industry sectors, but particularly those facing the challenges of major market and price changes
This course is suitable to a wide range of delegates but will greatly benefit:
- Professionals responsible for significant functions and budgets
- Design professionals and designers
- Production managers
- Purchasing and supply chain professionals
- Marketing and sales team
- Finance heads and budgeting managers
How will this Training Course be Presented?
Participants to this seminar will receive a thorough training on the subjects covered by the seminar outline with the Tutor utilising a variety of proven adult learning teaching and facilitation techniques. Seminar methodology includes: participative seminars, discussion groups and case studies, including an analysis of the key cash flow drivers in the oil and gas sector.
Daily Agenda
Day One: The Context and Drive for Cash Flow Improvement
- Creating and measuring stakeholder value
- The role of cash flow in organisational performance
- Operating a winning business model
- Financial statements for cash flow management
- The key drivers of cash flow, liquidity and solvency
Day Two: Understanding and Improving Operational Cash Flow
- Understanding the vital difference between profit and cash flow
- Approaches to understanding cost behaviour
- A strategic approach to cost reduction
- Strategies for profit improvement
- Using and interpreting key profit performance ratios
Day Three: Understanding and Improving Working Capital
- What working capital is – how it drives shareholder value
- Understanding the working capital cycle
- Tools and techniques to optimise inventory
- Tools and techniques to optimise customer receivables
- Tools and techniques to minimise the cash float
- Optimising cash resources with financial system improvements
Day Four: Understanding the Other Key Drivers of Cash Flow
- Using key financial ratios to optimise cash flow
- Understanding capital structure and risk
- Sources of business funding
- Calculating company cost of capital
- Managing capital investment in a challenging business environment
- Capital rationing techniques
- Case study: key cash flow drivers in the oil and gas sector
Day Five: Cash Flow Planning and Forecasting Tools
- Tips for building financial models in Excel
- Approaches to making cash flow forecasts
- Building a financial model to test the impact of risk on cash flow
Overcoming the Barriers to Change
- The need for urgency in applying cash flow improvement measures
- Overcoming resistance to change
Certificate
- On successful completion of this Training Course / Online Training Course, a PetroKnowledge Certificate / E-Certificate will be awarded to the delegates.
In Association With
Frequently Asked Questions
PetroKnowledge is a globally recognized provider of training courses for oil and gas professionals, offering a wide range of specialized training courses designed to enhance knowledge, skills, and expertise in the energy sector. With courses tailored to meet the evolving demands of the oil and gas industry, PetroKnowledge helps professionals stay up-to-date with industry standards, technological advancements, and best practices.
Our courses are specifically developed for professionals in the oil and gas industry, including engineers, technical staff, managers, and other specialists looking to advance their careers. Whether you’re a seasoned expert or new to the sector, our training for oil and gas professionals is suited to individuals at all stages of their professional journey.
PetroKnowledge offers flexible learning solutions with both online courses and in-person training options. Online courses for oil and gas professionals provide the flexibility to learn from anywhere, while in-person courses offer a hands-on, interactive learning environment. Each training course page provides detailed information on the delivery format, allowing you to choose the option that best meets your learning style and schedule
Yes, PetroKnowledge offers customized in-house training solutions for organizations looking to upskill their teams. We work closely with companies to design bespoke training courses for oil and gas professionals that address specific challenges and objectives. Whether you need on-site training or online solutions, we can tailor the training courses to suit your organization’s needs.
Certain advanced training courses for oil and gas professionals may require prior experience or technical knowledge. These prerequisites ensure that participants can fully benefit from the course content. We recommend reviewing the course description on the relevant page to determine if any prerequisites apply to your selected course.
Enrolling in one of our training courses for oil and gas professionals is simple and convenient. Navigate to the specific course page, click “Enroll Now,” and complete the registration form. You will receive a confirmation email with further details on how to proceed.
You may also get in touch with our Registration Team on
+971 50 981 7386 | +971 2 557 7389 or send an email to [email protected]
Upon successful registration online, enrolment on the respective training course will be confirmed by Registration Team by e-mail along with the invoice and joining instruction.
Yes, upon successful completion of our courses for professionals in the oil and gas industry, you will receive an industry-recognized certificate from PetroKnowledge. This certification is designed to validate your skills and knowledge and can significantly enhance your professional credentials, boosting your career prospects in the competitive oil and gas sector.
Pre-Course Cancellation
Our refund and cancellation policy varies depending on the course and circumstances. Generally, cancellations made at least 21 days before the training are eligible for a refund, less any administrative fees.
Refund Policy Disclaimer
All course bookings made through PetroKnowledge are non-refundable. By registering for a course, you acknowledge and accept that fees are payable in full and are not subject to refund under any circumstances, including but not limited to participant dissatisfaction, changes in personal or professional circumstances, or partial attendance.
PetroKnowledge reserves the right to make reasonable adjustments to course content, trainers, or schedules where necessary, without entitling delegates to a refund. Full details of each course – including objectives, target audience, and content – are clearly outlined prior to enrolment, and it is the responsibility of the delegate to ensure suitability before booking.
If you have any specific inquiries about the cancellation or refund, don’t hesitate to contact our support team, who can assist with your booking and cancellation queries.
For corporate fees and group registration, please send your query to [email protected].
